Amicable Solution Clause Samples
The Amicable Solution clause establishes a process for parties to resolve disputes through negotiation or mutual agreement before pursuing formal legal action. Typically, this clause requires the parties to engage in good faith discussions, often within a specified timeframe, to attempt to settle disagreements arising from the contract. Its core practical function is to encourage efficient, cost-effective resolution of conflicts and to preserve business relationships by avoiding immediate escalation to litigation or arbitration.
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Amicable Solution. Notwithstanding Provision 22.1, and prior to referring the dispute to the EBA, without prejudice to the right granted to the Parties by Article 14(5) of the Directive to refer this dispute to the EBA:
a. In the event of any dispute between the Parties hereto arising from or relating to The Agreement, then upon a written request from either Party, each of the Parties shall enter into negotiations in order to seek an amicable solution to the dispute;
b. If the Parties are not able to resolve the dispute within a reasonable period (in any case not exceeding thirty (30) calendar days from the date of receipt of the written request for amicable solution, then the dispute may be referred by either Party (or both) to the EBA according to Provision 22.1;
c. This period is reduced to two (2) days if the dispute arises in the course of a Payout Process between the Parties and risks delaying the Payout Process.
Amicable Solution. In the event any and all controversies, disputes or questions of any nature arises out of or in connects with this Agreement including its existence, validity, enforceability, performance, interpretation, compliance, breach, termination or otherwise, arise between the Parties, as well as its successors at any title (“Dispute”), the Parties will endeavor its best efforts to resolve any dispute in an amicable way, by negotiations, in good faith, within a period of thirty (30) days counted from the date a written notice sent from one Party is received by the other. In case the Parties fail to reach an agreement within the deadline prescribed above the Dispute shall be resolved by arbitration under the terms of this Section 29.
Amicable Solution. The Parties, each represented by its lead representative, shall make every effort in good faith o reach an amicable solution in respect of any differences between them. Failing an agreed amicable solution, failing to resolve the Dispute within thirty (30) days of such notice, shall entitle a Party to refer the Dispute to arbitration in accordance with Clause 23.
Amicable Solution. The Parties agree that, before starting an arbitration to resolve any Dispute, they shall attempt to negotiate an amicable settlement agreement for said Dispute, within a period not exceeding twenty (20) Business Days counted as from the receipt by a Party of notice on the existence of the Dispute, sent by the other Party.
Amicable Solution. Notwithstanding Provision 22.1, and prior to referring the dispute to the EBA, without prejudice to the right granted to the Parties by Article 14(5) of the Directive to refer this dispute to the EBA: In the event of any dispute between the Parties hereto arising from or relating to The Agreement, then upon a written request from either Party, each of the Parties shall enter into negotiations in order to seek an amicable solution to the dispute;
Amicable Solution. In the event of any difficulty in interpreting or executing this Agreement, or, else, any dispute related to or as consequence of the breach of this Agreement, the Parties, prior to the submission of litigation as provided below, shall make their best efforts to amicably solve the issue within thirty (30) days.
Amicable Solution. In the event of any dispute arising between Parties in relation to any matter directly governed by this Agreement, the concerned Parties shall seek to resolve such dispute as follows: The Parties will strive to resolve the issue amicably; If the Parties fail to resolve the dispute within sixty (60) calendar days, the matter shall be submitted to the ENTSO-E System Operations Committee for guidance within three months. If, following submission of the case for guidance to the ENTSO- E System Operations Committee, the Parties are still unable to resolve the dispute, they shall proceed in accordance with Article 15.2.
Amicable Solution. Unless otherwise provided in this Agreement, with respect to all disputes arising out of or in connection with this Agreement (including, inter alia, its validity, interpretation, performance, termination and/or enforcement), the Parties shall negotiate in good faith to attempt to amicably resolve the dispute for a period of [***] Business Days from the receipt of written notice from any of the Parties involved (the “Amicable Period”). During the Amicable Period, the authorised
Amicable Solution. The Parties shall meet to analyze, discuss and, if possible, amicably resolve (both as to the amount due and the time of payment) any Asserted Liability.
Amicable Solution. (a) Save where expressly stated otherwise in this Agreement, any dispute, difference or controversy of whatever nature howsoever arising under, out of or in relation to the Agreement including incompletion of the Services/ TOR /Payment between the Parties and so notified in writing by either Party to the other (the "Dispute") in the first instance shall be attempted to be resolved amicably by GMDC and Consultant in accordance with the procedure set forth in sub-article (b) below.
(b) Either Party may require the Dispute to be referred to the Managing Director, GMDC, for the time being for amicable settlement. Upon such reference, the two shall meet at the earliest mutual convenience and in any event within 15 days of such reference to discuss and attempt to amicably resolve the Dispute. If the Dispute is not amicably settled within 15 (fifteen) days of such meeting between the two, either Party may refer the Dispute to an independent Dispute Review Expert (also referred to as adjudicator) who may be a impartial person of experienced in legal / dispute matters and both parties mutually select Dispute Review Expert.
(c) Dispute Review Expert shall give a decision in writing within 28 days of receipt of Notification of the Dispute. Reimbursable expense pertaining to Dispute Review Expert shall be divided equally between GMDC and the Consultant. Either Party may refer a decision of the Dispute Review Expert to the Arbitrators within 28 days of Dispute Review Experts written Decision as per the agreement. If neither party refers the dispute to the Arbitration within the next 28 days, the decision of Dispute Review Expert will be final and binding.