Common use of DISPUTERESOLUTION Clause in Contracts

DISPUTERESOLUTION. All or any disputes arising out or touching upon or in relation to the terms and conditions of this Agreement, including the interpretation and validity of the terms thereof and the respective rights and obligations of the Parties, shall be settled amicably by mutual discussion, failing which the same shall be settled through the Adjudicating Officer appointed under the Act. [The other terms and conditions are as per the contractual understanding between the parties, however, the additional terms and conditions are not in derogation of or inconsistent with the terms and conditions set out above or the Act and the Rules and Regulations made there under].

DISPUTERESOLUTION. All or any disputes arising out or touching upon or in relation to the terms and conditions of this Agreement, including the interpretation and validity of the terms thereof and the respective rights and obligations of the Parties, shall be settled amicably by mutual discussion, failing which the same shall be settled through the Adjudicating Officer appointed under the Act. [The other terms and conditions are as per the contractual understanding between the parties, ; however, the additional terms and conditions are not in derogation inderogation of or inconsistent with the terms and conditions set out above or the Act and the Rules and Regulations made there under].