Common use of Disputes Based on Purchaser’s Breach of Obligations arising under this Agreement Prior to Closing or for Failure to Close Clause in Contracts

Disputes Based on Purchaser’s Breach of Obligations arising under this Agreement Prior to Closing or for Failure to Close. Notwithstanding anything to the contrary set forth in this Agreement, Seller may, at its option and in its sole and absolute discretion, forgo the alternative dispute resolution procedures set forth in Sections 15.2, 15.3, and 15.5 for claims against Purchaser arising out of Purchaser’s failure to perform its obligations arising prior to the Closing Date and elect to file any such claims for breach of contract against Purchaser in the Circuit Court of Multnomah County, Oregon, or in the Small Claims Department of the Circuit Court of Multnomah County, Oregon, if applicable.