Common use of Settlement Meeting Clause in Contracts

Settlement Meeting. The Parties will attempt in good faith to resolve promptly through negotiations any dispute under this Agreement. If any such dispute should arise, the Parties will meet at least once to attempt to resolve the matter (the "Settlement Meeting"). Any Party may request the other Parties to attend a Settlement Meeting at a mutually agreed time and place within ten days after delivery of a notice of a dispute. The occurrence of a Settlement Meeting with respect to a dispute will be a condition precedent to seeking any arbitration or judicial remedy, provided that if a Party refuses to attend a Settlement Meeting or does not avail itself to a Settlement Meeting within twenty days after delivery of a notice of dispute the other Party may proceed to seek such remedy.

Appears in 2 contracts

Sources: Processing Services Agreement (Hallmark Financial Services Inc), Processing Services Agreement (Hallmark Financial Services Inc)

Settlement Meeting. The Parties will attempt in good faith to resolve promptly through negotiations any dispute under this Agreement. If any such dispute should arise, the Parties will meet at least once to attempt to resolve the matter mailer (the "Settlement Meeting"). Any Party may request the other Parties to attend a Settlement Meeting at a mutually agreed time and place within ten days after delivery of a notice of a dispute. The occurrence of a Settlement Meeting with respect to a dispute will be a condition precedent to seeking any arbitration or judicial remedy, provided that if a Party refuses to attend a Settlement Meeting or does not avail itself to a Settlement Meeting within twenty days after delivery of a notice of dispute the other Party may proceed to seek such remedy.

Appears in 1 contract

Sources: Processing Services Agreement (Hallmark Financial Services Inc)