Asia. The Governing Law of this Agreement, including this arbitration clause, is the laws of the Republic of Singapore. Any Dispute shall be submitted to and finally settled by binding arbitration administered by the Singapore International Arbitration Centre ("SIAC") in accordance with the SIAC’s rules currently in force, which rules are deemed to be incorporated by reference to this clause. The seat and venue of any arbitration shall be Singapore and conducted in English. Unless the Parties agree in writing to a sole arbitrator, any arbitration shall be conducted before a panel of three arbitrators (the “Tribunal”), one arbitrator to be appointed by each party and the third will be selected by the President of SIAC. Either Party may apply to the Tribunal seeking injunctive relief until a final Award is rendered or the Dispute is otherwise resolved. Either Party also may, without waiving any remedy under this Agreement, seek from any court of competent jurisdiction any interim or provisional relief that is necessary to protect the rights or property of that Party, pending the establishment of the Tribunal (or pending the Tribunal’s determination of the merits of the Dispute). Any arbitration award rendered by the Tribunal (an “Award”) shall include a reasoned opinion. Any Award shall be final and binding upon the Parties, and judgment may be entered on the Award in any court of competent jurisdiction. For the purposes of this section, Dispute shall mean: any disputes, claims, questions or disagreements arising out of or in respect of this Agreement, including as to its interpretation, validity, determination of the scope, termination or applicability of adjudicative process (each a “Dispute”).
Appears in 2 contracts
Samples: QNX Development License Agreement, QNX Development License Agreement
Asia. The Governing Law of this Agreement, including this arbitration clause, is the laws of the Republic of Singapore. Any Dispute shall be submitted to and finally settled by binding arbitration administered by the Singapore International Arbitration Centre ("SIAC") in accordance with the SIAC’s rules currently in force, which rules are deemed to be incorporated by reference to this clause. The seat and venue of any arbitration shall be Singapore and conducted in English. Unless the Parties parties agree in writing to a sole arbitrator, any arbitration shall be conducted before a panel of three arbitrators (the “Tribunal”), one arbitrator to be appointed by each party and the third will be selected by the President of SIAC. Either Party party may apply to the Tribunal seeking injunctive relief until a final Award is rendered or the Dispute is otherwise resolved. Either Party party also may, without waiving any remedy under this Agreement, seek from any court of competent jurisdiction any interim or provisional relief that is necessary to protect the rights or property of that Partyparty, pending the establishment of the Tribunal (or pending the Tribunal’s determination of the merits of the Dispute). Any arbitration award rendered by the Tribunal (an “Award”) shall include a reasoned opinion. Any Award shall be final and binding upon the Partiesparties, and judgment may be entered on the Award in any court of competent jurisdiction. For the purposes of this section, Dispute shall mean: any disputes, claims, questions or disagreements arising out of or in respect of this Agreement, including as to its interpretation, validity, determination of the scope, termination or applicability of adjudicative process (each a “Dispute”).
Appears in 1 contract
Samples: QNX Development License Agreement
Asia. The Governing Law of this Agreement, including this arbitration clause, is the laws of the Republic of Singapore. Any Dispute shall be submitted to and finally settled by binding arbitration administered by the Singapore International Arbitration Centre ("SIAC") in accordance with the SIAC’s rules currently in force, which rules are deemed to be incorporated by reference to this clause. The seat and venue of any arbitration shall be Singapore and conducted in English. Unless the Parties agree in writing to a sole arbitrator, any arbitration shall be conducted before a panel of three arbitrators (the “Tribunal”), one arbitrator to be appointed by each party Party and the third will be selected by the President of SIAC. Either Party may apply to the Tribunal seeking injunctive relief until a final Award is rendered or the Dispute is otherwise resolved. Either Party also may, without waiving any remedy under this Agreement, seek from any court of competent jurisdiction any interim or provisional relief that is necessary to protect the rights or property of that Party, pending the establishment of the Tribunal (or pending the Tribunal’s determination of the merits of the Dispute). Any arbitration award rendered by the Tribunal (an “Award”) shall include a reasoned opinion. Any Award shall be final and binding upon the Parties, and judgment may be entered on the Award in any court of competent jurisdiction. For the purposes of this section, Dispute shall mean: any disputes, claims, questions or disagreements arising out of or in respect of this Agreement, including as to its interpretation, validity, determination of the scope, termination or applicability of adjudicative process (each a “Dispute”).
Appears in 1 contract
Samples: QNX Development License Agreement