FINAL AND CONCLUSIVE EXCEPT Sample Clauses

The "Final and Conclusive Except" clause establishes that certain decisions, determinations, or certificates made under a contract are considered binding and not subject to dispute, except in specifically outlined circumstances. In practice, this means that, for example, an architect’s certification of work completion is final unless the contract expressly allows for challenges based on fraud, error, or other defined exceptions. The core function of this clause is to provide certainty and efficiency in contract administration by limiting the grounds on which parties can contest key decisions, while still preserving the right to dispute in exceptional cases.
FINAL AND CONCLUSIVE EXCEPT. The matter it relates to may be reopened in the event of fraud, malfeasance, or misrepresentation of a material fact;

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