Common use of INITIAL DISPUTE Clause in Contracts

INITIAL DISPUTE. RESOLUTION If a dispute arises out of or relates to this Agreement or its breach, the parties shall endeavor to settle the dispute first through direct discussions amongst principals of the companies.

INITIAL DISPUTE. RESOLUTION If a dispute arises out of or relates to this Agreement or its breach, before either party commences litigation the parties shall endeavor to settle the dispute first through direct discussions amongst principals of the companiesdiscussions.