Common use of Claims Resolution Clause in Contracts

Claims Resolution. The parties hereto agree: (a) Other than matters involving the appointment of a receiver, or the exercise of other provisional remedies (any and all of which may be initiated pursuant to applicable law), each controversy, dispute or claim between or among the parties hereto arising out of or relating to this Agreement (individually and collectively, a "Claim") which is not settled in writing within thirty (30) days after the date on which a party subject to this Agreement gives written notice to all other parties that a Claim exists (the "CLAIM DATE"), will be settled by a "Reference Proceeding."

Claims Resolution. The parties hereto agree: (a) Other than matters involving the appointment of a receiver, or the exercise of other provisional remedies (any and all of which may be initiated pursuant to applicable law), each controversy, dispute or claim between or among the parties hereto arising out of or relating to this Agreement (individually and collectively, a "ClaimCLAIM") which is not settled in writing within thirty (30) days after the date on which a party subject to this Agreement gives written notice to all other parties that a Claim exists (the "CLAIM DATE"), will be settled by a "Reference ProceedingREFERENCE PROCEEDING."