Settlements of Disputes. 1. Any dispute, controversy or claim arising out of or relating to the contract, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the arbitration law at present in force of which the Parties have taken due notice. 2. The Parties agree to be bound by any decision delivered by the arbitrator(s) as the final settlement not liable to other proceedings before any other international or national arbitration commission or court of law, or any such dispute, controversy or claim.
Appears in 3 contracts
Sources: Supply Agreement, Contract Agreement, Contract Agreement
Settlements of Disputes. 1. 14.1 Any dispute, controversy or claim arising out of or relating to the contract, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the arbitration law at present in force of which the Parties have taken due notice.
2. 14.2 The Parties agree to be bound by any decision delivered by the arbitrator(s) as the final settlement not liable to other proceedings before any other international or national arbitration commission or court of law, or any such dispute, controversy or claim.
Appears in 1 contract
Sources: Contract Agreement