Common use of Disputes Involving Other Parties Clause in Contracts

Disputes Involving Other Parties. The parties acknowledge that various third parties may agree that the jurisdiction of the DRB shall extend to disputes affecting such third parties. In general, such disputes shall be heard by the three DRB Members, appointed as described above, in accordance with the terms of the Contract, this DRB Agreement, and the contract between the Authority and such third parties (“Such Third Parties”). However, to the extent that the following rights are provided to Such Third Parties by the Authority, the Parties agree that the membership of the DRB may be modified with respect to disputes involving Such Third Parties, as follows:

Appears in 9 contracts

Samples: Standard Agreement, Registration Number, Standard Agreement

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