Common use of SETTLEMENT OF DISPUTES AND APPLICABLE LAW Clause in Contracts

SETTLEMENT OF DISPUTES AND APPLICABLE LAW. 15.1 Any dispute arising from, out of the implementation of, or in connection with this Agreement shall be settled through friendly consultation between the Parties. In the event that no settlement of the dispute can be reached through consultation within sixty (60) days following the date on which a written request for consultation by any Party, the dispute shall be submitted by the claimant (the “Claimant”) to the Arbitration Institute of the Stockholm Chamber of Commerce in Stockholm, Sweden and be finally settled by arbitration in accordance with the Rules of the Arbitration Institute of the Stockholm Chamber of Commerce as in effect on the date of arbitration.

SETTLEMENT OF DISPUTES AND APPLICABLE LAW. 15.1 Any dispute arising from, out of the implementation of, or in connection with this Agreement shall be settled through friendly consultation between the Parties. In the event that no settlement of the dispute can be reached through consultation within sixty (60) days [...***...] following the date on which a written request for consultation by any Party, the dispute shall be submitted by the claimant (the “"Claimant”") to the Arbitration Institute of the Stockholm Chamber of Commerce in Stockholm, Sweden and be finally settled by arbitration in accordance with the Rules of the Arbitration Institute of the Stockholm Chamber of Commerce as in effect on the date of arbitration.