Common use of Senior Executives Clause in Contracts

Senior Executives. The parties shall use reasonable efforts to settle all Disputes. In the event any Dispute is not settled within 30 days after the date such Dispute arises, each party shall within 10 days refer the matter in dispute to its Senior Executive. The Senior Executives shall meet within 21 days to attempt to negotiate a resolution of the Dispute. Settlement offers shall not be admissible in any subsequent dispute resolution process.

Appears in 3 contracts

Samples: Transfer Pricing Agreement, Transfer Pricing Agreement, Transfer Pricing Agreement

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Senior Executives. The parties shall use reasonable efforts to settle all Disputes. In the event any such Dispute is not settled within 30 days after the date such Dispute arises, each party shall within 10 days refer the matter in dispute to its Chief Executive Officer (the "Senior ExecutiveExecutives). The Senior Executives shall meet within 21 days to attempt to negotiate a resolution of the Dispute. Settlement offers shall not be admissible in any subsequent dispute resolution process.

Appears in 1 contract

Samples: Transferpriclng Agreement for Electricity and Gas

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