Good Faith Resolution. The Parties agree to make a diligent, good faith attempt to resolve all disputes. If the representatives of the Parties are unable to resolve a dispute within fifteen (15) days after notice from one Party to the other, such dispute shall be submitted promptly to the chief executive officers of the Parties, who shall meet, in person or by telephone, not later than fourteen (14) days after the date such dispute was submitted to them. In the event that the officers cannot resolve the dispute within sixty (60) days after the matter is submitted to them, then, unless otherwise agreed, such dispute shall be submitted to arbitration.
Appears in 4 contracts
Samples: Cogeneration Development Agreement, Facility Operations and Maintenance Agreement (Cogentrix Energy Inc), Cogeneration Development Agreement (Southern Co)
