Settlement By Mutual Agreement Sample Clauses

Settlement By Mutual Agreement. Nothing contained in this Article shall prevent the parties from settling any Agreement Dispute by mutual agreement at any time.
AutoNDA by SimpleDocs
Settlement By Mutual Agreement. Company and Contractor desire that this Contract operate between them fairly and reasonably. If during the term of this Contract a dispute arises between Company and Contractor, or one Party perceives the other as acting unfairly or unreasonably, or a question of interpretation arises hereunder, then the Parties shall cause the Company’s Representative and Contractor’s Representative to promptly confer and exert their good faith efforts to reach a reasonable and equitable resolution of the issue. If Company’s Representative and Contractor’s Representative are unable to resolve the issue within fourteen (14) Days (within five (5) Days if a payment dispute), the matter shall be referred within two (2) Days of the lapse of such period to the Parties’ responsible officers for resolution. Neither Party shall seek resolution by mediation or arbitration of any dispute arising in connection with this Contract until both Parties’ responsible officers, who shall be identified by each Party from time-to-time, have had at least fourteen (14) Days (seven (7) Days if a payment dispute) to resolve the dispute following referral of the dispute to such responsible officers. If the Parties fail to settle such dispute within such period (including a failure to identify their respective responsible officers and make necessary referrals within such period), the provisions of Section 14.2 shall apply unless the Parties agree that the dispute is to be resolved according to the provisions of Section 14.3.
Settlement By Mutual Agreement. In the event any dispute, controversy or claim between or among the Parties arises under this Lease or is related in any way to this Lease or the relationship of the Parties hereunder (a “Dispute or Controversy”), including a Dispute or Controversy relating to the effectiveness, validity, interpretation, implementation, termination, cancellation or enforcement of this Lease, the Parties shall first attempt in good faith to settle and resolve such Dispute or Controversy by mutual agreement in accordance with the terms of this Section 11.5. 1. In the event a Dispute or Controversy arises, either Party shall have the right to notify the other Party that it has elected to implement the procedures set forth in this Section 11.5.1. Within fifteen (15) calendar days after delivery of any such Notice by one Party to the other Party regarding a Dispute or Controversy, Landlord Representative and the Tenant Representative shall meet at a mutually agreed time and place to attempt, with diligence and in good faith, to resolve and settle the Dispute or Controversy. If a mutual resolution and settlement are not obtained at the meeting of Landlord Representative and the Tenant Representative, they shall cooperate in a commercially reasonable manner to determine if techniques such as mediation or other techniques of alternate dispute resolution might be useful. If a technique is agreed upon, a specific timetable and completion date for implementation shall also be agreed upon. If such technique, timetable or completion date is not agreed upon within thirty (30) calendar days after the Notice of the Dispute or Controversy was delivered, or if no resolution is obtained through such alternative technique, or if no such meeting takes place within the fifteen (15)-calendar day period, then either Party may by notice to the other Party submit the Dispute or Controversy to mediation in accordance with the provisions of Section 11.5. 2. Upon the receipt of notice of referral to mediation hereunder, the receiving Party shall be compelled to mediate the Dispute or Controversy in accordance with the terms of Section 11.5.2 without regard to the justiciable character or executory nature of such Dispute or Controversy.
Settlement By Mutual Agreement. In the event any dispute, controversy or claim between the Parties arises under this Lease Agreement or any right, duty or obligation arising here from or the relationship of the Parties hereunder (a "Dispute or Controversy"), including, but not limited to, a Dispute or Controversy relating to the effectiveness, validity, interpretation, implementation, termination, cancellation or enforcement of this Lease Agreement, the Parties shall first attempt in good faith to, settle and resolve such Dispute or Controversy by mutual agreement in accordance with the terms of this Article. In the event a Dispute or Controversy arises, either Party shall have the right to notify the other that it has elected to implement the procedures set forth in this Article. Within fifteen (15) days after delivery of any such notice by one Party to the other regarding a Dispute or Controversy, the Landlord Representative and Tenant Representative shall meet at a mutually agreed time and place to attempt, with diligence and good faith, to resolve and settle such Dispute or Controversy. Should a mutual resolution and settlement not be obtained at the meeting of the Landlord Representative and Tenant Representative for such purpose or should no such meeting take place within such fifteen (15) day period, then either Party may by notice the other Party submit the Dispute or Controversy to mediation in accordance with the provisions of this Article.
