Common use of Resolution by Negotiation Clause in Contracts

Resolution by Negotiation. The Region and the Operator agree to utilise all reasonable efforts to resolve any dispute, whether arising during the Term or at any time after the expiration or termination of this Agreement, which touches upon the validity, construction, meaning, performance or effect of this Agreement or the rights or liabilities of the parties or any matter arising out of, or in connection with this Agreement, promptly and in a professional and amicable manner by negotiation between the appointed representatives of the parties, or depending upon the nature and extent of the dispute, by good faith negotiations conducted between the senior management of both parties.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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