Review and Resolution Clause Samples
The Review and Resolution clause establishes a process for addressing and resolving disputes or issues that arise during the course of an agreement. Typically, it outlines steps such as notifying the other party of a concern, engaging in good faith discussions, and possibly escalating the matter to higher management or mediation if initial efforts fail. This clause ensures that disagreements are handled systematically and constructively, helping to prevent escalation into litigation and maintaining a cooperative relationship between the parties.
Review and Resolution. The party receiving a Claim shall review it thoroughly, giving full consideration to its merits. The two parties shall seek to resolve the Claim through the exchange of information and direct negotiations. The parties may extend the time for resolving the Claim by mutual agreement. All actions taken on a Claim will be stated in writing and submitted to the other party, with a copy to Engineer.
Review and Resolution. The Stockholder shall, within thirty (30) days after receipt of the Closing Date Balance Sheet and the Net Asset Value calculation, complete its review thereof. In the event the Stockholder determines that the Closing Date Balance Sheet has not been prepared on the basis set forth in Section 8.1 or otherwise objects to the calculations used in the preparation thereof, the Stockholder shall, on or before the last day of such thirty (30) day period, so inform the Purchaser in writing setting forth a detailed description of the basis of the Stockholder's determination and the adjustments to the Closing Date Balance Sheet and Net Asset Value calculation that the Stockholder believes should be made. If no objection is received from the Stockholder within such thirty (30) day period, the Net Asset Value, as calculated by the Purchaser, shall be final. If the Purchaser and the Stockholder are unable to resolve all of their disagreements with respect to the proposed adjustments set forth in the Stockholder's objection within fifteen (15) days, they shall refer any disagreements to binding arbitration using a CPA Firm, the cost of which shall be shared equally by the Purchaser and the Stockholder. The parties agree to afford each other access to all books and records of the Seller and their respective related work papers reasonably necessary to prepare and review the Closing Date Balance Sheet.
Review and Resolution. Owner shall review it thoroughly, giving full consideration to its merits. The two parties shall seek to resolve the Claim through the exchange of information and direct negotiations. The parties may extend the time for resolving the Claim by mutual agreement. All actions taken on a Claim will be stated in writing and submitted to the other party.
Review and Resolution. If the employee is not satisfied with Employee Services’ ruling, and the issue is appealable through the dispute process, the employee can request an additional review by the Director of Employee Relations or designee and a Union Representative (Business Agent or high ranking Officer).