Common use of PURPOSE AND EXCLUSIVITY Clause in Contracts

PURPOSE AND EXCLUSIVITY. The purpose of these alternative dispute resolution provisions (“ADR Provisions”) is to provide Seller and Buyer with a mechanism to resolve Disputes, as defined herein, that may develop in the future concerning the subject matter of the Agreement. The Parties agree that these ADR Provisions are the exclusive method to resolve all Disputes and that the goal of both Parties in agreeing to these ADR Provisions is to ensure that all Disputes are resolved in the most expeditious and inexpensive manner possible. All provisions of these ADR Provisions are to be interpreted with that purpose in mind.

PURPOSE AND EXCLUSIVITY. The purpose of these alternative dispute resolution provisions (“ADR Provisions”) is to provide Seller Lessor and Buyer Lessee with a mechanism to resolve Disputes, as defined herein, that may develop in the future concerning the subject matter of the AgreementLease. The Parties agree that these ADR Provisions are the exclusive method to resolve all Disputes and that the goal of both Parties in agreeing to these ADR Provisions is to ensure that all Disputes are resolved in the most expeditious and inexpensive manner possible. All provisions of these ADR Provisions are to be interpreted with that purpose in mind.