Common use of Escalation Process Clause in Contracts

Escalation Process. The Escalation Process set forth in this Section 3.5.3 shall be entirely optional and shall not be considered a mandatory prerequisite for either Party to pursue collections or a refund, as applicable, for Charges as to which a Dispute has been denied or closed, nor to pursue any available remedy at law, equity or via applicable regulatory procedures. 3.5.3.1 Contested Disputes with a value of $50,000 or more for a single Dispute, or $100,000 or more for any aggregation of Disputes based on the same Dispute Reason, may be escalated by either Party for discussion and resolution as follows:

Appears in 16 contracts

Sources: Telecommunications, Telecommunications, Telecommunications