Substantive Law. In deciding the substance of the Dispute, the Independent Arbitrator shall refer to the substantive laws of the State of Texas for guidance (excluding choice-of-law principles that might call for the application of the laws of another jurisdiction). Matters relating to arbitration shall be governed by the Federal Arbitration Act.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Lucas Energy, Inc.), Purchase and Sale Agreement (Concho Resources Inc)
Substantive Law. In deciding the substance of the Dispute, the Independent Arbitrator Expert shall refer to the substantive laws of the State of Texas for guidance (excluding choice-of-law principles that might call for the application of the laws of another jurisdiction). Matters relating to arbitration shall be governed by the Federal Arbitration Act.
Appears in 1 contract