Common use of Applicability; Selection of Arbitrators Clause in Contracts

Applicability; Selection of Arbitrators. (a) Except as otherwise expressly provided in Sections 2.5, 4.4, 7.4 and Article 13 of this Agreement, any dispute arising out of or in connection with this Agreement, or its performance including the existence and validity of this Agreement, which cannot be resolved after discussion between the Parties as set forth herein shall be submitted to binding arbitration.

Appears in 4 contracts

Samples: Power Purchase and Sale Agreement (Oglethorpe Power Corp), Power Purchase and Sale Agreement (Lg&e Energy Corp), Power Purchase and Sale Agreement (Lg&e Energy Corp)

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Applicability; Selection of Arbitrators. (a) Except as otherwise expressly provided in Sections 2.5, 4.4, Section 7.4 and Article 13 of this Agreement, any dispute arising out of or in connection with this Agreement, or its performance including the existence and validity of this Agreement, which cannot be resolved after discussion between the Parties as set forth herein shall be submitted to binding arbitration; provided that where this Agreement provides a specific remedy the arbitrators' authority shall be limited to enforcing the specific remedies. The foregoing shall not limit a Party's rights to elect remedies in accordance with Section 7.4.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement (Oglethorpe Power Corp)

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