PURCHASE AND SUPPLY AGREEMENT - YAZAKI Europe
PURCHASE AND SUPPLY AGREEMENT - YAZAKI Europe
PURCHASE AND SUPPLY AGREEMENT - YAZAKI Europe
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20. ARBITRATION<br />
This agreement shall be performed by the BUYER and the SELLER with sincerity.<br />
Any questions arising in connection with this agreement, which are not resolved by<br />
the clauses of this agreement shall be promptly resolved through good faith<br />
discussion between both parties.<br />
Any claims, differences or disputes arising out of or in connection with this<br />
Agreement (Dispute), including any questions regarding its existence, validity,<br />
termination or its performance, or in connection with arrangements regarding the<br />
performance of this Agreement shall be settled by an amicable effort on the part of<br />
the Parties affected. An attempt to arrive at a settlement shall be deemed to have<br />
failed as soon as one of the Parties so notifies the other Party in writing.<br />
If an attempt at settlement has failed, the Dispute shall be finally settled under the<br />
Rules of Conciliation and Arbitration of the International Chamber of Commerce in<br />
Paris (Rules) by three (3) arbitrators appointed in accordance with the Rules. (If<br />
there are two (2) or more defendants, any nomination of an arbitrator by or on<br />
behalf of such defendants must be by joint agreement between them. If such<br />
defendants fail, within the time-limit specified by the Rules, to agree on such joint<br />
nomination, the proceedings against each of them must be separated.)<br />
The seat of arbitration shall be ........ The procedural law of ...... shall apply where<br />
the Rules are silent.<br />
The language to be used in the arbitration proceedings shall be English.<br />
21. VIENNA TREATY<br />
The UN convention on Contracts for the International Sale of Goods (Vienna Treaty)<br />
will not be applicable to the present agreement and its mutually agreed additional<br />
terms and conditions.<br />
22. INDEPENDENCE OF THE CLAUSES<br />
If any of the clauses or provisions contained in the present agreement should be<br />
declared null and void, this nullity shall not affect the other provisions or clauses<br />
thereof.<br />
23. NO IMPLIED WAIVER<br />
The failure of either party at any time to require performance by the other party of any<br />
provision of an Order shall in no way affect the right to require such performance at<br />
any time thereafter, nor shall the waiver by either party of a breach of any provision of<br />
an Order constitute a waiver of any succeeding breach of the same or any other<br />
provision.<br />
24. ADJUSTMENTS TO THE <strong>PURCHASE</strong> <strong>AND</strong> <strong>SUPPLY</strong> <strong>AGREEMENT</strong><br />
Any adjustments to this agreement, agreed upon between the SELLER and the<br />
BUYER, shall be stipulated in Attachment “A”. These adjustments shall prevail over<br />
the contents of the clauses, stipulated in this agreement.<br />
YEL-SMA-F20, Rev.1 1-Oct-2011 14 of 14 Yazaki <strong>Europe</strong> Ltd.<br />
2011 (C) COPYRIGHT BY <strong>YAZAKI</strong> EUROPE LTD. ANY REPRODUCTION OR DISCLOSURE IS PROHIBITED WITHOUT PRIOR WRITTEN CONSENT OF <strong>YAZAKI</strong>