Method of Resolution Sample Clauses

The 'Method of Resolution' clause defines the process by which disputes or disagreements arising under the contract will be addressed and settled. Typically, this clause specifies whether parties must use negotiation, mediation, arbitration, or litigation, and may outline the steps, timelines, or forums for resolving issues. By establishing a clear procedure for handling conflicts, this clause helps prevent uncertainty and ensures that both parties know how disputes will be managed, thereby reducing the risk of prolonged or costly disagreements.
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Method of Resolution. Unless otherwise provided by laws or these Articles of Incorporation, a resolution of the General Meeting of Shareholders shall be adopted by the vote of shareholders representing a majority of shares entitled to vote and present at the meeting.
Method of Resolution. Both parties have a statutory right under the Construction Contracts Act 2013 to refer a dispute relating to payment (a Payment Dispute) to adjudication at any time. Other disputes must be resolved in accordance with Sub-Clauses (c) to (f) below. The parties may agree to try to resolve Payment Disputes in accordance with Sub-Clauses (c) to (f) below instead of by reference to adjudication without affecting their statutory right to refer Payment Disputes to adjudication at any time3.
Method of Resolution. Merchant will cooperate fully to resolve any Cardholder dispute or actual or potential processing error. ▇▇▇▇▇▇▇▇ will promptly resolve Cardholder disputes relating to Merchant’s goods or services directly with the complaining Cardholder, and at all times will comply with all applicable laws and Operating Rules in relation thereto.
Method of Resolution. Except for the matters provided for in the preceding Article 13 and except as otherwise provided for in the laws or government laws and regulations, any resolutions of a general meeting of shareholders shall be adopted by a majority vote at a meeting at which shareholders holding shares representing of more than one half of the total number of the issued shares are present.
Method of Resolution. The parties shall attempt to resolve any and all disputes amicably and in good faith without resort to formal process (as described below) by discussions escalating within their respective management organizations. In the event the same has not been resolved between the parties’ management amicably within thirty (30) days, any party shall have the right to demand the same be resolved by mediation under the International Chamber of Commerce alternative dispute resolution rules, i.e., the ICC ADR Rules. Any such mediation will be treated as a settlement discussion and therefore will be confidential. The mediator may not testify for either party in any later proceeding relating to the dispute. If neither party demands mediation, or if mediation fails to resolve the dispute within thirty (30) days of its commencement, any and all disputes shall be resolved by binding arbitration under the Rules of Arbitration of the International Chamber of Commerce by an impartial neutral arbitrator acceptable to the parties to such Claim. Such party shall in such notice and demand specify the nature and scope of the dispute. If the parties are unable to agree on an arbitrator within thirty days after delivery and receipt of notice and demand for arbitration, a neutral and impartial arbitrator shall be selected and appointed by the International Chamber of Commerce in accordance with its rules. All aspects of the arbitration shall be treated as confidential. Neither the parties nor the arbitrators may disclose the existence, content or results of the arbitration, except as necessary to comply with legal or regulatory requirements. Before making any such disclosure, a party shall give written notice to all other parties and shall afford such parties a reasonable opportunity to protect their interests. The proceedings shall be in English, and either party may require that a transcript be kept of the proceedings. Arbitration proceedings shall be conducted at a location mutually agreeable to the parties, and if the parties fail to agree within thirty days after the giving and receipt of notice and demand for arbitration, the International Chamber of Commerce shall determine the city. The parties agree to make every reasonable effort to: expedite and conclude such proceedings as quickly as is reasonably possible, conduct discovery and limit the taking of testimony and presentation of evidence in such manner as to control the costs and expenses of such proceedings.
Method of Resolution. All resolutions of the General Meeting of Shareholders, except as otherwise provided by the relevant laws, shall be adopted if the approval of a majority vote of the shareholders present at such meeting is obtained and such majority also represents at least one-fourth (1/4) of the total issued and outstanding voting shares.
Method of Resolution. (1) The parties agree to use their best endeavours to resolve any disputes that may arise between them in a speedy and proportionate manner. (2) Both parties have a statutory right under the Construction Contracts Act 2013 to refer a dispute relating to payment (a Payment Dispute) to adjudication at any time.
Method of Resolution. Except for provisions of laws and ordinances or these Articles of Incorporation prescribing severer method of resolution, resolutions of a General Meeting of Shareholders shall be adopted (i) at a Meeting at which shareholders holding more than 50% of the issued and outstanding voting shares are present, and (ii) by the affirmative vote of shareholders holding more than 50% of all of the issued and outstanding voting shares.
Method of Resolution. The quorum for the Board of Directors shall be the presence of at least one half (1/2) of the Directors, including at least one Director nominated by the holders of the Series A Preferred Shares, and all resolutions of the Board of Directors shall require the affirmative votes of a majority of the Directors present at the meeting of the Board of Directors.
Method of Resolution. Resolutions of the Board of Directors shall be adopted by the affirmative vote of a majority of directors at a Meeting of Board of Directors at which more than half of the Directors in office are present.