Common use of Mediation Notice Clause in Contracts

Mediation Notice. a) An Authorized Party will initiate mediation in writing by sending to the other Authorized Party a Mediation Notice which shall include: (i) the subject of the dispute; (ii) the issue or issues requiring resolution; (iii) a summary of the facts; and (iv) the name(s) of its representative(s). b) Within thirty (30) days of the receipt of a Mediation Notice, the receiving Authorized Party shall identify in writing to the other Authorized Party the name(s) of its representative(s). c) If both Authorized Parties initiate mediation jointly, the Authorized Parties will confirm in writing the initiation of mediation, including: (i) the subject of the dispute; (ii) the issue or issues requiring resolution; (iii) a summary of the facts; and (iv) the name(s) of their respective representative(s). This written confirmation (herein “Written Confirmation of Mediation”) will be deemed to be a Mediation Notice.

Appears in 2 contracts

Sources: Agreement Concerning a New Relationship, Agreement Concerning a New Relationship