Settlement Attempt Clause Samples
The Settlement Attempt clause requires the parties to make a genuine effort to resolve disputes through negotiation or other informal means before pursuing formal legal action. Typically, this involves a process where the parties notify each other of the dispute and engage in discussions or mediation within a specified timeframe. By mandating these preliminary steps, the clause aims to encourage amicable resolution, reduce litigation costs, and prevent unnecessary escalation of conflicts.
Settlement Attempt. If a wage discrepancy is claimed to exist, the representative of the Union shall first attempt to settle it with the representative designated by the Employer.
Settlement Attempt. The Parties agree that, except as provided in Section 2.11, any claim or dispute between them arising out of or in connection with this Agreement or any alleged breach of this Agreement (a "Claim") shall be submitted promptly to an executive of Seller and Buyer who shall have authority to settle the Claim, and who shall meet in Chicago, Illinois, within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the Parties may consult with a neutral third party mediator if both agree in writing. Unless the Parties agree to the contrary in writing, any advice or decision
Settlement Attempt. The parties agree that, except as provided in Section 19.23, any claim or dispute between them arising out of or in connection with this Agreement or any alleged breach of this Agreement shall be submitted promptly to a senior executive of the US Vendor or the Vendors' Guarantor and a senior executive of the US Purchaser who shall have authority to settle the claim, and who shall meet in New York, New York, within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the parties may consult with a neutral third party mediator if both agree in writing. Unless the parties agree to the contrary in writing, any advice or decision of the mediator shall not be binding. Subject to Section 19.23, any Claim which is not settled by the parties within sixty (60) days of notice thereof first being given by either party to the other may be pursued by a party in any court in accordance with Section 19.19.
Settlement Attempt. Each of the Distributor and the Corporation agrees that any claim or dispute between the parties hereto arising out of or in connection with this Agreement or any alleged breach hereof (a "Claim") shall be submitted promptly to an executive of each of the Distributor and the Corporation who shall have authority to settle the Claim, and who shall meet in Orlando, Florida within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the Distributor and the Corporation agree to the contrary in writing, any advice or decision of the mediator shall not be binding.
Settlement Attempt. The Parties agree that, except as provided in Section 2.10, any claim or dispute between them arising out of or in connection with this Agreement or any alleged breach of this Agreement (a "Claim") shall be submitted promptly to an executive of Seller and Buyer who shall have authority to settle the Claim, and who shall meet in Boston, Massachusetts, within 30 days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, the Parties may consult with a neutral third party mediator if both agree in writing. Unless the Parties agree to the contrary in writing, any advice or decision of the mediator shall not be binding.
Settlement Attempt. Any claim or dispute arising in connection with this Agreement (a "Claim") shall be submitted promptly to the parties' chief operating officers, whose designees shall meet within thirty (30) days of such submission to seek in good faith an amicable settlement. In seeking an amicable settlement, they may consult with a neutral third party mediator if both agree in writing.