Common use of Resolution of Conflicts Clause in Contracts

Resolution of Conflicts. The parties agree to solve in a friendly manner any dispute arising out of or in connection with the present agreement, including the validity, interpretation, implementation and effect of it. In the event that the disagreement cannot be resolved, the issue(s) will be submitted for arbitration; each party will appoint a member of the arbitration panel, and one member will be chosen by mutual consent.

Resolution of Conflicts. The parties agree to solve in a friendly manner any dispute controversy arising out from the interpretation of or in connection with the present agreement, including the validity, interpretation, implementation and effect of it. In the event that the disagreement cannot be resolved, the issue(s) will be submitted for arbitration; each party will appoint a member of the arbitration panel, and one member will be chosen by mutual consent.

Resolution of Conflicts. The parties agree to solve in a friendly manner any dispute controversy arising out from the interpretation of or in connection with the present agreement, including the validity, interpretation, implementation and effect of it. In the event that the disagreement cannot be resolved, the issue(s) will be submitted for arbitration; each party will appoint a member of the arbitration panel, and one member will be chosen by mutual consent.

Resolution of Conflicts. The parties agree to solve in a friendly manner any dispute arising out of or in connection with the present agreement, including the validity, interpretation, implementation implementation, and effect of it. In the event that the disagreement cannot be resolved, the issue(s) will be submitted for arbitration; each party will appoint a member of the arbitration panel, and one member will be chosen by mutual consent.