Common use of Independent arbitration and mediation Clause in Contracts

Independent arbitration and mediation. 4.1 Should the Executives of the Parties fail to reach unanimous agreement in the determination of any Dispute referred to them within fourteen (14) Working Days of such referral, the Parties undertake to meet promptly and consider whether or not the Dispute should be referred to Arbitration or Mediation. If the Parties agree in writing that the Dispute should be referred to Arbitration or Mediation, such dispute will be determined by Arbitration or Mediation in accordance with the remaining provisions of this clause, and either Party may then file a request for Arbitration or Mediation. If the Parties fail to reach an agreement in writing to refer the Dispute to Arbitration or Mediation within a period of two (2) Working Days of meeting pursuant to this Clause, then either Party will be entitled to commence litigation proceedings against the other Party or to refer the Dispute to URCA under Clause 5 of this Annex.

Independent arbitration and mediation. 4.1 Should the Executives of the Parties fail to reach unanimous agreement in the determination of any Dispute dispute referred to them within fourteen (14) Working Days of such referral, the Parties undertake to meet promptly and consider whether or not the Dispute dispute should be referred to Arbitration arbitration or Mediationmediation. If the Parties agree in writing that the Dispute dispute should be referred to Arbitration arbitration or Mediationmediation, such dispute will be determined by Arbitration arbitration or Mediation mediation in accordance with the remaining provisions of this clause, and either Party may then file a request for Arbitration arbitration or Mediationmediation. If the Parties fail to reach an agreement in writing to refer the Dispute dispute to Arbitration arbitration or Mediation mediation within a period of two (2) Working Days of meeting pursuant to this Clause, then either Party will be entitled to commence litigation proceedings against the other Party or to refer the Dispute dispute to URCA under Clause Xxxxxx 5 of this Annex.

Independent arbitration and mediation. 4.1 Should the Executives of the Parties fail to reach unanimous agreement in the determination of any Dispute dispute referred to them within fourteen (14) Working Days of such referral, the Parties undertake to meet promptly and consider whether or not the Dispute dispute should be referred to Arbitration arbitration or Mediationmediation. If the Parties agree in writing that the Dispute dispute should be referred to Arbitration arbitration or Mediationmediation, such dispute will be determined by Arbitration arbitration or Mediation mediation in accordance with the remaining provisions of this clause, and either Party may then file a request for Arbitration arbitration or Mediationmediation. If the Parties fail to reach an agreement in writing to refer the Dispute dispute to Arbitration arbitration or Mediation mediation within a period of two (2) Working Days of meeting pursuant to this Clause, then either Party will be entitled to commence litigation proceedings against the other Party or to refer the Dispute dispute to URCA under Clause 5 of this Annex.

Independent arbitration and mediation. 4.1 E.4.1 Should the Chief Executives of the Parties fail to reach unanimous agreement in the determination of any Dispute dispute referred to them as in Clause E.4 within fourteen (14) Working Days of such referral, the Parties undertake to meet promptly and consider whether or not the Dispute dispute should be referred to Arbitration arbitration or Mediationmediation. If the Parties agree in writing that the Dispute dispute should be referred to Arbitration arbitration or Mediationmediation, such dispute will be determined by Arbitration arbitration or Mediation mediation in accordance with the remaining provisions of this clause, and either Party may then file a request for Arbitration arbitration or Mediationmediation. If the Parties fail to reach an agreement in writing to refer the Dispute dispute to Arbitration arbitration or Mediation mediation within a period of two (2) Working Days of meeting pursuant to this Clause, then either Party will be entitled to commence litigation proceedings against the other Party or to refer the Dispute dispute to URCA under Clause 5 of this AnnexXxxxxx E.5.