Common use of GOVERNING LAW, SETTLEMENT OF DISPUTES Clause in Contracts

GOVERNING LAW, SETTLEMENT OF DISPUTES. Parties shall agree to settle the disputes relating to the framework contract primarily via amicable negotiation. Failing such settlement in any disputes arising from or relating to the contract or its breach, termination, validity or interpretation, both parties hereby agree to subject themselves to the exclusive jurisdiction of the Arbitration Court in the Energy (Budapest), provided that the Court of Arbitration proceeds according to its own Rules of Procedure. The number of arbitrators shall be three. The language of procedure shall be Hungarian.

GOVERNING LAW, SETTLEMENT OF DISPUTES. Parties shall agree to settle the disputes relating to the framework contract primarily via amicable negotiation. Failing such settlement in any disputes arising from or relating to the contract or its breach, termination, validity or interpretation, both parties hereby agree to subject themselves to the exclusive jurisdiction of the Arbitration Court in the Energy (Budapest), provided that the Court of Arbitration proceeds according to its own Rules of Procedure. The number of arbitrators shall be three. The language of procedure shall be Hungarian.

GOVERNING LAW, SETTLEMENT OF DISPUTES. The Parties shall agree to settle the disputes relating to the framework contract this Contract primarily via amicable negotiation. Failing such settlement in any disputes arising from or relating to the contract this Contract or its breach, termination, validity or interpretation, both parties hereby agree to subject themselves to the exclusive jurisdiction of the Arbitration Court in the Energy (Budapest), provided that the Court of Arbitration proceeds according to its own Rules of Procedure. The number of arbitrators shall be three. The language of procedure shall be Hungarian.

GOVERNING LAW, SETTLEMENT OF DISPUTES. The Parties shall agree to settle the disputes relating to the framework contract Contract primarily via amicable negotiation. Failing such settlement in any disputes arising from or relating to the contract or its breach, termination, validity or interpretation, both parties hereby agree to subject themselves to the exclusive jurisdiction of the Energy Arbitration Court in the Energy (Budapest), provided that the Court of Arbitration proceeds according to its own Rules of Procedure. The number of arbitrators shall be three. The language of procedure shall be Hungarian.

GOVERNING LAW, SETTLEMENT OF DISPUTES. Parties shall agree to settle the disputes relating to the framework contract Contract primarily via amicable negotiation. Failing such settlement in any disputes arising from or relating to the contract Contract or its breach, termination, validity or interpretation, both parties Parties hereby agree to subject themselves to the exclusive jurisdiction of the Energy Arbitration Court in the Energy (Budapest), provided that the Court of Arbitration proceeds according to its own Rules of Procedure. The number of arbitrators shall be three. The language of procedure shall be Hungarian.