Common use of Exclusive Dispute Resolution Mechanism Clause in Contracts

Exclusive Dispute Resolution Mechanism. In the event that the Parties cannot reach agreement on a matter under this Agreement, one Party does not have the final decision-making authority with respect to such matter, as provided in the Agreement, and such matter is subject to arbitration under this Agreement, the procedures set forth in this Article 15 shall be the exclusive mechanism for resolving any dispute, controversy, or claim (collectively, “Disputes”) between the Parties that may arise from time to time pursuant to this Agreement relating to any Party’s rights and/or obligations hereunder that cannot be resolved through good faith negotiation between the Parties.

Exclusive Dispute Resolution Mechanism. In the event that the Parties cannot reach agreement on a matter under arising out of or in connection with this AgreementAgreement (including without limitation matters relating to either Party’s rights and/or obligations hereunder and/or regarding the construction, one Party does not have the final decision-making authority with respect to interpretation and enforceability of such matter, as provided in the Agreement, and such matter is subject to arbitration under this Agreementagreements), the procedures set forth in this Article 15 17 shall be the exclusive mechanism for resolving any dispute, controversy, or claim (collectively, “Disputes”) between the Parties that may arise from time to time pursuant to this Agreement relating to any Party’s rights and/or obligations hereunder that cannot be resolved through good faith negotiation between the Parties.