Common use of Condition to Beginning Arbitration Clause in Contracts

Condition to Beginning Arbitration. FSB prefers to resolve any dispute directly with you. Before starting arbitration, the party who has the claim or dispute shall notify the other party in writing and describe the dispute in reasonable detail. Both of us shall attempt in good faith to resolve the claim or dispute. However, if the dispute remains unresolved for thirty (30) days, then either you or FSB may start arbitration. This provision shall not apply when one of us files a lawsuit against the other and the other party elects to arbitrate.

Condition to Beginning Arbitration. FSB prefers to resolve any dispute directly with you. Before starting arbitration, the party who has the claim or dispute shall notify the other party in writing and describe the dispute in reasonable detail. Both of us shall attempt in good faith to resolve the claim or dispute. However, if the dispute remains unresolved for thirty (30) days, then either you or FSB may start arbitration. This provision shall not apply when one of us files files a lawsuit against the other and the other party elects to arbitratetoarbitrate.

Condition to Beginning Arbitration. FSB prefers to resolve any dispute directly with you. Before starting arbitration, the party who has the claim or dispute shall notify the other party in writing and describe the dispute in reasonable detail. Both of us shall attempt in good faith to resolve the claim or dispute. However, if the dispute remains unresolved for thirty (30) days, then either you or FSB may start arbitration. This provision shall not apply when one of us files files a lawsuit against the other and the other party elects to arbitrate.