Common use of Disputes Under Stock Purchase Agreement Clause in Contracts

Disputes Under Stock Purchase Agreement. All disputes arising under this Agreement shall be governed by and interpreted in accordance with the laws of the State of Nevada in the United States of America, without regard to principles of conflict of laws. The parties to this Agreement shall submit all disputes arising under this Agreement to arbitration in Las Vegas, Nevada before a single arbitrator of the American Arbitration Association (the “AAA"). The arbitrator shall be selected by application of the rules of the AAA, or by mutual agreement of the parties, except that such arbitrator shall be an attorney admitted to practice law in the State of Nevada. No party hereto will challenge the jurisdiction or venue provisions as provided in this section. Nothing in this section shall limit the Holder's right to obtain an injunction for a breach of this Agreement from a court of law. Any injunction obtained shall remain in full force and effect until the arbitrator, as set forth in herein, fully adjudicates the dispute.

Appears in 2 contracts

Samples: Participation Agreement (Mondial Ventures, Inc.), Asset Purchase Agreement (Mondial Ventures, Inc.)

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Disputes Under Stock Purchase Agreement. All disputes arising under this Agreement shall be governed by and interpreted in accordance with the laws of the State of Nevada in the United States of America, without regard to principles of conflict of laws. The parties to this Agreement shall submit all disputes arising under this Agreement to arbitration in Las Vegas, Nevada before a single arbitrator of the American Arbitration Association (the “AAA"). The arbitrator shall be selected by application of the rules of the AAA, or by mutual agreement of the parties, except that such arbitrator shall be an attorney admitted to practice law in the State of Nevada. No party hereto will challenge the jurisdiction or venue provisions as provided in this section. Nothing in this section shall limit the Holder's right to obtain an injunction for a breach of this Agreement from a court of law. Any injunction obtained shall remain in full force and effect until the arbitrator, as set forth in herein, fully adjudicates the dispute.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Mondial Ventures Inc), Assignment and Bill of Sale (Egpi Firecreek, Inc.)

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Disputes Under Stock Purchase Agreement. All disputes arising under this Agreement shall be governed by and interpreted in accordance with the laws of the State of Nevada in the United States of AmericaNevada, without regard to principles of conflict of laws. The parties to this Agreement shall submit all disputes arising under this Agreement to arbitration in Las Vegas, Nevada before a single arbitrator of the American Arbitration Association (the “AAA"). The arbitrator shall be selected by application of the rules of the AAA, or by mutual agreement of the parties, except that such arbitrator shall be an attorney admitted to practice law in the State of Nevada. No party hereto will challenge the jurisdiction or venue provisions as provided in this section. Nothing in this section shall limit the Holder's right to obtain an injunction for a breach of this Agreement from a court of law. Any injunction obtained shall remain in full force and effect until the arbitrator, as set forth in herein, fully adjudicates the dispute.

Appears in 1 contract

Samples: Series D Convertible Preferred Stock Purchase Agreement (Egpi Firecreek, Inc.)

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