Subsequent Arbitration Clause Samples
The Subsequent Arbitration clause establishes the procedure for resolving disputes that arise after an initial arbitration has already taken place. Typically, this clause outlines the conditions under which parties may initiate a new arbitration proceeding, such as when new issues emerge or when compliance with the original arbitration award is contested. By providing a clear framework for handling ongoing or additional disputes, the clause ensures that unresolved matters can be efficiently addressed, thereby maintaining continuity and reducing the risk of protracted legal uncertainty.
Subsequent Arbitration. In the event an Arbitration is commenced between the parties and an Arbitration Award is entered and then a subsequent dispute arises between the parties, then such subsequent dispute shall be heard by the Arbitrator chosen to conduct the initial Arbitration and the the subsequent Arbitration shall be deemed a continuance of the original Arbitration.
Subsequent Arbitration. If there is no bilateral treaty regarding litigation and enforcement between the states where the parties are located, each party consents to all disputes arising out of or in connection with this Agreement shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules and such arbitration shall be final binding and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The place of the arbitration shall be as set forth in section 15.2, and the arbitration language shall be German.
Subsequent Arbitration. Only if this Agreement is executed by parties located in different countries and such countries have no bilateral treaty regarding litigation and enforcement in place, each party consents to all disputes arising out of or in connection with this Agreement shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules and such arbitration shall be final binding and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The place of arbitration shall be where the Company as specified in the PO is located, and the arbitration language shall be English.