Common use of ARBITRATION AND APPLICABLE LAW Clause in Contracts

ARBITRATION AND APPLICABLE LAW. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach or termination of this Agreement, shall be settled by arbitration in accordance with the rules of the American Arbitration Association then in effect. Judgment upon the award rendered by the arbitrators may be entered in any court having jurisdiction. In any arbitration pursuant to this Section 11.2, the award shall be rendered by a majority of the members of a board of arbitration consisting of three members, one being appointed by each party and the third being appointed by mutual agreement of the two arbitrators appointed by the parties. The place of arbitration shall be Chicago, Illinois. The arbitrators shall apply the law of the State of New York (regardless of that jurisdiction's or any other jurisdiction's choice of law principles).

Appears in 2 contracts

Samples: Promotion Agreement (Mgi Pharma Inc), Promotion Agreement (Mgi Pharma Inc)

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ARBITRATION AND APPLICABLE LAW. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach or termination of this Agreement, shall be settled by arbitration in accordance with the rules of the American Arbitration Association then in effect. Judgment upon the award rendered by the arbitrators may be entered in any court having jurisdiction. In any arbitration pursuant to this Section SECTION 11.2, the award shall be rendered by a majority of the members of a board of arbitration consisting of three members, one being appointed by each party and the third being appointed by mutual agreement of the two arbitrators appointed by the parties. The place of arbitration shall be Chicago, Illinois. The arbitrators shall apply the law of the State of New York (regardless of that jurisdiction's or any other jurisdiction's choice of law principles). 17 SECTION 11.3.

Appears in 1 contract

Samples: Promotion Agreement (Connetics Corp)

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ARBITRATION AND APPLICABLE LAW. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach or termination of this Agreement, shall be settled by arbitration in accordance with the rules of the American Arbitration Association then in effect. Judgment upon the award rendered by the arbitrators may be entered in any court having jurisdiction. In any arbitration pursuant to this Section SECTION 11.2, the award shall be rendered by a majority of the members of a board of arbitration consisting of three members, one being appointed by each party and the third being appointed by mutual agreement of the two arbitrators appointed by the parties. The place of arbitration shall be Chicago, Illinois. The arbitrators shall apply the law of the State of New York (regardless of that jurisdiction's or any other jurisdiction's choice of law principles).

Appears in 1 contract

Samples: Promotion Agreement (Connetics Corp)

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