Common use of Informal Dispute Resolution Procedures Clause in Contracts

Informal Dispute Resolution Procedures. The Parties agree that, upon receipt of written notice of a dispute from a Party, the Parties will promptly refer the dispute to a Representative of each Party. The Representatives of each Party shall negotiate in good faith to resolve the dispute for at least fifteen (15) days (or such other shorter time as circumstances may reasonably require) prior to resorting to resolution under Section 8.5(b), conferring as often as they deem reasonably necessary, and shall gather and in good faith furnish to each other the information pertinent to the dispute. Statements made by Representatives of the Parties during the dispute resolution mechanisms set forth in this Section 8.5(a) and documents specifically created for such dispute resolution mechanisms shall be considered part of settlement negotiations and shall not be admissible in evidence in any proceeding without the mutual consent of the Parties.

Informal Dispute Resolution Procedures. The Parties agree that, at all times, they will attempt in good faith to resolve all disputes that may arise under this Agreement. The Parties further agree that, upon receipt of written notice of a dispute from a Party, the Parties will promptly refer the dispute to a Representative the Designated Person of each Party. The Representatives of each Party Designated Persons shall negotiate in good faith to resolve the dispute for at least fifteen (15) days (or such other shorter time as circumstances may reasonably require) prior to resorting to resolution under Section 8.5(b)dispute, conferring as often as they deem reasonably necessary, and shall gather meet and in good faith furnish to each other the information pertinent to the dispute. Statements made by Representatives of the Parties during the dispute resolution mechanisms set forth in this Section 8.5(a) 11.4 and documents specifically created for such dispute resolution mechanisms shall be considered part of settlement negotiations and shall not be admissible in evidence in by any proceeding without the mutual consent of the Parties.