Common use of Settlement and mediation Clause in Contracts

Settlement and mediation. Either party may propose settlement negotiations to the other party at any time. The Tribunal may suggest that the parties explore settlement at such times as the Tribunal may deem appropriate and shall suggest that they do so at or before conclusion of the hearing. The Tribunal shall give such assistance in settlement negotiations as the parties may request and the Tribunal may deem appropriate.

Appears in 2 contracts

Sources: Interim Cooperative Agreement (Nicor Inc), Interim Cooperative Agreement (Northern Illinois Gas Co /Il/ /New/)