Common use of Resolution by Chief Executives Clause in Contracts

Resolution by Chief Executives. 14.3.1. A dispute not resolved in terms of clause 14.2.3 may be referred by either Party to the Chief Executive, or such other senior executive, of the Parties who shall attempt to resolve the matter within 5 Business Days of the dispute being so referred to them. If no resolution can be achieved within that period, the dispute or difference must be settled by way of arbitration as provided for below.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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