TO RESOLVE THE DISPUTE Clause Samples
The "To Resolve the Dispute" clause establishes the procedures and mechanisms by which parties agree to address and settle disagreements arising from their contract. Typically, this clause outlines steps such as negotiation, mediation, or arbitration before resorting to litigation, and may specify timelines, forums, or governing rules for dispute resolution. Its core function is to provide a clear, agreed-upon pathway for resolving conflicts efficiently, thereby minimizing uncertainty, reducing potential legal costs, and helping maintain the business relationship.
TO RESOLVE THE DISPUTE. You and ▇▇▇▇▇ each acknowledge and agree that, but for this agreement to arbitrate disputes, you and ▇▇▇▇▇ would have had a right or opportunity to litigate disputes through a court and to have a judge or jury decide the case and you and ▇▇▇▇▇ each voluntarily choose to waive that right and pursue all applicable Disputes through binding arbitration.
TO RESOLVE THE DISPUTE. You and Toyota each acknowledge and agree that, but for this agreement to arbitrate disputes, you and Toyota would have had a right or opportunity to litigate disputes through a court and to have a judge or jury decide the case and you and Toyota each voluntarily choose to waive that right and pursue all applicable Disputes through binding arbitration.
TO RESOLVE THE DISPUTE. Failure of the Owner to provide such written notice within ten (10) Business Days after receipt of notice of Commercial Operation shall constitute waiver of the Owner’s right to dispute that Commercial Operation has occurred.
TO RESOLVE THE DISPUTE. The Mediator shall be compensated at a rate agreeable to the Company, Forseti and the Mediator, and each of the Company and Forseti shall pay its pro rata share of such compensation and other expenses of the mediation.
TO RESOLVE THE DISPUTE. If the Contractor Change Request was based upon a Change in Law and Owner elects not to proceed with the Change, then Contractor shall not be held responsible for, and Owner shall bear the risk of, any consequences occurring as a result of Owner's refusal to approve the Change