Settlement and Resolution Sample Clauses
The Settlement and Resolution clause establishes the procedures and mechanisms for resolving disputes that may arise between the parties under the agreement. Typically, this clause outlines steps such as negotiation, mediation, or arbitration before resorting to litigation, and may specify timelines, forums, or governing rules for these processes. Its core practical function is to provide a clear, structured pathway for addressing conflicts, thereby minimizing uncertainty, reducing potential legal costs, and encouraging amicable solutions.
Settlement and Resolution. NRL and XYZ agree to use reasonable efforts to reach a fair settlement of any dispute. If such efforts are unsuccessful, remaining issues in dispute will be referred to the signatories or their successors for resolution. If a dispute continues, the remaining issues may be submitted to the Chief of Naval Research (CNR), or the CNR designee, for resolution. This Agreement does not prevent any Collaborator from pursuing disputes in a U.S. Federal court of competent jurisdiction. No Collaborator will pursue litigation in a U.S. Federal court until after the Chief of Naval Research, or the CNR designee, decides the dispute, or until sixty (60) days after the dispute was first submitted to the Chief of Naval Research or the CNR designee, whichever comes first.
Settlement and Resolution. NMRC, NUCYCLE and FRAUNHOFER agree to use reasonable efforts to reach a fair settlement of any dispute. If such efforts are unsuccessful, remaining issues in dispute will be referred to the signatories of this Agreement or their successors for resolution. If a dispute continues, the remaining issues may be submitted to the Chief of Naval Research (CNR), or the CNR designee, for resolution. This Agreement does not prevent any Collaborator from pursuing disputes in a U.S. Federal court of competent jurisdiction. No Collaborator will pursue litigation in a U.S. Federal court until after the CNR, or the CNR designee, decides the dispute, or until sixty (60) days after the dispute was first submitted to the CNR, or the CNR designee, whichever comes first.
Settlement and Resolution. [Navy Collaborator] and each Non-Navy Collaborator agree to use reasonable efforts to reach a fair settlement of any dispute. If such efforts are unsuccessful, remaining issues in dispute will be referred to the signatories of this Agreement or their successors for resolution. If a dispute continues, the remaining issues may be submitted to the Chief of Naval Research (CNR), or the CNR designee, for resolution. This Agreement does not prevent any Collaborator from pursuing disputes in a U.S. Federal court of competent jurisdiction. No Collaborator will pursue litigation in a U.S. Federal court until after the CNR, or the CNR designee, decides the dispute, or until sixty (60) days after the dispute was first submitted to the CNR, or the CNR designee, whichever comes first.
Settlement and Resolution. NMRC and BIOPURE agree to use reasonable efforts to reach a fair settlement of any dispute through their respective Principal Investigators. If a dispute continues, the remaining issues may be submitted to the Chief of Naval Research (CNR), or the CNR designee and the CEO of BIOPURE, for resolution within 14 days. NMRC and BIOPURE agree to consult an independent outside organization/institution identified jointly within six weeks of signing this Agreement to be used in the event of the occurrence of a dispute that cannot be resolved between NMRC and BIOPURE without outside assistance. This outside entity will be instructed to and will mediate settlement/ resolution of any dispute within 45 days. This Agreement does not prevent any Collaborator from pursuing disputes in a U.S. Federal court of competent jurisdiction. No Collaborator will pursue litigation in a U.S. Federal court until after the mediator settles the dispute, or until sixty (60) days after the dispute was first submitted to the mediator, whichever comes first.