Direct discussion between Parties. The Parties agree that any Dispute that may arise between them shall be first submitted for direct discussion between the Parties. For this purpose, the notice of Dispute (the “Notice of Dispute”) sent by one Party to the other Party under Article 27.1 shall be considered an invitation for direct discussion, and it should specify a reasonable time and venue for the conducting of negotiation proceedings. In addition, the Notice of Dispute shall specify the basis of the Dispute and the amount claimed. In the direct discussion proceedings, each Party shall be represented by their representatives/officials or employees with sufficient knowledge and authority over the subject matter of the Dispute in order for the discussion to be meaningful. At the discussion proceedings, the Party that has given the Notice of Dispute shall present an offer of a settlement, which may form the starting point of discussions between the two Parties during the discussion proceedings.
Appears in 3 contracts
Samples: Concession Agreement, Substitution Agreement, Concession Agreement
Direct discussion between Parties. The Parties agree that any Dispute that may arise between them shall be first submitted for direct discussion between the Parties. For this purpose, the notice of Dispute (the “"Notice of Dispute”") sent by one Party to the other Party under Article 27.1 Clause 17.1 shall be considered an invitation for direct discussion, and it should specify a reasonable time and venue for conduct of the conducting of negotiation proceedings. In addition, the Notice of Dispute shall specify the basis of the Dispute and the amount claimed. In the direct discussion proceedings, each Party shall be represented by their representatives/officials or employees with sufficient knowledge and authority over the subject matter of the Dispute in order for the discussion to be meaningful. At the discussion proceedings, the Party that has given the Notice of Dispute shall present an offer of a settlement, which may form the starting point of discussions between the two Parties during the discussion proceedings.
Appears in 1 contract
Samples: Management Contract
Direct discussion between Parties. The Parties agree that any Dispute that may arise between them shall be first submitted for direct discussion between the Parties. For this purpose, the notice of Dispute (the “Notice of Dispute”) sent by one Party to the other Party under Article 27.1 shall be considered an invitation for direct discussion, and it should specify a reasonable time and venue for conduct of the conducting of negotiation proceedings. In addition, the Notice of Dispute shall specify the basis of the Dispute and the amount claimedDispute. In the direct discussion proceedings, each Party both the Parties shall be represented by their representatives/any of its officials or employees with sufficient knowledge and authority over the subject matter of the Dispute in order for the discussion to be meaningful. At the discussion proceedings, the Party that has given the Notice of Dispute shall present an offer of a settlement, which may form the starting point of discussions between the two Parties during the discussion proceedings.
Appears in 1 contract
Samples: Draft Contract Agreement
Direct discussion between Parties. The Parties agree that any Dispute that may arise between them shall be first submitted for direct discussion between the Parties. For this purpose, the notice of Dispute (the “Notice of Dispute”) sent by one Party to the other Party under Article 27.1 21.1 shall be considered an invitation for direct discussion, and it should specify a reasonable time and venue for conduct of the conducting of negotiation proceedings. In addition, the Notice of Dispute shall specify the basis of the Dispute and the amount claimed. In the direct discussion proceedings, each Party both the Parties shall be represented by their representatives/any of its officials or employees with sufficient knowledge and authority over the subject matter of the Dispute in order for the discussion to be meaningful. At the discussion proceedings, the Party that has given the Notice of Dispute shall present an offer of a settlement, which may form the starting point of discussions between the two Parties during the discussion proceedings.
Appears in 1 contract
Samples: www.fdcm.nic.in