Common use of Dispute Resolution and Escalation Procedure Clause in Contracts

Dispute Resolution and Escalation Procedure. 1. The Parties shall attempt to resolve disputes between them arising out of or relating to this Agreement in a constructive manner that reflects the concerns and legitimate interests of each Party at the appropriate levels of authority within each Party prior to the initiation of judicial proceedings. In particular, the Parties shall aim to settle a dispute already at the appropriate level and within the appropriate framework with the objective of avoiding the need to invoke this Dispute Resolution and Escalation Procedure.

Appears in 3 contracts

Samples: www.ecb.europa.eu, www.ecb.europa.eu, www.ecb.europa.eu

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Dispute Resolution and Escalation Procedure. 1. The Parties shall attempt to resolve disputes between them arising out of or relating to this Agreement in a constructive manner that reflects the concerns and legitimate interests of each Party at the appropriate levels of authority within each Party prior to the initiation of judicial proceedings. In particular, the Parties shall aim to settle a dispute dis- pute already at the appropriate level and within the appropriate framework with the objective of avoiding the need to invoke this Dispute Resolution and Escalation ProcedurePro- cedure.

Appears in 1 contract

Samples: Participation Agreement

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