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14.7 It is further agreed that any controversy, claims and/or disputes arising out of and/or relating to any part of the whole of this agreement or breach thereof and which is not settled between the signatories themselves, shall be settled and binding by and through an arbitration in accordance with the rules of the International Chamber of Commerce and Foreign Trade. Any decision and or award made by the arbitrators shall be final, conclusive and binding for the Parties and enforceable in the Court of Law in the country of choice of an award by the arbitrators.14.8 This Agreement shall be binding upon the Parties hereto and in any case of individual Parties, their respective heirs, administrators and executors and in case of all corporate parties, their successors and assigns.In witness thereof, the parties hereto have executed this Contract to be effective as of the day, month and year first above written.Signed By:BARR. FAZELFARD MAHDI Date:---------------, 2016Name of Lender s WitnessSigned By:MR. FAROUCK SHUBAILY Date:------------------, 2016Name of LenderSigned By:MR. ABDUL RAHMAN Date-----------------,2016Name of Borrower
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