Common use of Initial Discussions Clause in Contracts

Initial Discussions. Any dispute shall be first discussed by an appropriate senior executive officer of each of the parties or his or her designee. Any party may initiate such discussions by giving the other party written notice specifying in detail the nature of the dispute. Within 15 Business Days after delivery of the notice, the receiving party shall submit to the other a written response, which includes a statement of such party's position and a summary of arguments supporting such position. Within ten Business Days (or such other period as agreed upon by the parties) after receipt of such response, the executives of both parties shall meet at a mutually acceptable time and place, and thereafter as often as they reasonably deem necessary, to attempt to resolve the dispute. All reasonable requests for information made by one party to the other shall be honored.

Appears in 3 contracts

Samples: Distribution Agreement (Enpro Industries Inc), Distribution Agreement (Enpro Industries Inc), Distribution Agreement (Goodrich Corp)

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Initial Discussions. Any dispute shall be first discussed by an appropriate senior executive officer of each of the parties or his or her designee. Any party may initiate such discussions by giving the other party written notice specifying in detail the nature of the dispute. Within 15 Business Days after delivery of the notice, the receiving party shall submit to the other a written response, which includes including a statement of such party's position and a summary of arguments supporting such position. Within ten 10 Business Days (or such other period as agreed upon by the parties) after receipt of such response, the executives of both parties shall meet at a mutually acceptable time and place, and thereafter as often as they reasonably deem necessary, to attempt to resolve the dispute. All reasonable requests for information made by one party to the other shall be honored.

Appears in 3 contracts

Samples: Distribution Agreement (Cavco Industries Inc), Distribution Agreement (Cavco Industries Inc), Distribution Agreement (Centex Development Co Lp)

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Initial Discussions. Any dispute shall be first discussed by an appropriate senior executive officer of each of the parties or his or her designee. Any party may initiate such discussions by giving the other party written notice specifying in detail the nature of the dispute. Within 15 Business Days after delivery of the notice, the receiving party shall submit to the other a written response, which includes including a statement of such party's ’s position and a summary of arguments supporting such position. Within ten 10 Business Days (or such other period as agreed upon by the parties) after receipt of such response, the executives of both parties shall meet at a mutually acceptable time and place, and thereafter as often as they reasonably deem necessary, to attempt to resolve the dispute. All reasonable requests for information made by one party to the other shall be honored.

Appears in 2 contracts

Samples: Distribution Agreement (dELiAs, Inc.), Distribution Agreement (dELiAs, Inc.)

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