Disbursement resolution Sample Clauses

The Disbursement Resolution clause establishes the procedures for addressing and resolving issues related to the payment or distribution of funds under an agreement. Typically, it outlines the steps parties must take if there is a dispute or delay in disbursement, such as providing notice, engaging in discussions, or involving a third-party mediator. This clause ensures that any disagreements over payments are handled in an orderly and predictable manner, minimizing disruptions and providing a clear path to resolution.