Common use of Disputes Arising Under the Contract Clause in Contracts

Disputes Arising Under the Contract. In the event a dispute arises hereunder between Contractor and the Land Bank, the parties hereby agree: In the event an impasse is reached between the parties during the construction phase of the project, a mutually agreed upon mediator will be appointed to act as intermediary of the dispute; once project completion and final disbursement of funds has occurred, the Land Bank accepts responsibility for obtaining relief through appropriate channels including, but not limited to, the Michigan Department of Licensing and Regulation.

Disputes Arising Under the Contract. In the event a dispute arises hereunder between Contractor Vendor and the Land Bank, the parties hereby agree: In the event an impasse is reached between the parties during the construction phase of the project, a mutually agreed upon mediator will be appointed to act as intermediary of the dispute; once project completion and final disbursement of funds has occurred, the Land Bank accepts responsibility for obtaining relief through appropriate channels including, but not limited to, the Michigan Department of Licensing and RegulationRegulatory Affairs.