Common use of Default in Payment Obligations Clause in Contracts

Default in Payment Obligations. In addition to all other remedies available to ▇▇▇▇▇▇ in the event of a Client default, if Client does not make payments as required hereunder of amounts that are not subject to a good faith dispute by Client, ▇▇▇▇▇▇ may refuse to Produce any Product until Client’s account in regard to such undisputed payments is paid in full, suspend deliveries of Product until Client provides assurance of performance reasonably satisfactory to ▇▇▇▇▇▇, and/or take other reasonable means as ▇▇▇▇▇▇ may determine. In the event Client disputes, in good faith, an invoice amount, Client agrees to provide ▇▇▇▇▇▇ with written notification of such dispute within [* * *] from the date of the invoice and the Parties shall use good faith efforts to resolve the dispute within [* * *] from the date of the invoice. In the event the Parties are unable to resolve the dispute, the dispute shall be promptly elevated to senior management of each Party for resolution.