Common use of DISPUTES AND TERMINATION Clause in Contracts

DISPUTES AND TERMINATION. 13.1. If any dispute or difference arises between the OFI and the NF concerning the interpretation or application of this Agreement that cannot be resolved informally between the Parties, it shall be solely and exclusively determined by SDSI. The decision of SDSI will be final and binding on the Parties. Neither party may commence or maintain proceedings in any court or tribunal.