ADR Status Sample Clauses
The ADR Status clause defines the current stage or progress of any Alternative Dispute Resolution (ADR) process between the parties. It typically outlines whether ADR has been initiated, is ongoing, or has been completed, and may specify the type of ADR being used, such as mediation or arbitration. By clearly stating the status, this clause helps both parties track dispute resolution efforts and ensures transparency, reducing misunderstandings about the resolution process and next steps.
ADR Status. Solely for the limited purpose of compliance with the pedigree requirements of the Prescription Drug Marketing Act and any similar state laws, ICS shall be considered an “Authorized Distributor of Record” for the Products and a third party logistics provider who does not take title to Product or have general responsibility to direct the Product’s sale or disposition. The foregoing shall not be construed in a manner that results in ICS being considered a distributor or wholesaler for any other purpose or under any other law or regulation.
ADR Status. Supplier should obtain an ADR status from each manufacturer for Products supplied to a Member as a result of transactions processed by SOSRx platform.