Claims Resolution Process Clause Samples

The Claims Resolution Process clause establishes the procedures parties must follow to address and resolve disputes or claims arising under the agreement. Typically, this clause outlines steps such as providing written notice of a claim, engaging in good faith negotiations, and possibly escalating to mediation or arbitration if the issue remains unresolved. Its core practical function is to provide a clear, structured pathway for resolving disagreements efficiently, minimizing disruption to the business relationship and reducing the likelihood of costly litigation.
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Claims Resolution Process. 4.1 If the Executive has any claim in connection with this Agreement, he agrees to submit his claim in writing to Compaq's Senior Vice President, Human Resources, who will promptly respond to the Executive normally within 21 days from the receipt of the claim. 4.2 If the Executive disagrees with Compaq's determination, the parties agree to attempt to settle the Executive's claim by non-binding mediation held in Houston, Texas and administrated by the American Arbitration Association ("AAA") under its National Rules for the Resolution of Employment Disputes. 4.3 If the parties fail to reach a settlement as a result of the mediation process, any claim or controversy in connection with this Agreement shall be finally settled by binding arbitration conducted by AAA, held in Houston, Texas pursuant to AAA's National Rules for the Resolution of Employment Disputes. A judgment based upon the arbitrator's decision may be entered and enforced in any Texas court having jurisdiction. 4.4 The cost of the foregoing mediation and arbitration shall be borne equally by the parties.
Claims Resolution Process. The parties shall utilize each of the following steps in the Claims Resolution Process in the sequence they appear below. Each party shall participate fully and in good faith in each step in the Claims Resolution Process, which good faith effort shall be a condition precedent to the right of each party to proceed to the next step in the Claims
Claims Resolution Process. The Reorganized Debtor and the Unsecured Creditor Oversight Committee (to the extent created) shall examine all Claims and will have the right, authority, power and discretion to: (i) file objections to the allowance, priority and classification of all Claims; (ii) litigate to judgment, settle or withdraw objections to Claims without any notice or approval of any other party or the Court; and (iii) request that the Court estimate any claim pursuant to 11 U.S.C. § 502(c). The deadline to file objections to Claims shall be sixty (60) days after the Effective Date, which date may be extended by the Reorganized Debtor with order of the Court. Releases The Plan will provide, to the fullest extent permitted by law, for releases, exculpations and waivers of claims and Causes of Action, in favor of: (i) the Debtor and its existing and prior directors, officers, employees, agents, professionals, representatives, predecessors, successors, subsidiaries and affiliates; (ii) the DIP Agent, Lenders and their directors, officers, employees, agents, professionals, representatives, predecessors, successors, subsidiaries and affiliates; (iii) the members of the UCC, including their directors, officers, employees, agents, professionals, successors subsidiaries and affiliates, in their capacity as members; (iv) the members of the Ad Hoc Committee, including their directors, officers, employees, agents , professionals, subsidiaries and affiliates, in their capacity as members; (v) the professionals retained in the Bankruptcy Case by the Parties; and (vi) persons subject to potential Avoidance Actions. The releases granted in (i) and (vi) above shall not extend to any person whose claim against or equity interest in the Debtor is disputed by any of the Parties.
Claims Resolution Process. The term “Claims Resolution Process” means the process for the resolution of a Claim(s) as set forth in the Claims Resolution Article of these General Conditions.
Claims Resolution Process 

Related to Claims Resolution Process

  • Disputes Resolution Procedure 11.1 A major objective of this Agreement is to eliminate lost time and/or production arising out of disputes or grievances. The Parties to this Agreement are committed to complying with the terms of this procedure.

  • Resolution Procedure a. Step 1 i. The complainant, if comfortable with that approach, may choose to speak to or correspond directly with the alleged harasser to express their feelings about the situation. ii. Before proceeding to Step 2, the complainant may approach their administrative officer, staff rep or other contact person to discuss potential means of resolving the complaint and to request assistance in resolving the matter. If the matter is resolved to the complainant's satisfaction the matter is deemed to be resolved. Refer to Article E.

  • Problem Resolution The parties shall meet and attempt to resolve all disputes and differences that may arise between the parties hereto concerning construction, interpretation, performance, operations, or breach of the matters referred to in this Agreement prior to seeking any legal remedy.

  • Disputes Resolution It is the intent of the parties to communicate on a regular basis in a positive and effective manner. The parties agree to communicate areas of concern as they arise and to address those concerns in a professional manner. Any disputes between the Commission and the School which arise under, or are by virtue of, this Contract and which are not resolved by mutual agreement, shall be decided by the full Commission in writing, within 90 calendar days after a written request by the School for a final decision concerning the dispute; provided that where a disputes resolution process is defined for a particular program area (e.g., IDEA, Section 504, etc.), the Parties shall comply with the process for that particular program area; and further provided that the parties may mutually agree to utilize the services of a third-party facilitator to reach a mutual agreement prior to decision by the full Commission. Subject to the availability of an appeal under Ch. 302D, HRS, or BOE administrative rules or procedures, any such decision by the full Commission shall be final and conclusive.

  • Grievance Resolution If a grievance is resolved at Step 2 or 3 in the procedure as provided herein, the grievant concerned shall indicate acceptance of the resolution by affixing his/her signature in the appropriate space indicated. If the employee has been represented by the Union at the Step of the procedure at which a resolution is reached, the Union representative shall also sign the appropriate document acknowledging that the employee has accepted the resolution. Decisions on grievances where an employee represents him/herself shall not be considered precedent setting or binding with regard to any future grievances filed with respect to the same or similar matters.