Common use of Difference Clause in Contracts

Difference. All matters, questions, disputes, differences or claims arising between the Parties as to the effect, interpretation or application of this Agreement or as to their rights, duties or liabilities hereunder, or as to any act, matter or thing arising out of consequent to, or in connection with this Agreement (hereinafter called the Difference’) will be resolved amicably through negotiations. Such negotiations will commence within a period of seven (7) working days of the issue of notice in writing by either party calling for the same (hereinafter called ‘the Notice’).