Claims And Disputes/Arbitration
17.1 In the event of any controversy or claim
arising out of or relating to this Agreement, or the breach, termination or
validity of it, the parties shall first attempt to resolve the matter over a
period of at least 30 days before resorting to arbitration as described in
Section 17.2 except that equitable remedies may be sought immediately.
17.2 Any
controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration administered by the American
Arbitration Association under its Commercial Arbitration Rules, and judgment on
the award rendered by the arbitrator(s) may be entered in any court having
jurisdiction thereof. Each party shall
be responsible for their own attorney fees.
17.3
The law of the state in which the Hotel is located
shall be the governing law, without regard to such jurisdiction’s conflict of
law principles.
If holding a meeting outside of North America,
use the following:
The parties agree that 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, governed by New
York State law by one or more arbitrators appointed in accordance with the said
Rules. All pleadings will be in English
and the arbitrator will be admitted to practice law in at least one of the
States in the United States.
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