Settlement Attempt Sample Clauses

Settlement Attempt. If a wage discrepancy is claimed to exist, the representative of the Union shall first attempt to settle it with the representative designated by the Employer.
Sample 1Sample 2Sample 3See All (42)
AutoNDA by SimpleDocs
Settlement Attempt. The Parties agree that, except as provided in Section 2.11, any claim or dispute between them arising out of or in connection with this Agreement or any alleged breach of this Agreement (a "Claim") shall be submitted promptly to an executive of Seller and Buyer who shall have authority to settle the Claim, and who shall meet in Chicago, Illinois, within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the Parties may consult with a neutral third party mediator if both agree in writing. Unless the Parties agree to the contrary in writing, any advice or decision
Sample 1
Settlement Attempt. The parties agree that, except as provided in Section 19.23, any claim or dispute between them arising out of or in connection with this Agreement or any alleged breach of this Agreement shall be submitted promptly to a senior executive of the US Vendor or the Vendors' Guarantor and a senior executive of the US Purchaser who shall have authority to settle the claim, and who shall meet in New York, New York, within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the parties may consult with a neutral third party mediator if both agree in writing. Unless the parties agree to the contrary in writing, any advice or decision of the mediator shall not be binding. Subject to Section 19.23, any Claim which is not settled by the parties within sixty (60) days of notice thereof first being given by either party to the other may be pursued by a party in any court in accordance with Section 19.19.
Sample 1
Settlement Attempt. Any claim or dispute arising in connection with this Agreement (a "Claim") shall be submitted promptly to the parties' chief operating officers, whose designees shall meet within thirty (30) days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, they may consult with a neutral third party mediator if both agree in writing.
Sample 1
Settlement Attempt. Each of the Distributor and the Corporation agrees that any claim or dispute between the parties hereto arising out of or in connection with this Agreement or any alleged breach hereof (a "Claim") shall be submitted promptly to an executive of each of the Distributor and the Corporation who shall have authority to settle the Claim, and who shall meet in Orlando, Florida within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the Distributor and the Corporation agree to the contrary in writing, any advice or decision of the mediator shall not be binding.
Sample 1
Settlement Attempt. The Parties agree that, except as provided in Section 2.10, any claim or dispute between them arising out of or in connection with this Agreement or any alleged breach of this Agreement (a "Claim") shall be submitted promptly to an executive of Seller and Buyer who shall have authority to settle the Claim, and who shall meet in Boston, Massachusetts, within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the Parties may consult with a neutral third party mediator if both agree in writing. Unless the Parties agree to the contrary in writing, any advice or decision of the mediator shall not be binding. 11.2
Sample 1

Related to Settlement Attempt

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Settlement Statement A settlement statement setting forth the amounts paid by or on behalf of and/or credited to each of Purchaser and Seller pursuant to this Agreement;

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).

  • Settlement Funds The Servicer shall be named as a payee on all insurance loss drafts and upon receipt thereof, the funds shall be credited to the Borrower's Insurance Proceeds balance and deposited into (a) where such funds will be applied to the repair and restoration of the related Mortgaged Property and where required by applicable state law, one or more separate escrow accounts, so that the balance on deposit in such accounts is fully insured at all times by the FDIC through either the BIF or SAIF or (b) where such funds will not be applied to the repair and restoration of the related Mortgaged Property, the respective Custodial P&I Account.

  • Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:

  • Settlement With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

  • Settlement of Dispute Any disputes under the Agreement shall be settled at first through friendly consultation between the parties hereto. In case no settlement can be reached through consultation, each party shall have the right to submit such disputes to China International Economic and Trade Arbitration Commission in Beijing. The Place of arbitration is Beijing. The arbitration award shall be final and binding on both parties.

Time is Money Join Law Insider Premium to draft better contracts faster.