Common use of Settlement of Disputes between the Contracting Parties Clause in Contracts

Settlement of Disputes between the Contracting Parties. 1) Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Parties have otherwise agreed, be submitted, at the request of either Party, to an arbitral tribunal composed of three members. Each Party shall appoint one arbitrator and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Party.

Appears in 2 contracts

Samples: Agreement, Agreement

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Settlement of Disputes between the Contracting Parties. 1) . Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Parties have otherwise agreed, be submitted, at the request of either Party, to an arbitral tribunal tribunal, composed of three members. Each Party shall appoint one arbitrator arbitrator. A third arbitrator, who shall be the chairperson of the tribunal, and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Party, shall be appointed by agreement of the Parties.

Appears in 2 contracts

Samples: edit.wti.org, edit.wti.org

Settlement of Disputes between the Contracting Parties. 1) . Any dispute between the Contracting Parties concerning the application or interpretation or application of the present this Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiationsnegotiations between the Contracting Parties, shall, unless the Contracting Parties have otherwise agreed, be submitted, at the request of either Contracting Party, to an arbitral tribunal tribunal, composed of three members. Each Contracting Party shall appoint one arbitrator member of the tribunal and the these two arbitrators members thus appointed shall together appoint a third arbitrator member of the tribunal as their chairman Chairman who is not a national of either Contracting Party.

Appears in 1 contract

Samples: Agreement

Settlement of Disputes between the Contracting Parties. 1) . Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Contracting Parties have otherwise agreed, be submitted, at the request of either Contracting Party, to an arbitral tribunal tribunal, composed of three members. Each Contracting Party shall appoint one arbitrator and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of or either Contracting Party.

Appears in 1 contract

Samples: edit.wti.org

Settlement of Disputes between the Contracting Parties. (1) Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Contracting Parties have otherwise agreed, be submitted, at the request of either Contracting Party, to an arbitral tribunal tribunal, composed of three members. Each Contracting Party shall appoint one arbitrator and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of or either Contracting Party.

Appears in 1 contract

Samples: www.2006-2012.economia.gob.mx

Settlement of Disputes between the Contracting Parties. 1) . Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Contracting Parties have otherwise agreed, be submitted, at the request of either Contracting Party, to an arbitral tribunal tribunal, composed of three members. Each Contracting Party shall appoint one arbitrator and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Contracting Party.

Appears in 1 contract

Samples: investmentpolicy.unctad.org

Settlement of Disputes between the Contracting Parties. 1) . Any dispute between the Contracting Parties concerning the interpretation or application ap- plication of the present this Agreement, which cannot be settled within a reasonable lapse of time by means of through the diplomatic negotiationschannel, shall, unless the Parties have otherwise agreedagreed otherwise, be submittedsub- mitted, at the request of either Party, to an arbitral tribunal composed of three members. Each Party shall appoint one arbitrator arbitrator, and the two arbitrators thus appointed shall together to- gether appoint a third arbitrator as their chairman who is not a national of either Party.

Appears in 1 contract

Samples: edit.wti.org

Settlement of Disputes between the Contracting Parties. (1) Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Contracting Parties have otherwise agreed, be submitted, at the request of either Contracting Party, to an arbitral tribunal tribunal, composed of three members. Each Contracting Party shall appoint one arbitrator and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Contracting Party.

Appears in 1 contract

Samples: arbitrationlaw.com

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Settlement of Disputes between the Contracting Parties. 1) . Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Parties have otherwise agreed, be submitted, at the request of either Party, to an arbitral tribunal tribunal, composed of three members. Each Party shall appoint one arbitrator and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Party.

Appears in 1 contract

Samples: Agreement

Settlement of Disputes between the Contracting Parties. 1) Any dispute . All disputes arising between the Contracting Parties contracting parties concerning the interpretation or application implementation of this Agreement, in principle, shall be settled amicably through consultations. In the event that there is no agreement, either Contracting Party may, in a period of six months from the date of notification of the present Agreementclaim by one party to the other, which cannot be settled within after sending a reasonable lapse of time by means of diplomatic negotiationsnotice to the other party, shall, unless bring the Parties have otherwise agreed, be submitted, at the request of either Party, matter to an arbitral tribunal composed of three members. Each Party arbitrators, of whom two shall appoint one arbitrator be elected by the contracting parties and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Partyparty.

Appears in 1 contract

Samples: Agreement

Settlement of Disputes between the Contracting Parties. 1) Any dispute between the Contracting Parties concerning the interpretation or application of the present Agreement, which cannot be settled within a reasonable lapse of time by means of diplomatic negotiations, shall, unless the Parties have otherwise agreed, be submitted, at the request of either Party, to an arbitral tribunal tribunal, composed of three members. Each Party shall appoint one arbitrator arbitrator. A third arbitrator, who shall be the chairperson of the tribunal, and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Party, shall be appointed by agreement of the Parties.

Appears in 1 contract

Samples: Agreement

Settlement of Disputes between the Contracting Parties. (1) Any dispute Disputes between the Contracting Parties concerning the interpretation or application of this Agreement shall be settled, as far as possible, through negotiation between the present Agreement, which two Contracting Parties. If such a dispute cannot thus be settled within a reasonable lapse six moths after the commencement of time by means of diplomatic the negotiations, it shall, unless the Parties have otherwise agreed, be submitted, at upon the request of either Contracting Party, be submitted to an arbitral tribunal composed tribunal, in accordance with the provisions of three members. Each Party shall appoint one arbitrator and the two arbitrators thus appointed shall together appoint a third arbitrator as their chairman who is not a national of either Partythis Article.

Appears in 1 contract

Samples: Agreement

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