Common use of Initial Efforts Clause in Contracts

Initial Efforts. The Parties agree to use their best efforts to resolve any controversy or claim arising out of or relating to this Agreement through good faith negotiations for a thirty (30) day period, unless otherwise agreed by the parties.

Appears in 2 contracts

Sources: Supply and Distribution Agreement (Omrix Biopharmaceuticals, Inc.), Supply and Distribution Agreement (Omrix Biopharmaceuticals, Inc.)