Common use of Choice of Arbitration Clause in Contracts

Choice of Arbitration. Subject to section 11.11 below, any claim arising in respect of the present Agreement which is challenged, any controversy or dispute regarding the execution of the present Agreement, including its annulment, as well as any dispute with regard to the interpretation or application of the present Agreement must be submitted to arbitration to the exclusion of the courts, the whole in accordance with the procedure hereinafter established.

Choice of Arbitration. Subject to section 11.11 8.11 below, any claim Claim arising in respect of the present this Agreement which is challenged, any controversy or dispute regarding the execution of the present this Agreement, including its annulment, as well as any dispute with regard to the interpretation or application of the present this Agreement must be submitted to arbitration to the exclusion of the courts, the whole in accordance with the procedure hereinafter established.