Common use of Dispute Process Clause in Contracts

Dispute Process. 29.1 The Parties agree that any dispute (including an alleged breach of, or default under, any Transaction) will be determined in terms of this clause by written notice given to the other Party in accordance with provisions of the Commercial Code Act - 1977 (S.I. 95 of 1976) of the Republic of Seychelles by an arbitrator or arbitrators nominated by the Parties.