Applicable Law and Arbitration. (a) This Agreement shall be governed by and interpreted in accordance with the Laws of England for the time being in force. (b) Any dispute, claim or violation which may arise under this Agreement shall be settled by arbitration in London in accordance with the Rules of the London Maritime Arbitrators Association, the Laws of England and the Arbitration Act of 1979 or any statutory modification or reenactment thereof for the time being in force. Unless the Parties in the dispute agree on the appointment of a single arbitrator, the matter in dispute shall be referred to the decision of two arbitrators, one to be appointed by the Party complaining and the other by the Party complained against, with the power to such arbitrators to choose an umpire. If the arbitrators cannot agree upon the umpire within four (4) weeks after their appointment, the umpire shall be nominated by the Chairman of the London Maritime Arbitrators Association unless otherwise agreed between the Party complaining and the Party complained against. If either of the Parties fails to appoint an arbitrator within twenty-one
Appears in 6 contracts
Samples: Equipment Repositioning Agreement, Zim/Mol Equipment Repositioning Agreement, Equipment Repositioning Agreement
Applicable Law and Arbitration. (a) This Agreement shall be governed by and interpreted in accordance with the Laws of England for the time being in force.
(b) Any dispute, claim or violation which may arise under this Agreement shall be settled by arbitration in London in accordance with the Rules of the London Maritime Arbitrators Association, the Laws of England and the Arbitration Act of 1979 or any statutory modification or reenactment thereof for the time being in force. Unless the Parties in the dispute agree on the appointment of a single arbitrator, the matter in dispute shall be referred to the decision of two arbitrators, one to be appointed by the Party complaining and the other by the Party complained against, with the power to such arbitrators to choose an umpire. If the arbitrators cannot agree upon the umpire within four (4) weeks after their appointment, the umpire shall be nominated by the Chairman of the London Maritime Arbitrators Association unless otherwise agreed between the Party complaining and the Party complained against. If either of the Parties fails to appoint an arbitrator within twenty-one
Appears in 2 contracts
Samples: Slot Charter Agreement, Slot Charter Agreement
