Common use of Settlements of Disputes Clause in Contracts

Settlements of Disputes. a. Neither party shall be entitled to make any claim and or be liable to the other party whether in tort (including negligence) or in Agreement except as specifically provided in this Agreement. b. any claim arising out of or attributable to the interpretation or performance of this Agreement, which cannot be resolved by negotiation shall be considered a dispute within the meaning of this clause. c. If for any reason Franchisor and Franchisee are unable to resolve a claim for an adjustment, either party shall notify the other in writing that a dispute exists and request a final determination. Any such request by the parties shall be clearly identified by reference to this clause and shall summarize the facts in dispute and the parties’ proposal for resolution.