Common use of Operation of the Contract Clause in Contracts

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no failure to agree on any action pursuant to this Clause shall give rise to a dispute subject to arbitration.

Appears in 11 contracts

Samples: Agreement, Agreement, Agreement

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Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no failure to agree on any action pursuant to this Clause shall give rise to a dispute subject to arbitrationarbitration in accordance with Clause GC 8 hereof.

Appears in 8 contracts

Samples: Whereas, Form of Contract, nmcg.nic.in

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no on failure to agree on any action pursuant to this Clause clause shall give rise to a dispute subject to arbitrationarbitration in accordance with clause 18 hereof.

Appears in 7 contracts

Samples: Contract for Consultancy Services, Contract for Consultancy Services, Contract for Consultancy Services

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no failure to agree on any action pursuant to this Sub-Clause shall give rise to a dispute subject to arbitrationarbitration in accordance with Clause 8 hereof.

Appears in 4 contracts

Samples: Consultancy Agreement Consultancy Agreement, Consultancy Agreement Consultancy Agreement, Draft Consultancy Contract Agreement

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use make their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairnessnon-fairness, but no failure to agree on any action pursuant to this Clause shall may give rise to a dispute subject to arbitrationArbitration in accordance with Clause 6.2.9 hereof.

Appears in 3 contracts

Samples: static.investindia.gov.in, static.investindia.gov.in, invest-india-revamp-static-files.s3.ap-south-1.amazonaws.com

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no failure to agree on any action pursuant to this Clause shall give rise to a dispute subject to arbitrationarbitration in accordance with Clause 21 above.

Appears in 2 contracts

Samples: Form of Service Agreement, Form of Service Agreement

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no failure to agree on any action pursuant to this Clause shall give rise to a dispute subject to arbitrationarbitration in accordance with Clause 8 . hereof.

Appears in 1 contract

Samples: www.krfb.org

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Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no failure to agree on any action pursuant to this Clause shall give rise to a dispute subject to arbitration.. ***

Appears in 1 contract

Samples: Jaipur Development Authority, Jaipur

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract Contract, shall operate fairly as between themthem , and without detriment detriments to the interest of either of themthem , and thatthat , if during the term of this Contract either Party believes that this Contract is operating unfairlyunfairly , the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairnessunfairness , but no failure to agree on any action pursuant to this Clause shall give rise to a dispute subject to arbitration.

Appears in 1 contract

Samples: Contract Agreement

Operation of the Contract. The Parties recognize that it is impractical in this Contract to provide for every contingency which may arise during the life of the Contract, and the Parties hereby agree that it is their intention that this Contract shall operate fairly as between them, and without detriment to the interest of either of them, and that, if during the term of this Contract either Party believes that this Contract is operating unfairly, the Parties will use their best efforts to agree on such action as may be necessary to remove the cause or causes of such unfairness, but no failure to agree on any action pursuant to this Clause shall give rise to a dispute subject to arbitrationarbitration in accordance with Clause.

Appears in 1 contract

Samples: Consultancy Agreement

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