Common use of Exclusive Resolution Procedures; Equitable Remedies Clause in Contracts

Exclusive Resolution Procedures; Equitable Remedies. The procedures specified in this Article shall be the sole and exclusive procedures for the resolution of Claims (except for lien claims which are governed by statute); provided, however, that, notwithstanding anything in this Article to the contrary, a Party may file a complaint in the court described in Section 27.7 to seek injunctive relief, sequestration, garnishment, attachment, or an appointment of a receiver. Despite such actions, the Parties shall continue to participate in good faith in and be bound by the dispute resolution procedures specified in this Article.

Appears in 5 contracts

Samples: Procurement and Construction Agreement (South Carolina Electric & Gas Co), Engineering, Procurement and Construction Agreement, Engineering, Procurement and Construction Agreement

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Exclusive Resolution Procedures; Equitable Remedies. The procedures specified in this Article shall be the sole and exclusive procedures for the resolution of Claims (except for lien claims which are governed by statute); provided, however, that, notwithstanding anything in this Article to the contrary, a Party may file a complaint in the a court described in Section 27.7 of competent jurisdiction to seek injunctive relief, sequestration, garnishment, attachment, or an appointment of a receiver. Despite such actions, the Parties shall will continue to participate in good faith in and be bound by the dispute resolution procedures specified in this Article.

Appears in 2 contracts

Samples: Guaranty Agreement (Georgia Power Co), Guaranty Agreement (Alabama Power Co)

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