Arbitration, specific performance, and liquidated damages
Arbitration, Specific Performance, and Liquidated Damages Sample Clauses
Arbitration, Specific Performance, and Liquidated Damages. Any dispute concerning the Cash Adjustment(s) under paragraph 4 shall be submitted to a mutually agreeable arbitrator in Tampa, Florida, to be conducted according to procedures mutually acceptable to the parties or, if the parties cannot agree, according to rules of the American Arbitration Association. Any decision of the arbitrator shall be final and binding. The parties stipulate and agree that this Purchase Agreement may not be rescinded and must be specifically performed. The parties further agree that any action concerning specific performance or damages under this Purchase Agreement is within the sole jurisdiction and venue of the Circuit Civil courts of Hillsborough County, Florida. Each party shall bear its own attorney’s fees and costs in any way related to this Purchase Agreement and the performance, arbitration or litigation hereof.