Common use of Initial Procedures Clause in Contracts

Initial Procedures. The parties shall make all reasonable efforts to resolve all disputes without resorting to litigation. If a dispute arises between the parties, ▇▇▇ ▇▇▇▇▇▇, on behalf of TRX, and ▇▇▇▇ ▇▇▇▇▇▇, on behalf of WT (each, an “Operational Representative”) will attempt to reach an amicable resolution. If either Operational Representative determines that an amicable resolution cannot be reached, such Operational Representative shall submit such dispute in writing to ▇▇▇▇▇ ▇▇▇▇▇, on behalf of TRX and ▇▇▇▇ ▇▇▇▇▇▇▇, on behalf of WT (each, a “Management Representative”), who shall use their best efforts to resolve the matter or to negotiate an appropriate modification or amendment to this Agreement, if necessary. The Operational Representatives and the Management Representatives are named by each party and may be changed upon written notification to the other party.