Common use of Friendly Consultation Clause in Contracts

Friendly Consultation. Any dispute, controversy or claim arising out of or relating to this Agreement, or the performance, interpretation, breach, termination or validity hereof, shall first be resolved through friendly consultation. Such consultation shall begin immediately after one Party has delivered to the other Party a written request for such consultation stating specifically the nature of the dispute, controversy or claim. If within thirty (30) days following the date on which such notice is given the dispute cannot be resolved, the dispute shall be submitted to arbitration upon the request of a Party with notice to the other Party.

Appears in 3 contracts

Samples: Shareholders Agreement, Shareholders' Agreement (Affinia Group Holdings Inc.), Shareholders Agreement (Affinia Group Holdings Inc.)

AutoNDA by SimpleDocs

Friendly Consultation. Any dispute, controversy or claim arising out of or relating to this AgreementContract, or the performance, interpretation, breach, termination or validity hereof, shall first be resolved through friendly consultation. Such consultation shall begin immediately after one Party has delivered to the other Party a written request for such consultation stating specifically the nature of the dispute, controversy or claim. If within thirty (30) 30 days following the date on which such notice is given the dispute cannot be resolved, the dispute shall be submitted to arbitration upon the request of a either Party with notice to the other Party.

Appears in 1 contract

Samples: Equity Interest Transfer Contract (Chart Industries Inc)

AutoNDA by SimpleDocs

Friendly Consultation. Any dispute, controversy or claim arising out of or relating to this AgreementContract, or the performance, interpretation, breach, termination or validity hereof, shall first be resolved through friendly consultation. Such consultation shall begin immediately after one Party has delivered to the other Party a written request for such consultation stating specifically the nature of the dispute, controversy or claim. If within thirty (30) days following the date on which such notice is given the dispute cannot be resolved, the dispute shall be submitted to arbitration upon the request of a Party with notice to the other Party.

Appears in 1 contract

Samples: Shares Transfer Contract (Affinia Group Intermediate Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!