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Arbitration clause

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Перевод arbitration clause на русский язык

arbitration clause
The contract includes an arbitration clause to handle any potential conflicts.
Контракт включает арбитражную оговорку для урегулирования любых потенциальных конфликтов.

Опеределения

An arbitration clause is a provision in a contract that requires the parties to resolve their disputes through arbitration rather than through litigation in court. This clause typically outlines the process for arbitration, including the selection of arbitrators, the rules governing the arbitration, and the location where the arbitration will take place.