Common use of Inform and Negotiate Clause in Contracts

Inform and Negotiate. MSRC and the COMPANY will each use its best efforts to inform the other party by written notice promptly following the later of the occurrence or the discovery of any such occurrence of any issue or event that the party knows has raised a dispute under this Agreement. The COMPANY and MSRC will try to resolve any disputed matter by negotiation. If the dispute is not resolved to the satisfaction of a party, that party will deliver a written notice of Claim to the other party.

Appears in 6 contracts

Samples: Marine Spill Response Corporation Service Agreement, Service Agreement, Service Agreement

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