Performance and Payments Sample Clauses
Performance and Payments. Unless and to the extent that either Party reasonably believes that continued performance presents a safety concern or would result in material damage to equipment or such Party's respective facilities, all performance required hereunder by the Parties under this Agreement shall continue during the dispute resolution proceedings contemplated by this Article 16. No payments due or payable shall be withheld on account of a pending dispute or during the resolution of a dispute, provided that in the case of any such proceedings pertaining to amounts payable under this Agreement any payments or reimbursements required as a result of the proceedings shall be effective as of a date to be determined in such proceedings, and the amount of the payment or reimbursement shall be specified in writing by City in the then current billing statement delivered in accordance with Section 13.2.
Performance and Payments. All performance required hereunder by the Parties and payment therefor under this Arrangement shall continue during the dispute resolution proceedings contemplated by this Article 19, provided that in the case of any such proceedings pertaining to amounts payable under this Arrangement, any payments or reimbursements required as a result of the proceedings shall be effective as of a date to be determined in such proceedings, and interest shall be paid by the Party required to make any such payment or reimbursement on the amount thereof at the Default Interest Rate from the date so determined until paid, and the amount of the payment or reimbursement shall be specified by the Owner in the next Monthly Billing Statement rendered in accordance with Section 11.1.
Performance and Payments. All performance required hereunder by the Parties and payment therefor under this Agreement shall continue during the dispute resolution and arbitration proceedings contemplated by Section 19.1 and 19.3 respectively; provided that, in the case of any such proceedings pertaining to amounts payable under this Agreement, any payments or reimbursements required as a result of such proceedings shall be payable as of a date to be determined in such proceedings, and interest shall be paid, from such date until the date of payment, by the Party required to make any such payment or reimbursement on the amount thereof at the rate and basis set out in Section 8.3.
Performance and Payments