Termination and Dispute Resolution Procedure Sample Clauses
The Termination and Dispute Resolution Procedure clause outlines the steps parties must follow to end the agreement and resolve any disagreements that arise. Typically, it specifies the conditions under which either party can terminate the contract, such as breach or mutual consent, and details the process for handling disputes, which may include negotiation, mediation, or arbitration before resorting to litigation. This clause ensures that both parties have a clear, agreed-upon process for ending their relationship and addressing conflicts, thereby reducing uncertainty and minimizing the risk of protracted or costly disputes.
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Termination and Dispute Resolution Procedure. A party may refer to the Dispute Resolution Procedure for advance determination the question of whether it has grounds for terminating this Agreement (including, without limitation, whether the circumstances described in Section 16.8(g) or (i) have occurred). However, the submission of that question to the Dispute Resolution Procedure shall not prevent either party from terminating this Agreement in accordance with its provisions prior to determination of that question by the Dispute Resolution Procedure. If either party has purported to terminate this Agreement in accordance with its provisions, the other party may submit to the Dispute Resolution Procedure the question of whether such termination was made in accordance with this Agreement, and request either:
(a) a ruling that this Agreement has not been terminated; or
(b) an award of damages for wrongful repudiation of this Agreement.
Termination and Dispute Resolution Procedure. S3.1 A Party may refer to the Dispute Resolution Procedure for advance determination the question of whether it has grounds for terminating this Design Build Agreement (including, whether the circumstances described in Section O2.1(h) have occurred). However, the submission of that question to the Dispute Resolution Procedure shall not prevent either Party from terminating this Design Build Agreement in accordance with its provisions prior to determination of that question by the Dispute Resolution
Termination and Dispute Resolution Procedure. A party may refer to the Dispute Resolution Procedure for advance determination the question of whether it has grounds for terminating this Agreement. However, the submission of that question to the Dispute Resolution Procedure shall not prevent either party from terminating this Agreement in accordance with its provisions prior to determination of that question by the Dispute Resolution Procedure. If either party has purported to terminate this Agreement in accordance with its provisions, the other party may submit to the Dispute Resolution Procedure the question of whether such termination was made in accordance with this Agreement, and request an award of damages for wrongful repudiation of this Agreement.
Termination and Dispute Resolution Procedure after the City becomes aware of the occurrence of a Termination Event;
(b) at any time upon 30 days advance written notice to Project Co, in the absolute and unfettered discretion of the City and for any reason whatsoever or for no reason at all, and at the convenience of the City; or
(c) the conditions set out in Section 9.4 [City’s Election Not to Reinstate] have arisen. No notice of termination under this Section 15.2 [Termination by City] shall be effective unless, in the case of a notice under clause (a), it specifies the Termination Event relied on, in the case of a notice under clause (b), it states that the termination is for convenience, or in the case of a notice under clause (c), it specifies the Section of the Agreement on the basis of which the Agreement is being terminated.
Termination and Dispute Resolution Procedure. A Party may refer to the Dispute Resolution Procedure for determination the question of whether it has grounds for terminating this Agreement under any provision of this Agreement. However, the submission of that question to the Dispute Resolution Procedure shall not prevent either Party from terminating this Agreement in accordance with its provisions prior to determination of that question by the Dispute Resolution Procedure. If either Party has purported to terminate this Agreement in accordance with its provisions, the other Party may submit to the Dispute Resolution Procedure the question of whether such termination was made in accordance with this Agreement, and request either:
(a) a ruling that this Agreement has not been terminated; or
(b) an award of damages for wrongful repudiation of this Agreement. If neither Party has purported to terminate this Agreement and the question of whether breach of one or more provisions of this Agreement has occurred is being disputed through the Dispute Resolution Procedure, then the arbitrator or panel of arbitrators constituted pursuant to the Dispute Resolution Procedure shall, upon determining that the alleged breach has occurred, allow such further cure period, if any, as the arbitrator or panel of arbitrators considers reasonable and appropriate in all the circumstances, including whether in the opinion of the arbitrator or panel of arbitrators the allegation of the breach was or was not disputed in good faith; provided that while such question of whether a breach of this Agreement has occurred is being disputed through the Dispute Resolution Procedure, neither Party shall have any right to terminate this Agreement by reason of such alleged breach of this Agreement pending the determination of that question through the Dispute Resolution Procedure.