Common use of Alternative Dispute Clause in Contracts

Alternative Dispute. Resolution The parties shall attempt to amicably resolve disputes arising between them regarding the validity, construction, enforceability or performance of the terms of this Agreement, and any differences or disputes in the interpretation of the rights, obligations, liabilities and/or remedies hereunder, which have been identified in a written notice from one party to the other, by good faith settlement discussions between their respective representatives. If the parties have failed to satisfactorily resolve the dispute or difference after receipt of such written notice and twenty-eight (28) calendar days having expired without the parties having reached a satisfactory resolution, either party may initiate Alternative Dispute Resolution ("ADR") procedures, during which each party shall have the right to be represented by counsel for resolution of all such disputes.

Alternative Dispute. Resolution The parties shall attempt to amicably resolve disputes arising between them regarding the validity, construction, enforceability or performance of the terms of this Agreement, and any differences or disputes in the interpretation of the rights, obligations, liabilities and/or remedies hereunder, which have been identified in a written notice from one party to the other, by good faith settlement discussions between their respective representatives. If the parties have failed to satisfactorily resolve the dispute or difference after receipt of such written notice and twenty-eight (28) calendar days having expired without the parties having reached a satisfactory resolution, either party may initiate Alternative Dispute Resolution ("ADR") procedures, during which each party shall have the right to be represented by counsel counsel, for resolution of all such disputes.