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

Settlement of Disputes between the Parties. 1. Once the procedure under paragraph 3 of Article 24 has been exhausted and the dispute has not been resolved, either Party may submit the dispute to an ad hoc Arbitral Tribunal, in accordance with the provisions of this Article. Alternatively, the Parties may choose, by mutual agreement, to submit the dispute to a permanent arbitration institution for settlement of investment disputes. Unless the Parties decide otherwise, such institution shall apply the provisions of this Article.

Settlement of Disputes between the Parties. 1. Once the procedure under paragraph 3 of Article 24 has been exhausted and the dispute has not been resolved, either Party may submit the dispute to an ad hoc Arbitral Tribunal, in accordance with the provisions of this ofthis Article. Alternatively, the Parties may choose, by mutual agreement, to submit the dispute to a permanent arbitration institution for settlement of investment disputes. Unless the Parties decide otherwise, such institution shall apply the provisions of this Article.

Settlement of Disputes between the Parties. 1. Once the procedure under provided for in paragraph 3 2 of Article 24 has been exhausted and the dispute has not been resolved, either Party may submit the dispute it to an ad hoc Arbitral Tribunal, Tribunal in accordance with the provisions of this Article. Alternatively, the Parties may choose, by mutual agreement, agree to submit the dispute to a permanent arbitration arbitral institution for the settlement of investment disputes. Unless the Parties decide otherwise, such this institution shall apply the provisions of this Article.

Settlement of Disputes between the Parties. 1. Once exhausted the procedure under referred to in paragraph 3 of Article 24 has been exhausted and 22 without the dispute has not been resolved, either Party may submit the dispute it to an arbitral tribunal ad hoc Arbitral Tribunalhoc, in accordance with according to the provisions of this Article. Alternatively, the Parties parties may choose, by mutual agreement, to submit the dispute to a permanent arbitration institution for the settlement of investment disputesdisputes regarding investments. Unless the Parties decide parties agree otherwise, such an institution shall will apply the provisions of this Article.