Sole Method of Dispute Resolution Sample Clauses

The Sole Method of Dispute Resolution clause establishes a single, exclusive process for resolving any disputes that arise under the agreement. Typically, this means that parties must use the specified method—such as arbitration, mediation, or litigation in a particular court—and are prohibited from pursuing alternative avenues like other courts or forums. By mandating one dispute resolution path, this clause provides certainty, streamlines conflict management, and prevents parties from engaging in parallel or conflicting proceedings.
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Sole Method of Dispute Resolution. In the event of a dispute between the parties, including all events of default, except failure to pay any licensing fee pursuant to Section 4 of this Agreement, neither party may commence formal legal action or commence arbitration proceedings unless and until the senior level executives (and their representatives, if they wish) of both parties meet face to face in a meeting(s) in an attempt to settle the dispute (the "Cooling Off Period"). This Cooling Off Period shall last for fifteen (15) days from the first date one of the parties identifies to the other party the existence of a dispute. In the event that the senior executives of the parties are unable to work out a mutually agreeable resolution during the Cooling Off period, the parties hereby agree to binding arbitration before a single arbitrator mutually agreeable to both parties who shall follow the Rules of the American Arbitration Association. The arbitrator shall be
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Sole Method of Dispute Resolution. In the event of a dispute between the parties, including all events of default, except failure to pay any licensing fee or royalty pursuant to Section 5 of this Agreement, neither party may commence formal legal action or commence arbitration proceedings unless and until the senior level executives (and their representatives, if they wish) of both parties meet face to face in a meeting(s) in an attempt to settle the dispute (the "Cooling Off Period"). This Cooling Off Period shall last for fifteen (15) days from the first date one of the parties identifies to the other party the existence of a dispute. In the event that the senior executives of the parties are unable to work out a mutually agreeable resolution during the Cooling Off Period, the parties hereby agree to binding arbitration before a single arbitrator mutually agreeable to both parties who shall follow the Rules of the American Arbitration Association. The arbitrator shall be an attorney specializing in licensing at one of the intellectual property firms in Florida and neither the attorney nor the firm have any prior or current relationship with either party. The fees of the arbitrator shall be evenly shared between the parties. If within thirty (30) days the parties cannot mutually agree upon a single arbitrator, either party may file an arbitration in accordance with the Rules of the American Arbitration Association in Florida. If the breach is one which is not curable, the arbitrator's decision must include a provision that this Agreement may not be terminated if ABMC shall pay to JRSE an amount which the arbitrator shall determine will
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Sole Method of Dispute Resolution. In the event of a dispute between the parties, including all events of default, except failure to pay the Minimum Sales Royalty, neither party may commence formal legal action or commence arbitration proceedings unless and until the senior level executives (and their representatives, if they wish) of both parties meet face to face in a meeting(s) in an attempt to settle the dispute (the "Cooling Off Period"). This Cooling Off Period shall last for fifteen (15) days from the first date one of the parties identifies to the other party the existence of a dispute. In the event that the senior executives of the parties are unable to work out a mutually agreeable resolution during the Cooling Off Period, the parties hereby agree to binding arbitration before a single arbitrator mutually agreeable to both parties who shall follow the Rules of the American Arbitration Association. The arbitrator shall be an attorney specializing in licensing at one or the intellectual property firms in Florida and neither the attorney nor the firm have any prior or current relationship with either party. The fees of the arbitrator shall be evenly shared between the parties. If within thirty (30) days, the parties cannot mutually agree upon a single arbitrator, either party may file an arbitration in accordance with the Rules of the American Arbitration Association in Florida. An arbitrator's decision that a breach has occurred which would permit the Licensor to terminate this Agreement must provide that the Licensee shall have a period of thirty (30) days from the date of the decision to cure the breach before this Agreement may be terminated. If the breach is one which is not curable, the arbitrator's decision must include a provision that this Agreement may not be terminated if Licensee shall pay to Licensor an amount which the arbitrator shall determine will compensate Licensor for the breach. Notwithstanding the foregoing, Licensor shall have the right to seek immediate relief in court, including but not limited to a temporary restraining order, a preliminary injunction and/or a permanent injunction if Licensee or any of its officers, agents and employees does anything to damage the value of the Licensed Property. Licensee shall have the right to seek equitable relief to enforce its rights hereunder in the event Licensee believes it is being irreparably harmed. In the event either party is seeking equitable relief from a court in accordance herewith, the party seeking such rel...
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Sole Method of Dispute Resolution. In the event of a dispute between the parties, including all events of default, except failure to pay the Minimum Sales Royalty, neither party may commence formal legal action or commence arbitration proceedings unless and until the senior level executives (and their representatives, if they wish) of both parties meet face to
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Related to Sole Method of Dispute Resolution

  • I2 Dispute Resolution The Parties shall attempt in good faith to negotiate a settlement to any dispute between them arising out of or in connection with the Contract within twenty (20) Working Days of either Party notifying the other of the dispute and such efforts shall involve the escalation of the dispute to the finance director of the Contractor and the commercial director of the Authority.

  • Third Party Dispute Resolution The Consulting Firm shall (i) consider only the items that are then disputed by the parties, (ii) shall be bound by the terms of the Agreement and (iii) shall only make a determination of such disputed matters in favor of the proposal made by the Purchasers or the Sellers (as may be presented by each party to the Consulting Firm in writing, which shall be shared with the other party) and shall not make an independent proposal. The Consulting Firm shall prepare a written determination of any disputed matters and deliver the determination to the Purchasers and the Sellers within fifteen (15) Business Days after the date the Consulting Firm is engaged. Each party shall cooperate fully with the Consulting Firm, including by using reasonable best efforts to provide the information, data and work papers to the extent permitted by applicable Law, so as to enable the Consulting Firm to make a determination of the disputed items as quickly as practicable. The Corrective Action Plan shall be finalized in accordance with the Consulting Firm’s determination of the disputed matters.

  • Alternative Dispute Resolution Prior to filing of litigation, the parties may select non-binding mediation as a method of conflict resolution for issues arising out of or relating to this procurement process or any contract resulting from or any contemplated transaction. The parties agree that if non-binding mediation is chosen as a resolution process, the parties must agree to the chosen mediator(s) and that all mediation venue shall be at a location in ▇▇▇ ▇▇▇▇▇ County, Texas or agreed by the parties. The parties agree to share equally the cost of the mediation process and venue cost.

  • Negotiation; Alternative Dispute Resolution The Parties will attempt in good faith to resolve any dispute or controversy arising out of or relating to the performance of services under this Agreement. If the Parties are unable to resolve the dispute, then, pursuant to San Francisco Administrative Code Section 21.36, Contractor may submit to the Contracting Officer a written request for administrative review and documentation of the Contractor's claim(s). Upon such request, the Contracting Officer shall promptly issue an administrative decision in writing, stating the reasons for the action taken and informing the Contractor of its right to judicial review. If agreed by both Parties in writing, disputes may be resolved by a mutually agreed-upon alternative dispute resolution process. If the parties do not mutually agree to an alternative dispute resolution process or such efforts do not resolve the dispute, then either Party may pursue any remedy available under California law. The status of any dispute or controversy notwithstanding, Contractor shall proceed diligently with the performance of its obligations under this Agreement in accordance with the Agreement and the written directions of the City. Neither Party will be entitled to legal fees or costs for matters resolved under this section.

  • Alternate Dispute Resolution In the event of any issue of controversy under this Agreement, the PARTIES may pursue Alternate Dispute Resolution procedures to voluntarily resolve those issues. These procedures may include, but are not limited to, conciliation, facilitation, mediation, and fact finding.