Common use of Notice of Arbitration Clause in Contracts

Notice of Arbitration. In the event of any dispute, claim, question, or disagreement arising out of or relating to this enrollment agreement/catalog or any other school matter, the parties shall use their best efforts to settle such disputes, claims, questions, or disagreement as benefits Christians. To this effect, they shall consult and negotiate with each other in good faith and, recognizing their mutual interests not to disgrace the name of Xxxxxx, seek to reach a just and equitable solution. If they do not reach such solution within a period of sixty (60) days, then upon notice by either party to the other, disputes, claims, questions, or differences shall be finally settled by arbitration as described in Section 1 above, and such Arbitration Procedures as are adopted pursuant to Section 3 below.

Notice of Arbitration. In the event of any dispute, claim, question, or disagreement arising out of or relating to this enrollment agreement/catalog school handbook or any other school matter, the parties shall use their best efforts to settle such disputes, claims, questions, or disagreement as benefits befits Christians. To this effect, they shall consult and negotiate with each other in good faith and, recognizing their mutual interests not to disgrace the name of Xxxxxx, seek to reach a just and equitable solution. If they do not reach such solution within a period of sixty (60) days, then upon notice by either party to the other, disputes, claims, questions, or differences shall be finally settled by arbitration as described in Section 1 section 1, above, and such Procedures for Arbitration Procedures as are adopted pursuant to Section 3 3, below.