Common use of Negotiation to Resolve Disputes Clause in Contracts

Negotiation to Resolve Disputes. If a Dispute arises, the Disputing Parties shall attempt to resolve such Dispute through the following procedure: (i) first, each of the Disputing Parties shall promptly meet (whether by phone or in person) in a good faith attempt to resolve the Dispute. (ii) second, if the Dispute is still unresolved after ten Business Days following the commencement of the negotiations described in Section 16.21(b)(i), then the chief executive officer (or his designee) of the direct parent of each Disputing Party shall meet (whether by phone or in person) in a good faith attempt to resolve the Dispute; and (iii) third, if the Dispute is still unresolved after ten Business Days following the commencement of the negotiations described in Section 16.21(b)(ii), then any Disputing Party may submit such Dispute to binding arbitration under this Section by written notice to the other Disputing Parties (an "Arbitration Notice") delivered within thirty Business Days thereafter. (iv) At the same time that the Disputing Member sends an Arbitration Notice to the other Disputing Members, it shall also send an Arbitration Notice to the regional office of the CPR Institute covering Houston, Texas. The Arbitration Notice shall contain a brief description of the nature of the dispute and the name of an Arbitrator proposed by the Disputing Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp), Limited Liability Company Agreement (El Paso Energy Partners Lp)

AutoNDA by SimpleDocs

Negotiation to Resolve Disputes. If a Dispute arises, the Disputing Parties shall attempt to resolve such Dispute through the following procedure: (i) first, each of the Disputing Parties shall promptly meet (whether by phone or in person) in a good faith attempt to resolve the Dispute.; (ii) second, if the Dispute is still unresolved after ten (10) Business Days following the commencement of the negotiations described in Section 16.21(b)(i13.15(b)(i), then the chief executive officer (or his designee) of the direct parent an Executive Officer of each Disputing Party Party, on behalf of such Disputing Party, shall meet (whether by phone or in person) in a good faith attempt to resolve the Dispute; and; (iii) third, if the Dispute is still unresolved after ten (10) Business Days following the commencement of the negotiations described in Section 16.21(b)(ii13.15(b)(ii), then the Disputing Parties will submit the Dispute to mediation, which shall be administered by the American Arbitration Association under its Commercial Mediation Rules; and (iv) fourth, if the Dispute is still unresolved after twenty (20) Business Days following the commencement of the mediation described in Section 13.15(b)(iii), then any Disputing Party may submit such Dispute to binding arbitration under this Section by written notice to the other Disputing Parties (an "Arbitration Notice") delivered within thirty (30) Business Days thereafter. (ivv) At the same time that the Disputing Member Party sends an Arbitration Notice to the other Disputing MembersParties, it shall also send an Arbitration Notice to the regional office of the CPR Institute covering HoustonOklahoma City, Texas. The Arbitration Notice shall contain a brief description of Oklahoma (the nature of the dispute and the name of an Arbitrator proposed by the Disputing Member“CPR Institute”).

Appears in 1 contract

Samples: Limited Liability Company Agreement (GMX Resources Inc)

Negotiation to Resolve Disputes. If a Dispute arises, the Disputing Parties shall attempt to resolve such Dispute through the following procedure: (i) first, a designee of each of the Disputing Parties shall promptly meet (whether by phone or in person) in a good faith attempt to resolve the Dispute.; (ii) second, if the Dispute is still unresolved after ten (10) Business Days following the commencement of the negotiations described in Section 16.21(b)(i13.18(a), then the chief executive a senior officer (or his designeethe designee thereof) of the direct parent Parent of each Disputing Party Party, on behalf of such Disputing Party, shall meet (whether by phone or in person) in a good faith attempt to resolve the Dispute; and; (iii) third, if the Dispute is still unresolved after ten (10) Business Days following the commencement of the negotiations described in Section 16.21(b)(ii13.18(b)(ii), then any Disputing Party may submit such Dispute to binding arbitration under this Section 13.18 by written notice to the other Disputing Parties (an "Arbitration Notice") delivered within thirty (30) Business Days thereafter.; and (iv) At at the same time that the Disputing Member Party sends an Arbitration Notice to the other Disputing MembersParties, it shall also send an Arbitration Notice to the regional office of the CPR Institute American Arbitration Association covering Houston, Texas. The Arbitration Notice shall contain a brief description of the nature of the dispute and the name of an Arbitrator proposed by the Disputing Memberdispute.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Negotiation to Resolve Disputes. If a Dispute arises, the Disputing Parties shall attempt to resolve such Dispute through the following procedure: (ia) first, each of the Disputing Parties shall promptly meet (whether by phone or in person) in a good faith attempt to resolve the Dispute.; (iib) second, if the Dispute is still unresolved after ten (10) Business Days following the commencement of the negotiations described in Section 16.21(b)(i10.2(a), then the chief executive officer (or his designee) of the direct parent president of each Disputing Party Party, on behalf of such Disputing Party, shall meet (whether by phone or in person) in a good faith attempt to resolve the Dispute; and; (iiic) third, if the Dispute is still unresolved after ten (10) Business Days following the commencement of the negotiations described in Section 16.21(b)(ii10.2(b), then the disputing Parties will submit the Dispute to mediation which shall be administered by the American Arbitration Association under its Commercial Mediation Rules; and (d) fourth, if the Dispute is still unresolved after twenty (20) Business Days following the commencement of the mediation described in Section 10.2(c), then any Disputing Party may submit such Dispute to binding arbitration under this Section 10 by written notice to the other Disputing Parties (an "Arbitration Notice") delivered within thirty Business Days (30) days thereafter. (iv) . At the same time that the Disputing Member sends an Arbitration Notice to the other Disputing Members, it shall also send an Arbitration Notice to the regional office of the CPR Institute covering HoustonOklahoma City, Texas. The Arbitration Notice shall contain a brief description of Oklahoma (the nature of the dispute and the name of an Arbitrator proposed by the Disputing Member“CPR Institute”).

Appears in 1 contract

Samples: Pipeline Operating Agreement (GMX Resources Inc)

AutoNDA by SimpleDocs

Negotiation to Resolve Disputes. If a Dispute arises, the Disputing Parties shall attempt to resolve such Dispute through the following procedure: (i) first, each of the Disputing Parties shall promptly meet (whether by phone or in person) in a good faith attempt to resolve the Dispute. (ii) second, if the Dispute is still unresolved after ten Business Days following the commencement of the negotiations described in Section 16.21(b)(i), then the chief executive officer (or his designee) of the direct parent of each Disputing Party shall meet (whether by phone or in person) in a good faith attempt to resolve the Dispute; and (iii) third, if the Dispute is still unresolved after ten Business Days following the commencement of the negotiations described in Section 16.21(b)(ii), then any Disputing Party may submit such Dispute to binding arbitration under this Section 16.21 by written notice to the other Disputing Parties (an "Arbitration Notice") delivered within thirty Business Days thereafter. (iv) At the same time that the Disputing Member sends an Arbitration Notice to the other Disputing Members, it shall also send an Arbitration Notice to the regional office of the CPR Institute covering Houston, Texas. The Arbitration Notice shall contain a brief description of the nature of the dispute and the name of an Arbitrator proposed by the Disputing Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!