Common use of Negotiated Resolution Clause in Contracts

Negotiated Resolution. Except to the extent a different procedure is expressly provided for herein, if any dispute arises (i) out of or relating to, this Agreement, any Transaction Document or any alleged breach hereof or thereof, or (ii) with respect to any of the Transactions (“Dispute”), the party desiring to resolve such Dispute shall deliver a written notice describing such Dispute with reasonable specificity to the other parties (“Dispute Notice”). If any party delivers a Dispute Notice pursuant to this Section 8.05, or if any Stockholder delivers to any Indemnitee an Indemnification Objection Notice pursuant to Section 8.06, the parties involved in the Dispute shall meet at least twice within the twenty (20) day period commencing with the date of the Dispute Notice or the Indemnification Objection Notice (as the case may be) and in good faith shall attempt to resolve such Dispute (as the case may be).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Castellum, Inc.), Stock Purchase Agreement (Castellum, Inc.)

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Negotiated Resolution. Except to the extent a different procedure is expressly provided for herein, if any dispute arises (i) out of or relating to, this Agreement, any Transaction Document or any alleged breach hereof or thereofhereof, or (ii) with respect to any of the Contemplated Transactions (“Dispute”), the party desiring to resolve such Dispute shall deliver a written notice describing such Dispute with reasonable specificity to the other parties (“Dispute Notice”). If any party delivers a Dispute Notice pursuant to this Section 8.059.5, or if any Stockholder Parent or the Shareholders’ Representative delivers to any Indemnitee the other an Indemnification Objection Notice pursuant to Section 8.068.7, the parties involved in the Dispute shall meet at least twice within the twenty thirty (2030) day period commencing with the date of the Dispute Notice or the Indemnification Objection Notice (as the case may be) and in good faith shall attempt to resolve such Dispute (as the case may be).

Appears in 1 contract

Samples: Merger Agreement (Simulations Plus Inc)

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Negotiated Resolution. Except to the extent a different procedure is expressly provided for herein, if any dispute arises (i) out of or relating to, this Agreement, any Transaction Document or any alleged breach hereof or thereofhereof, or (ii) with respect to any of the Contemplated Transactions (“Dispute”), the party desiring to resolve such Dispute shall deliver a written notice describing such Dispute with reasonable specificity to the other parties (“Dispute Notice”). If any party delivers a Dispute Notice pursuant to this Section 8.059.5, or if any Stockholder Purchaser or the Shareholders’ Representative delivers to any Indemnitee the other an Indemnification Objection Notice pursuant to Section 8.068.6, the parties involved in the Dispute shall meet at least twice within the twenty thirty (2030) day period commencing with the date of the Dispute Notice or the Indemnification Objection Notice (as the case may be) and in good faith shall attempt to resolve such Dispute (as the case may be).

Appears in 1 contract

Samples: Stock Purchase Agreement (Simulations Plus Inc)

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