Common use of Deadlock Event Clause in Contracts

Deadlock Event. 22.6.1 If a Deadlock Matter relating to the Delivery Vehicle has been referred to mediation pursuant to Clause 22.5 and the Deadlock Matter has not been resolved within the relevant time period specified in Clause 22.5, then the Deadlock Matter shall crystallise into a "Deadlock Event" in relation to the Delivery Vehicle and the provisions of Clause 24 shall apply.

Appears in 1 contract

Sources: Members' Agreement

Deadlock Event. 22.6.1 19.6.1 If a Deadlock Matter relating to the Delivery Vehicle has been referred to mediation pursuant to Clause 22.5 19.5 and the Deadlock Matter has not been resolved within the relevant time period specified in Clause 22.519.5, then the Deadlock Matter shall crystallise into a "Deadlock Event" in relation to the Delivery Vehicle and the provisions of Clause 24 20 shall apply.

Appears in 1 contract

Sources: Members’ Agreement