Disputes; Governing Law. Should any dispute occur between the parties arising out of or related to this PO or otherwise, or their rights and responsibilities to each other, the matter shall be settled and determined by arbitration before a single arbitrator agreed on by the parties (or in default of agreement, selected by the President or Vice-President for the time being of the Law Society of Scotland) and conducted in accordance with the Arbitration (Scotland) Act 2010 or any statutory modification or re- enactment thereof for the time being in force, and the decision of such person (including any decision as to the costs of such arbitration) shall be binding on both parties, who hereby consent to the registration of any decrees arbitral, interim and final, to be pronounced hereunder for preservation and execution, except the arbitrator will not be authorised to award punitive damages to either party. Unless otherwise agreed, the arbitration shall be held in Dundee, Scotland. This agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of Scotland.
Appears in 4 contracts
Samples: Purchase Order Agreement, Purchase Order Agreement, Purchase Order Agreement
