Common use of Resolution of Disputes Regarding Purchase Price Clause in Contracts

Resolution of Disputes Regarding Purchase Price. Notwithstanding any provision in this Agreement to the contrary, in the event of a dispute as to the amount of the Purchase Price to be paid for any Facility to be acquired and/or reimbursed hereunder, the County and the District will pay any undisputed portion of the Purchase Price upon compliance with the provisions of this Agreement and may elect to withhold payment of the amount of the Purchase Price in dispute, in which case the parties agree to meet and confer regarding such matter.

Appears in 2 contracts

Samples: Acquisition, Funding and Disclosure Agreement, Acquisition, Funding and Disclosure Agreement

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Resolution of Disputes Regarding Purchase Price. Notwithstanding any provision in this Agreement to the contrary, in the event of a dispute as to the amount of the Purchase Price to be paid for any Project Facility to be acquired and/or reimbursed hereunder, the County and the District will pay any undisputed portion of the Purchase Price upon compliance with the provisions of this Agreement and may elect to withhold payment of the amount of the Purchase Price in dispute, in which case the parties agree to meet and confer regarding such matter.

Appears in 2 contracts

Samples: Acquisition, Funding and Disclosure Agreement, Acquisition, Funding and Disclosure Agreement

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