Common use of Alternative Dispute Resolution Process Clause in Contracts

Alternative Dispute Resolution Process. To the fullest extent permitted by applicable law, any dispute or controversy arising out of or relating to this Agreement, or any breach thereof, shall be referred to one or more designated representatives of each party in dispute for resolution on an informal basis as promptly as practicable. In the event the designated representatives are unable to resolve the dispute within thirty (30) days or such other period as the affected parties may agree upon, the alternative dispute resolution process set forth herein shall terminate.

Appears in 3 contracts

Samples: Stockholders’ Agreement (Translink Management Development Corp), Subscription Agreement (Translink Management Development Corp), Formation Agreement (Translink Management Development Corp)

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Alternative Dispute Resolution Process. To the fullest extent permitted by applicable law, any dispute or controversy arising out of or relating to this Agreement, or any breach thereof, shall be referred to one or more designated representatives of each party in dispute for resolution on an informal basis as promptly as practicable. In the event the designated representatives are unable to resolve the dispute within thirty (30) days or such other period as the affected parties may agree upon, the dispute that is the subject of the alternative dispute resolution process may be referred to arbitration, or other alternative processes as mutually agreed to by the parties, and if no satisfactory resolution is reached, the processes set forth herein shall terminate.

Appears in 1 contract

Samples: Asset Contribution Agreement (Translink Management Development Corp)

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Alternative Dispute Resolution Process. To the fullest extent permitted by applicable law, any dispute or controversy arising out of or relating to this Agreement, or any breach thereof, shall be referred to one or more designated representatives of each party in dispute for resolution on an informal basis as promptly as practicable. In the event the designated representatives are unable to resolve the dispute within thirty (30) days or such other 37 period as the affected parties may agree upon, the alternative dispute resolution process set forth herein shall terminate.. [Signatures appear on the following pages]

Appears in 1 contract

Samples: Limited Liability Company Agreement (Translink Management Development Corp)

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