Dispute definition
Examples of Dispute in a sentence
If a Dispute has not been resolved by the Dispute Representatives within 10 Business Days of the date of referral of the Dispute to the Dispute Representatives or such longer period of time as agreed, then a Party may, by notice in writing to the other Party (an “Arbitration Notice”), submit the Dispute to arbitration for determination in accordance with the remaining provisions of this Section 11.3(b).
Subject to Section 2.3 (with respect to a Consideration Dispute), the Parties irrevocably agree that the courts of the Province of Ontario are to have non-exclusive jurisdiction to settle any disputes which may arise out of or in connection with this Agreement and that, accordingly, any suit, action or proceedings arising out of or in connection with this Agreement (referred to in this Section as the “Proceedings”) may be brought in such courts.
If the Dispute is not resolved within 10 Business Days after a Dispute Notice is given to the other Party, then each Party must nominate one representative from its senior management to resolve the Dispute (each, a “Dispute Representative”), who must negotiate using their respective commercially reasonable efforts to attain a resolution of the Dispute.
In the event of any Dispute between the Parties, a Party may give to the other Party a notice (a “Dispute Notice”) specifying the Dispute and requiring its resolution under this Section 11.3(b).