The Uncitral Model Law and Arbitration and Mediation Act Sample Clauses

The Uncitral Model Law and Arbitration and Mediation Act. The establishment and provisions of the Model law is borne out of the necessity to liberalize international commercial arbitration by restricting the scope of the intervention of national courts and to a large extent recognizing the sovereignty of parties to agree on how their differences should be resolved. It is to provide the legal framework for the conduct of international commercial arbitration so that even where parties could not agree on procedural issues, the arbitration could proceed to completion.28 A perusal of the Arbitration and Mediation Act and the Model Law will show the Act is fashioned after the Model law. Section 2 of the Act is almost word for word of Article 7(1) of the Model Law which covers and widens the form of an arbitration agreement which must be expressed in written form. Though it may not be in a single document but in any correspondence whereby the court can infer the intentions of the parties to arbitrate.
Sample 1
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Related to The Uncitral Model Law and Arbitration and Mediation Act

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Dimensions Education Bachelor’s or Master’s Degree in Computer Science, Information Systems, or other related field. Or equivalent work experience. A minimum of 5 years of IT work experience with demonstrated knowledge in architecture design, software development, database management systems and systems integration in multi-platform environments.

  • Indemnification Notwithstanding any contrary provision contained in this Agreement, any election hereunder or any termination of this Agreement, and whether or not this Agreement is otherwise carried out, the provisions of Section 5 shall not be in any way affected by such election or termination or failure to carry out the terms of this Agreement or any part hereof.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Amendments This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.

  • NOW, THEREFORE the parties hereto agree as follows:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

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