Common use of Disputes and Damages Clause in Contracts

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.

Appears in 2 contracts

Samples: Property Insurance Agreement, Property Insurance Agreement

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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.

Appears in 2 contracts

Samples: Property Insurance Terms and Conditions, Property Insurance Terms and Conditions

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 0162Xxxxxxx 0000, GeorgiaXxxxxxx, 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.

Appears in 1 contract

Samples: Property Insurance Agreement

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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 su ch 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.

Appears in 1 contract

Samples: Property Insurance Terms and Conditions

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