Common use of Governing Law, Arbitration and Venue Clause in Contracts

Governing Law, Arbitration and Venue. 17.1 This Purchase Agreement will be construed in accordance with and governed solely by the laws of the State of New Jersey, USA, without regard to its conflict of laws rules. Any dispute arising out of this Purchase Agreement shall be resolved by arbitration administered and resolved by the American Arbitration Association (“AAA”) by a single arbitrator in accordance with the Commercial Arbitration Rules of the AAA, including the Optional Rules for Emergency Measures of Protection, in effect at the time the arbitration is commenced (except as modified herein). Any arbitration or award shall issue within one (1) year from the date claimant filed its notice of intention to arbitrate (i.e. the demand), and the arbitrator shall agree to comply with this schedule before accepting appointment. Any evidentiary hearing shall be held on consecutive hearing days. Any monetary award in the arbitration initiated under this clause shall include pre-award interest at the rate of one and a half percent (1.5%) per month from the time of the acts giving rise to the award. Judgment on the award rendered by the arbitrator may be entered in any court having appropriate jurisdiction.

Appears in 3 contracts

Samples: Sensor Scientific Purchase Order Terms and Conditions, Sensor Scientific Purchase Order Terms and Conditions, Sensor Scientific Purchase Order Terms and Conditions

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Governing Law, Arbitration and Venue. 17.1 17.1. This Purchase Agreement will be construed in accordance with and governed solely by the laws of the State of New Jersey, USA, without regard to its conflict of laws rules. Any dispute arising out of this Purchase Agreement shall be resolved by arbitration administered and resolved by the American Arbitration Association (“AAA”) by a single arbitrator in accordance with the Commercial Arbitration Rules of the AAA, including the Optional Rules for Emergency Measures of Protection, in effect at the time the arbitration is commenced (except as modified herein). Any arbitration or award shall issue within one (1) year from the date claimant filed its notice of intention to arbitrate (i.e. the demand), and the arbitrator shall agree to comply with this schedule before accepting appointment. Any evidentiary hearing shall be held on consecutive hearing days. Any monetary award in the arbitration initiated under this clause shall include pre-award interest at the rate of one and a half percent (1.5%) per month from the time of the acts giving rise to the award. Judgment on the award rendered by the arbitrator may be entered in any court having appropriate jurisdiction.

Appears in 1 contract

Samples: Sensor Scientific Purchase Order Terms and Conditions

Governing Law, Arbitration and Venue. 17.1 This Purchase Agreement will be construed in accordance with and governed solely by the laws of the State of New JerseyYork, USA, without regard to its conflict of laws rules. Any dispute arising out of this Purchase Agreement shall be resolved by arbitration administered and resolved by the American Arbitration Association (“AAA”) by a single arbitrator in accordance with the Commercial Arbitration Rules of the AAA, including the Optional Rules for Emergency Measures of Protection, in effect at the time the arbitration is commenced (except as modified herein). Any arbitration or award shall issue within one (1) year from the date claimant filed its notice of intention to arbitrate (i.e. the demand), and the arbitrator shall agree to comply with this schedule before accepting appointment. Any evidentiary hearing shall be held on consecutive hearing days. Any monetary award in the arbitration initiated under this clause shall include pre-award interest at the rate of one and a half percent (1.5%) per month from the time of the acts giving rise to the award. Judgment on the award rendered by the arbitrator may be entered in any court having appropriate jurisdiction.

Appears in 1 contract

Samples: Heraeus Purchase Order Terms and Conditions

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Governing Law, Arbitration and Venue. 17.1 This Purchase Agreement will be construed in accordance with and governed solely by the laws of the State of New JerseyIndiana, USA, without regard to its conflict of laws rules. Any dispute arising out of this Purchase Agreement shall be resolved by arbitration administered and resolved by the American Arbitration Association (“AAA”) by a single arbitrator in accordance with the Commercial Arbitration Rules of the AAA, including the Optional Rules for Emergency Measures of Protection, in effect at the time the arbitration is commenced (except as modified herein). Any arbitration or award shall issue within one (1) year from the date claimant filed its notice of intention to arbitrate (i.e. the demand), and the arbitrator shall agree to comply with this schedule before accepting appointment. Any evidentiary hearing shall be held on consecutive hearing days. Any monetary award in the arbitration initiated under this clause shall include pre-award interest at the rate of one and a half percent (1.5%) per month from the time of the acts giving rise to the award. Judgment on the award rendered by the arbitrator may be entered in any court having appropriate jurisdiction.

Appears in 1 contract

Samples: Kulzer Purchase Order Terms and Conditions

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