ICC Rules. In the event a Dispute has not been resolved pursuant to the procedure set forth in Section 13.11(a), all Disputes arising under or in connection with this Agreement or any breach, invalidity or termination hereof shall be finally settled under the Rules of Conciliation and Arbitration of the International Chamber of Commerce (the "ICC Rules") by one or more arbitrators appointed in accordance with the ICC Rules. The seat of the arbitration shall be in Brussels, Belgium. The arbitration proceedings shall be conducted, and the award shall be rendered in writing, in the English language. Except to the extent allowed by the ICC Rules for the sole purpose of seeking interim relief, no party shall be entitled to commence proceedings before the courts of any jurisdiction, in connection with the conduct of the arbitration proceedings, provided that the parties shall be free to commence proceedings before such courts for the purpose of enforcing any arbitral award.
Appears in 2 contracts
Sources: Stock Purchase Agreement (MS Acquisition), Stock Purchase Agreement (Aetna Industries Inc)