BANI Clause Samples

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BANI. In the event that such disputes cannot be settled amicably within sixty (60) days, then the dispute shall be submitted to the Indonesian National Board of Arbitration (or "BANI") in Jakarta in accordance with rules and procedures of BANI. The governing law shall be the Indonesian law, while the proceeding language shall be in Bahasa Indonesia.
BANI. In the event the dispute is unable to be resolved deliberately within 60 (sixty) days, it shall be referred to the Indonesian National Board of Arbitration /BANI in Jakarta in accordance with the rules and procedures of BANI.