Common use of Governing Laws and Settlement of Disputes Clause in Contracts

Governing Laws and Settlement of Disputes. Any dispute(s) in connection with this Limited Warranty, including but not limited to the existence, validity, breach, or termination, shall be settled following the mutually agreed methods for dispute settlement specified in the Sales Contract signed by and between the Parties. In case of any disagreement on the liability judgment for the warranty claims, the Customer and Aiko Energy, as a result of this, explicitly agree to entrust one of the authoritative test organizations, such as Fraunhofer ISE in Freiburg, TÜV Rheinland, TÜV SÜD, CSA, UL, CQC, and CGC for testing. And these test organizations can be invited to make the final verdict on the claims. All expenses incurred in entrusting a third-party test organization for testing shall be borne by the Defaulting Party unless otherwise stipulated in the final verdict or award for dispute settlement. Aiko Energy reserves the right of final interpretation of the Limited Warranty.