Common use of WAIVER OR DEFAULT Clause in Contracts

WAIVER OR DEFAULT. Failure of ▇▇▇▇▇▇▇ to enforce any provision of this Agreement or to terminate it because of a breach hereof shall not be deemed to be a waiver of such provisions or of any breach committed by Producer ALTERNATIVE DISPUTE RESOLUTION The parties to this Agreement hereby express that all disputes, controversies or claims of any kind and nature between the parties hereto, arising out of any or in any way related to this Agreement, its interpretation, performance or breach, shall be resolved exclusively by the following alternative dispute resolution mechanism