Common use of Issue Escalation Clause in Contracts

Issue Escalation. If a dispute arises in relation to this MoU that cannot be resolved promptly by the MoU Managers, the parties agree to initiate discussions between senior management of each party. If those discussions do not resolve the matter within a reasonable period, the matter will be escalated to the Chief Executives of the parties for resolution.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding