Deferral of the Match Commitment Sample Clauses

Deferral of the Match Commitment. The NRMP, in its sole discretion, may grant to an applicant and a program a one-year deferral of a Match commitment if: (1) both parties agreeing to the deferral provide written documentation; and (2) failure to obtain a deferral would cause unanticipated serious and extreme hardship. Additionally, NRMP may grant a deferral of up to one year at the request of either an applicant or a program if arbitration proceedings have been initiated and the outcome is pending. If for any reason a deferred Match commitment cannot or will not be honored, one or both parties shall submit to the NRMP a request for a waiver according to the procedures set forth in Sections 2.5 and 3.6 of this Agreement.