Negotiation by Individuals Sample Clauses

Negotiation by Individuals. To commence negotiation of a dispute, either Party may send written notice (“Negotiation Notice”) to the other Party containing a concise summary of the dispute and requesting negotiations. Within seven (7) days following receipt of such Negotiation Notice by the other Party, each Party will designate in writing to the other Party one or more individuals having general responsibility for this Agreement and authority to negotiate a settlement of the dispute (“Individuals”). The chosen Individuals shall make such investigation as they deem appropriate and will promptly, but in no event later than thirty (30) days from the date of the Negotiation Notice, communicate to attempt to resolve the dispute. If the dispute has not been resolved within forty-five (45) days of the first communication between such Individuals in furtherance of resolving the dispute, resolution shall then be attempted by representatives as specified in subsection (b) of this Section of this Agreement below. The submission of a Negotiation Notice shall toll any applicable statutes of limitation or prescriptive periods under this Agreement, pending the settlement or abandonment of the dispute.
Sample 1
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Related to Negotiation by Individuals

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • NOW, THEREFORE the parties hereto agree as follows:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Definitions For purposes of this Agreement:

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

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