Common use of Obligations during Disputes Clause in Contracts

Obligations during Disputes. While a Dispute is continuing, the Parties are required to continue to perform their respective obligations, including the payment of the Energy Payment and/or Deemed Energy Payment, under this Agreement until such dispute has been fully and finally resolved. Where a Dispute has been referred for resolution by arbitration in accordance with the Namibian arbitration laws, then neither of the Parties shall be entitled to exercise any rights or election arising in consequence of any alleged default by the other arising out of the subject matter of the Dispute until the Dispute has been resolved by the decision of the arbitrators.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Obligations during Disputes. While a Dispute dispute is continuing, the Parties are required to continue to perform their respective obligations, including the payment of the Energy Payment and/or Deemed Energy Paymentaccording to the PPA, under this Agreement until such dispute has been fully and finally resolved. Where a Dispute dispute has been referred for resolution by arbitration in accordance with the Namibian arbitration lawslaws of Namibia, then neither of the Parties shall be entitled to exercise any rights or election arising in consequence of any alleged default by the other arising out of the subject matter of the Dispute dispute until the Dispute dispute has been resolved by the decision of the arbitrators.

Appears in 1 contract

Samples: Transmission Connection Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.