Common use of Exclusive Method Clause in Contracts

Exclusive Method. The foregoing method of resolving Disputes (herein referred to as "DISPUTE RESOLUTION") shall constitute the sole and exclusive method, means and procedure to resolve any Dispute and THE PARTIES HEREBY IRREVOCABLY WAIVE ANY AND ALL RIGHTS TO THE CONTRARY AND SHALL AT ALL TIMES CONDUCT THEMSELVES IN STRICT, FULL, COMPLETE AND TIMELY ACCORDANCE WITH THE REQUIREMENTS OF DISPUTE RESOLUTION. ANY AND ALL ATTEMPTS TO CIRCUMVENT THE PROVISIONS OF THIS SECTION 8.9 SHALL BE ABSOLUTELY NULL AND VOID AND OF NO FORCE OR EFFECT WHATSOEVER.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Trega Biosciences Inc), Agreement and Plan of Reorganization (Grass George M PHD)