Common use of Effect of Arbitration Clause in Contracts

Effect of Arbitration. All performance and payments required under this EPA will continue during any dispute under this EPA, provided that the Parties may, notwithstanding the foregoing, exercise any right to terminate this EPA in accordance with the terms of this EPA. Any payments or reimbursements required by an arbitration award will be due as of the date determined under section 6.4(b)(iv) or, where that section does not apply, as of the date determined in the award. Without duplication with section 6.4(b)(iv), any payments or reimbursements required by an arbitration award will bear interest at an annual rate equal to the Prime Rate plus 2% compounded monthly from the date such payment was due until the amount is paid.

Effect of Arbitration. All performance and payments required under this EPA will continue during any dispute under this EPA, provided that the Parties may, notwithstanding the foregoing, exercise any right to terminate this EPA in accordance with the terms of this EPA. Any payments or reimbursements required by an arbitration award will be due as of the date determined under section 6.4(b)(iv8.6(b)(iv) or, where that section does not apply, as of the date determined in the award. Without duplication with section 6.4(b)(iv8.6(b)(iv), any payments or reimbursements required by an arbitration award will bear interest at an annual rate equal to the Prime Rate plus 2% compounded monthly from the date such payment was due until the amount is paid.

Effect of Arbitration. All performance and payments required under this EPA will continue during any dispute under this EPA, provided that the Parties may, notwithstanding the foregoing, exercise any right to terminate this EPA in accordance with the terms of this EPA. Any payments or reimbursements required by an arbitration award will be due as of the date determined under section 6.4(b)(ivsubsection 6.5(b)(ii) or, where that section subsection does not apply, as of the date determined in the award. Without duplication with section 6.4(b)(ivsubsection 6.5(b)(ii), any payments or reimbursements required by an arbitration award will bear interest at an annual rate equal to the Prime Rate plus 2% compounded monthly from the date such payment was due until the amount is paid.