Common use of Choice of Law and Arbitration Clause in Contracts

Choice of Law and Arbitration. 16.1 This Agreement is governed by Danish law, regardless of the consequences of international private law. The application of the United Nations Convention on International Purchasing ("CISG") is excluded. 16.2 In case a dispute regarding a legal or technical question arises between BG and the Customer, either party may request an opinion from an independent expert in accordance with the Rules regarding Legal/Technical Opinions in IT cases adopted by the Danish Institute of Arbitration and in force at the time when such proceedings are commenced. 16.3 If the proceedings according to the Rules regarding Legal/Technical Opinions in IT cases are terminated without a settlement, the dispute shall be settled by arbitration administrated by The Danish Institute of Arbitration in accordance with the rules of arbitration procedure adopted by The Danish Institute of Arbitration and in force at the time when such proceedings are commenced. The arbitral tribunal shall be seated with one arbitrator and the arbitration will take place in Aalborg.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

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Choice of Law and Arbitration. 16.1 17.1 This Agreement is governed by Danish law, regardless of the consequences of international private law. The application of the United Nations Convention on International Purchasing ("CISG") is excluded. 16.2 17.2 In case a dispute regarding a legal or technical question arises between BG and the Customer, either party may request an opinion from an independent expert in accordance with the Rules regarding Legal/Technical Opinions in IT cases adopted by the Danish Institute of Arbitration and in force at the time when such proceedings are commenced. 16.3 17.3 If the proceedings according to the Rules regarding Legal/Technical Opinions in IT cases are terminated without a settlement, the dispute shall be settled by arbitration administrated by The Danish Institute of Arbitration in accordance with the rules of arbitration procedure adopted by The Danish Institute of Arbitration and in force at the time when such proceedings are commenced. The arbitral tribunal shall be seated with one arbitrator and the arbitration will take place in Aalborg.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

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