Attempts to Settle Clause Samples
The "Attempts to Settle" clause establishes a requirement for the parties to make genuine efforts to resolve disputes amicably before pursuing formal legal action. Typically, this involves a process where the parties must engage in good faith negotiations, such as meeting or exchanging written communications, to try to reach a mutually acceptable solution. By mandating these preliminary settlement efforts, the clause aims to reduce unnecessary litigation, save costs, and encourage cooperative problem-solving between the parties.
Attempts to Settle. In the event that a Dispute between the Parties arises under, out of or in relation to, this Agreement, the Parties shall attempt in good faith to settle such Dispute by mutual discussions within fifteen Business Days after the date that an aggrieved Party gives written notice of the Dispute to the other Party. In the event that a Dispute is not resolved by discussion in accordance with the preceding sentence within the time period set forth therein, the Parties shall refer the Dispute to their respective senior officers for further consideration and attempted resolution within fifteen Business Days after the Dispute has been referred to such individuals (or such longer period as the Parties may agree).
Attempts to Settle. No person who has been involved in an attempt to settle the grievance prior to it going to arbitration shall be a member of the Board of Arbitration.