Disputes and Damages. 11.1 Any dispute arising between the Parties shall be settled by agreement of the Parties and if the Parties fail to reach such agreement, the dispute shall be settled in compliance with the Georgian legislation by court of Georgia.
11.2 Disputes arisen in connection with this Contract shall be referred to the mediator of the Georgian Insurance Association’s “Insurance Mediation” on hot line: (+000 00) 0 000 000, or at address: 00 Xxxxxxxxxx xx. Tbilisi 0162, Georgia, or email: xxxxxxxx@xxxxxxxxx.xxx.xx. The costs of the mediation are financed by the member fees of the Georgian Insurance Association.
11.3 Each Party shall indemnify the loss inflicted to the other Party through its action according to the procedure provided by Georgian legislation.
Disputes and Damages. 8 Article 12. Force-majeure..................................................................................... 8 Article 13. Validity Period of Agreement ............................................................... 8