Common use of Negotiations to Resolve Disputes Clause in Contracts

Negotiations to Resolve Disputes. The Parties shall endeavor to resolve any Dispute in a prompt and equitable manner. In the event a Dispute arises which the Parties are unable to resolve, the Parties shall, prior to the initiation of any claim or cause of action, each appoint an officer or representative that has settlement authority to meet (in person or by teleconference) in an effort to resolve the Dispute equitably, in good faith and as quickly as reasonably possible. No settlement shall be binding until reduced to writing and signed by the Parties. The responsibility of these representatives shall be to resolve the Dispute or propose a method of resolving the Dispute, if possible. If the Dispute is not settled or resolved by the earlier of (a) sixty (60) days following the first meeting of the representatives or (b) at such time as the representatives unanimously agree that a resolution of the Dispute pursuant to this Section 9.02 is not possible, then the Parties are free to proceed as set forth in Section 9.03.

Appears in 3 contracts

Samples: Contribution Agreement (Consolidated Edison Inc), Contribution Agreement (Crestwood Midstream Partners LP), Contribution Agreement

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Negotiations to Resolve Disputes. The Parties shall endeavor to resolve any Dispute in a prompt and equitable manner. In the event a Dispute arises which the Parties are unable to resolve, the Parties shall, prior to the initiation of any claim or cause of action, each appoint an officer or a representative that has settlement authority to meet (in person or by teleconference) in an effort to resolve the Dispute equitably, in good faith faith, and as quickly as reasonably possible. No settlement shall be binding until reduced to writing and signed by the Parties. The responsibility of these representatives shall be to resolve the Dispute or propose a method of resolving the Dispute, if possible. If the Dispute is not settled or resolved by the earlier of (a) sixty (60) days following the first meeting of the representatives or (b) at such time as the representatives unanimously agree that a resolution of the Dispute pursuant to this Section 9.02 is not possible, then the Parties are free to proceed as set forth exercise whatever rights they may have at law or in Section 9.03equity to resolve the dispute.

Appears in 2 contracts

Samples: Interconnection Agreement, Interconnection Agreement

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Negotiations to Resolve Disputes. The Parties Partners shall endeavor to resolve any Dispute in a prompt and equitable manner. In the event a Dispute arises which the Parties Partners are unable to resolve, the Parties Partners shall, prior to the initiation of any claim or cause of action, each appoint an officer or representative that has settlement authority to meet (in person or by teleconferencetelephone conference) in an effort to resolve the Dispute equitably, in good faith and as quickly as reasonably possible. No settlement shall be binding until reduced to writing and signed by the PartiesPartners. The responsibility of these representatives shall be to resolve the Dispute matter or propose a method of resolving the Disputematter, if possible. If the Dispute is not settled or resolved by the earlier of (a) sixty (60) days following the first meeting of the representatives or and (b) at such time as the representatives unanimously agree that a resolution of the Dispute pursuant to this Section 9.02 is not possible, then the Parties are free to Partners may proceed as set forth in Section 9.0312.03 hereof.

Appears in 1 contract

Samples: Columbia Energy Group

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