Common use of Dispute Negotiation Clause in Contracts

Dispute Negotiation. Prior to instituting any litigation or other dispute resolution as provided herein, the Parties will attempt in good faith to resolve any dispute or claim by referring any such matter, within ten (10) days of written notice of any such dispute or claim, to one of their respective executive officers for resolution. The executive officers of the relevant Parties shall attempt to resolve the dispute or claim within thirty (30) days.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Baycorp Holdings LTD), Purchase and Sale Agreement (New England Power Co), Purchase and Sale Agreement (Connecticut Light & Power Co)

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Dispute Negotiation. Prior to instituting any litigation arbitration or other dispute resolution as provided herein, the Parties will attempt in good faith to resolve any dispute or claim by referring any such matter, matter within ten (10) days of written notice of any such dispute or claim, to one of their respective chief executive officers for resolution. The chief executive officers of the relevant Parties shall attempt to resolve the dispute or claim within thirty (30) days.. -94-

Appears in 1 contract

Samples: Purchase and Sale Agreement (Dominion Resources Inc /Va/)

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