Common use of Initiation of Dispute Resolution Clause in Contracts

Initiation of Dispute Resolution. (a) In the event that a Dispute arises, the Parties shall attempt in good faith to settle such Dispute by mutual discussions within thirty (30) Days after the date that the disputing Party gives Notice of the Dispute to the other Party which may include referring the Dispute to the Joint Coordinating Committee for a specified time period, subject to mutual agreement of the Parties. (b) In the event that the Dispute is not resolved in accordance with Article 19.2(a), either Party may refer the Dispute to the chief executive officer or chief operating officer of Project Company and GPA for further consideration. In the event that such individuals are unable to reach agreement within fifteen (15) Days, or such longer period as they may agree, then either Party may commence arbitration of the Dispute in accordance with Article 19.3

Initiation of Dispute Resolution. (a) In the event that a Dispute arises, the Parties shall attempt in good faith to settle such Dispute by mutual discussions within thirty (30) Days after the date that the disputing Party gives Notice of the Dispute to the other Party which may include referring the Dispute to the Joint Coordinating Committee for a specified time period, subject to mutual agreement of the Parties. (b) . In the event that the Dispute is not resolved in accordance with Article 19.2(a19.2.1(a), either Party may refer the Dispute to the chief executive officer or chief operating officer of Project Company and GPA for further consideration. In the event that such individuals are unable to reach agreement within fifteen (15) Days, or such longer period as they may agree, then either Party may commence arbitration of the Dispute in accordance with Article 19.3