Common use of Resolution by Arbitration Clause in Contracts

Resolution by Arbitration. In the event that a dispute remains unresolved within ten (10) Business Days of being referred to the senior management of the parties for negotiation or resolution, then either party may initiate arbitration of the dispute pursuant to the terms hereof. Subject to any matters or issues specifically excluded from arbitration pursuant to the provisions of Section 17.3 of this Agreement, any dispute that has proceeded through senior management without resolution shall be submitted for arbitration in accordance with the following requirements:

Resolution by Arbitration. In the event that a dispute remains unresolved within ten (10) Business Days business days of being referred to the senior management of the parties for negotiation or resolution, then either party may initiate arbitration of the dispute pursuant to the terms hereofthereof. Subject to any matters or issues specifically excluded from arbitration pursuant to the provisions of Section 17.3 of this Agreement18.3 hereof, any dispute that has proceeded through senior management without resolution shall be submitted for arbitration in accordance with the following requirements:Nova Scotia Commercial Arbitration Act.