Common use of Mutual Resolution Clause in Contracts

Mutual Resolution. If the Broker timely gives the Owner such a dispute notice, then, during the 30 days after the Broker gives such dispute notice, the Broker and the Owner will attempt in good faith to resolve such disagreement, including paying the amounts agreed upon; and any mutual determination and payment of the Final Net Adjustment by the Broker and the Owner will be final and binding upon the Owner and the Broker on the date of such mutual determination.

Appears in 2 contracts

Sources: Time Brokerage Agreement (Nexstar Finance Inc), Time Brokerage Agreement (Nexstar Finance Inc)

Mutual Resolution. If the Broker timely gives the Owner Owners such a dispute notice, then, during the 30 days after the Broker gives such dispute notice, the Broker and the Owner Owners will attempt in good faith to resolve such disagreement, including paying the amounts agreed upon; and any mutual determination and payment of the Final Net Adjustment by the Broker and the Owner Owners will be final and binding upon the Owner Owners and the Broker on the date of such mutual determination.

Appears in 1 contract

Sources: Time Brokerage Agreement (Nexstar Finance Holdings LLC)