Obligations During Dispute Resolution Proceedings Clause Samples
The "Obligations During Dispute Resolution Proceedings" clause defines the responsibilities and conduct required of parties while a dispute is being resolved under the contract. Typically, this clause requires parties to continue performing their contractual duties, such as delivering goods or making payments, even as the dispute is ongoing, unless the contract specifically allows suspension. By mandating continued cooperation and performance, the clause ensures that the dispute process does not disrupt essential business operations or cause unnecessary harm, thereby maintaining stability and minimizing risk during periods of disagreement.
POPULAR SAMPLE Copied 1 times
Obligations During Dispute Resolution Proceedings. In the event of any dispute between the Parties in which a Party has provided notice of termination under Section 6.3 and the dispute is required to be resolved or is submitted for resolution under Article 8.0 below, the termination of this Agreement shall be stayed and the Parties shall continue to perform under the terms of this Agreement until the final resolution of the dispute.