Common use of Reasonable Commercial Efforts to Settle Disputes Clause in Contracts

Reasonable Commercial Efforts to Settle Disputes. If any controversy, dispute, claim, question or difference (a “Dispute”) arises with respect to this Agreement or its performance, enforcement, breach, termination or validity, the Parties to the Dispute will use all commercially reasonable efforts to settle the Dispute. To this end, they will consult and negotiate with each other in good faith and understanding of their mutual interests to reach a just and equitable solution satisfactory to all such Parties.

Appears in 5 contracts

Samples: Asset Purchase and Joint Venture Agreement (Privacy & Value Inc.), Asset Purchase and Joint Venture Agreement (Cyber Apps World), Asset Purchase Agreement (Graph Blockchain Inc)

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Reasonable Commercial Efforts to Settle Disputes. If any controversy, dispute, claim, question or difference (a "Dispute") arises with respect to this Agreement or its performance, enforcement, breach, termination or validity, the Parties to the Dispute will use all commercially reasonable efforts to settle the Dispute. To this end, they will consult and negotiate with each other in good faith and understanding of their mutual interests to reach a just and equitable solution satisfactory to all such Parties.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Enertopia Corp.), Asset Purchase Agreement (Enertopia Corp.), Asset Purchase Agreement (Enertopia Corp.)

Reasonable Commercial Efforts to Settle Disputes. If any controversy, dispute, claim, question or difference (a “Dispute”) arises with respect to this Agreement or its performance, enforcement, breach, termination or validity, the Parties to the Dispute will shall use all commercially reasonable commercial efforts to settle the Dispute. To this end, they will shall consult and negotiate with each other in good faith and understanding of their mutual interests to reach a just and equitable solution satisfactory to all such Parties.

Appears in 2 contracts

Samples: Asset Purchase Agreement (CIBT Education Group Inc.), Purchase Agreement (CIBT Education Group Inc.)

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Reasonable Commercial Efforts to Settle Disputes. If any controversy, dispute, claim, question or difference (a “Dispute”) arises with respect to this Agreement or its performance, enforcement, breach, termination or validity, the Parties to the Dispute will use all commercially reasonable efforts parties shall first attempt to settle the Dispute. To this end, they will shall consult and negotiate with each other in good faith and to obtain an understanding of their mutual interests and to attempt to reach a just and equitable solution satisfactory to all such Partiesparties.

Appears in 1 contract

Samples: Asset Purchase Agreement (NUCRYST Pharmaceuticals Corp.)

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