Common use of Formal Dispute Resolution Clause in Contracts

Formal Dispute Resolution. 9.4.1 The Parties agree that any disputes not resolved pursuant to the informal procedure set forth in § 9.3, which involve amounts which represent Fifty Thousand Dollars ($50,000) or less annually, whether measured by the disputing Party in terms of actual amounts owed or owing, or as amounts representing its business or other risks or obligations relating to the matter in dispute, will be submitted to binding arbitration pursuant to the provisions of § 9.

Formal Dispute Resolution. 9.4.1 9.5.1 The Parties agree that any disputes not resolved pursuant to the informal procedure set forth in § 9.39.4, which involve amounts which represent Fifty Thousand Dollars ($50,000) or less annually, whether measured by the disputing Party in terms of actual amounts owed or owing, or as amounts representing its business or other risks or obligations relating to the matter in dispute, will be submitted to binding arbitration pursuant to the provisions of § 9.

Formal Dispute Resolution. 9.4.1 The Parties agree that any disputes not resolved pursuant to the informal procedure set forth in § 9.3, which involve amounts which represent Fifty Thousand Dollars ($50,000) or less annually, whether measured by the disputing Party in terms of actual amounts owed or owing, or as amounts representing its business or other risks or obligations relating to the matter in dispute, will be submitted to binding arbitration pursuant to the provisions of § 9.