First Attempt Sample Clauses
The "First Attempt" clause establishes that a party must initially try a specified method or process before pursuing alternative actions or remedies. In practice, this often means that before escalating a dispute to litigation or arbitration, the parties are required to attempt negotiation or mediation as a first step. This clause ensures that parties make a genuine effort to resolve issues amicably and efficiently, potentially saving time and costs by avoiding unnecessary formal proceedings.
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First Attempt. In the event that a dispute arises hereunder between the parties, the parties shall attempt in good faith to settle such dispute by mutual discussions within 30 days after the date that a party gives written notice of the dispute to the other party; provided, however, that if the dispute involves any amount claimed under an invoice and after 10 days of mutual discussion either party believes in good faith that further discussion will not resolve the dispute to its satisfaction, such party may immediately refer the matter to arbitration in accordance with Section 2 of this Article XVIII.