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Common use of Rule of law Clause in Contracts

Rule of law. Regardless of any practices of arbitration to the contrary, the arbitrator will apply the rules of contract and other law of the jurisdiction whose law applies to the arbitration so that the decision of the arbitrator will be, as much as possible, the same as if the dispute had been determined by a court of competent jurisdiction.

Appears in 9 contracts

Samples: Merger Agreement (Emaginos Inc.), Merger Agreement (Psychic Friends Network Inc.), Merger Agreement (Yellowwood Acquisition Corp)