Settlement By Mutual Agreement. In the event (i) a dispute or controversy arises between the Members relating to the effectiveness, validity, interpretation, implementation, termination, cancellation or enforcement of this Agreement or (ii) the Management Committee does not, within a reasonable time, achieve a Simple Majority decision regarding any matter requiring a Simple Majority decision presented to it for consideration (either (i) or (ii) being a "Dispute or Controversy"), the Dispute or Controversy shall first be presented to the Management Committee for resolution at a special meeting of the Management Committee called for such purpose. Should a mutual resolution and settlement not be obtained at the special meeting of the Management Committee for such purpose or should no such meeting take place within fifteen (15) days following notice from either Member to the Chairman requesting a special meeting of the Management Committee for the purpose of resolving such Dispute or Controversy, then either Member may by notice to the other Member refer the Dispute or Controversy to senior management of the Members for resolution. Within fifteen (15) days after delivery of any such notice by one Member to the other referring such Dispute or Controversy to senior management of the Members for resolution, representatives of senior management of each of the Members shall meet at a mutually agreed upon time and place to attempt, with diligence and good faith, to resolve and settle such Dispute or Controversy. Should mutual resolution and settlement not be obtained at the meeting of representatives of senior management of each of the Members for such purposes or should no such meeting take place within such fifteen (15) day period (unless extended by mutual agreement), then either Member may by notice to the other Member submit the Dispute or Controversy to binding arbitration in accordance with the provisions of Section 20.2
Settlement By Mutual Agreement. In the event of any dispute, controversy or claim between or among the Parties arising under or relating in any way to this Agreement or the Parties’ dealings relating hereto, including without limitation, any dispute, controversy or claim relating to the negotiations, execution, delivery, effectiveness, validity, interpretation, implementation, termination, cancellation or enforcement of this Agreement or any portion hereof, including this Article XXI (a "Dispute or Controversy"), the Parties shall first attempt in good faith to settle and resolve such Dispute or Controversy by mutual agreement in accordance with Section 21.1.1(b).
Settlement By Mutual Agreement. In the event any dispute, controversy or
AutoNDA by SimpleDocs
Settlement By Mutual Agreement. (a) In the event any dispute, controversy or claim between or among Operator and Owner arises under, or is connected with or related in any way to, this Agreement or any right, duty or obligation arising hereunder (a “Dispute”), including a Dispute relating to the effectiveness, validity, interpretation, implementation, termination, cancellation or enforcement of this Agreement, the Parties shall first attempt in good faith to settle and resolve such Dispute by mutual agreement in accordance with the terms of this Section 12. 1. In the event a Dispute arises, either Party may notify the other Party that it has elected to implement the procedures set forth in this Section 12.1 and shall deliver a written notice to that effect, signed by Plant Manager or Owner’s Management Representative, as the case may be, to the designated executive officers of the other Party. Within fifteen (15) Days after delivery of any such notice to the other Party, representatives of senior management of each of the Parties shall meet at a mutually agreed upon time and place to attempt, with diligence and good faith, to resolve and settle such Dispute. (b) Should mutual resolution and settlement not be achieved at the meeting of representatives of senior management of each of the Parties held for such purposes as contemplated in Section 12.1(a), or should no such meeting take place within the fifteen (15)-Day period as contemplated in Section 12.1(a), as such period may be extended by mutual agreement, either Party may by notice to the other Party, submit the Dispute to binding arbitration in accordance with the provisions of Section 12.2
Settlement By Mutual Agreement. In the event any dispute, controversy or claim between or among the Parties arises under this Agreement or any right, duty or obligation arising therefrom or the relationship of the Parties thereunder (a “Dispute or Controversy”), including a Dispute or Controversy relating to the (a) effectiveness, validity, interpretation, implementation, termination, cancellation or enforcement of this Agreement or
Settlement By Mutual Agreement. In the event of a Dispute or Controversy, including a Dispute or Controversy relating to the effectiveness, validity, interpretation, implementation, termination, cancellation or enforcement of this Lease, the Parties shall first attempt in good faith to settle and resolve such Dispute or Controversy by mutual agreement in accordance with the terms of this Section 11.5.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!