Define: Amicable Settlement
Amicable Settlement means resolving all disputes relating to this agreement through negotiation between parties within a stipulated time.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Amicable Settlement means resolving all disputes relating to this agreement through negotiation between parties within a stipulated time.
Relevant Circumstances
- Disputes over service or product quality
- Dissolution of a partnership
- Breach of confidentiality or sensitive data leakage