Senior Officers definition
Examples of Senior Officers in a sentence
If the JSC fails to reach agreement on a matter for which it has the authority to determine under Section 8.6 (JSC Responsibilities) within [***] after such matter was brought to the JSC for resolution, such disagreement shall be referred to the Senior Officers of the Parties for resolution, who shall use good faith efforts to meet and resolve such matter within [***] after it is referred to them.
If the Senior Officers are unable to resolve the matter within [***], or such other longer time that the Senior Officers may otherwise agree upon, after the matter is referred to them, then either Party shall have the right to refer such issue to arbitration under Section 15.3 (Long Form Arbitration) by providing written notice thereof to the other Party, unless such issue is subject to Section 14.4.4 (Consideration), which shall be resolved under Section 15.4 (Expediated Arbitration).
If the Parties (and the Senior Officers) are unable to agree an issue subject to [***], such disagreement will be resolved solely and exclusively by binding arbitration to be conducted as set forth below in this Section 15.4 (Expediated Arbitration) (“Expedited Arbitration”).
If the Senior Officers are unable to reach consensus on any such matter during such period, then [***].
Except as provided herein, the arbitration will be governed by the Rules of Arbitration of the International Chamber of Commerce (the “Arbitration Rules”) applicable at the time of the notice of arbitration pursuant to Section 15.2 (Escalation to Senior Officers), including the right of each Party to undertake document requests.