Common use of Settlement of Disputes Clause in Contracts

Settlement of Disputes. Contracting Parties shall use their best efforts to settle any disputes related to this Agreement amicably. The Parties shall refer any disputed matters they are unable to resolve amicably to the court with jurisdiction and competence pursuant to the general rules relating to jurisdiction and competence set out in the Act on Civil Procedure. For any issues not regulated by the present Agreement, the rules of the pertinent law and the Civil Code of Hungary shall prevail.