Hotel Management Agreement Draft Page 14
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17COMPLIANCE WITH LAWS AND REGULATIONS
1. The Operator shall comply with and abide by all applicable laws,
regulations and ordinances from time to time in force.
PART XIV
LIABILITY AND MUTUAL INDEMNITY
1.
Nothing contained herein shall be construed to make the Parties
hereto partners or joint ventures or to render either Party hereto
liable except as herein expressly provided.
2.
The Operator shall at all times keep ABC sufficiently indemnified
against all liabilities (including Income Tax, Sales Tax and other tax
liabilities), debts or obligations of the Operator and against all
actions, suits, proceedings, claims, demands, costs and expenses
whatsoever, which may be taken or made against ABC in respect
thereof.
PART XV
DISPUTE RESOLUTION
1.
The Parties shall consult each other and settle amicably all
the matters which arise from interpretation of the provisions
of this Agreement and other matters arising therefrom.
2.
In the event of any dispute or difference between the parties
hereto on the construction of any clause herein contained or
rights, duties and liabilities of the Parties hereto arising out
of this Agreement including any account valuation, division,
debts or liabilities to be made under this Agreement, the
same shall be referred to a Sole Arbitrator to be mutually
agreed upon by the Parties, or if no such agreement can be
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