Common use of Executive Negotiation Clause in Contracts

Executive Negotiation. Promptly upon a Party’s receipt of a notice by the other Party as provided in Section 17.1 with respect to a Dispute, and in any event within thirty (30) days of such receipt, the senior executives of each Party shall meet for attempted resolution of such Dispute by good faith negotiations.

Appears in 1 contract

Sources: License Agreement (Discovery Laboratories Inc /De/)

Executive Negotiation. Promptly upon a Party’s receipt of a notice by the other Party as provided in Section 17.1 16.1 with respect to a Dispute, and in any event within thirty (30) days of such receipt, the senior executives of each Party shall meet for attempted resolution of such Dispute by good faith negotiations.

Appears in 1 contract

Sources: License Agreement (Discovery Laboratories Inc /De/)