Arbitration Procedure definition

Arbitration Procedure means the rules, obligations and procedures set out in Condition 60 (Arbitration Procedure);
Arbitration Procedure means the provisions of Section 5;
Arbitration Procedure shall have the meaning set forth in Section 7.3(a).

Examples of Arbitration Procedure in a sentence

  • If the parties can agree to a sole Arbitrator within thirty (30) days of the notice referring the matter to Arbitration, the matter shall be determined by a Sole Arbitrator and failing such agreement, the regular Arbitration Procedure shall apply.

  • Such grievance may be settled under the Grievance and Arbitration Procedure by: confirming the Hospital's action in dismissing the employee; or reinstating the employee with or without loss of sen- iority and with or without full compensation for the time lost; by any other arrangement which may be deemed just and equitable in the opinion of the conferring parties or the Board of Arbitration, as the case may be.

  • Working day" as used in the Grievance and Arbitration Procedure shall mean a day other than Saturday, Sunday or a recognized holiday.

  • If there is no resolution to the discussion, any disputes shall be resolved through the Grievance and Arbitration Procedure contained herein or any other mutually agreeable dispute resolution procedure.

  • An employee who has a complaint of such discrimination shall have the right to seek redress under the Grievance and Arbitration Procedure.


More Definitions of Arbitration Procedure

Arbitration Procedure means the following procedure to determine the Fair Value or the Market Price, as applicable (the "valuation amount"). The valuation amount shall be determined by an investment banking firm of national recognition, which firm shall be reasonably acceptable to the Company and the Requisite Purchasers. If the Company and the Requisite Purchasers are unable to agree upon an acceptable investment banking firm within ten (10) days after the date either party proposed that one be selected, the investment banking firm will be selected by an arbitrator located in the City of New York, New York selected by the American Arbitration Association (or if such organization ceases to exist, the arbitrator shall be chosen by a court of competent jurisdiction). The arbitrator shall select the investment banking firm (within ten (10) days of his appointment) from a list, jointly prepared by the Company and the Requisite Investors, of not more than six investment banking firms of national standing in the United States, of which no more than three may be named by the Company and no more than three may be named by the Requisite Investors. The arbitrator may consider, within the ten-day period allotted, arguments from the parties regarding which investment banking firm to choose, but the selection by the arbitrator shall be made in its sole discretion from the list of six. The Board and the Requisite Purchasers shall submit to the investment banking firm their respective determinations of the valuation amount, and any supporting arguments and other data as they may desire, within ten (10) days of the appointment of the investment banking firm, and the investment banking firm shall as soon as practicable thereafter make its own determination of the valuation amount. The final valuation amount for purposes hereof shall be the average of the two valuation amounts closest together, as determined by the investment banking firm, from among the valuation amounts submitted by the Company and the Requisite Purchasers and the valuation amount calculated by the investment banking firm. The determination by such investment banking firm shall be final and binding upon the parties. The Company and the Requisite Purchasers shall each pay one-half (1/2) of the fees and expenses of the investment banking firms and arbitrators (if any) used to determine the valuation amount. If required by any such investment banking firm or arbitrator, the Company shall execute a retainer and engagement letter c...
Arbitration Procedure. , if applicable, means the following procedure to determine the Fair Market Value (as used in this Article VI, the “Valuation Amount”). The Valuation Amount shall be determined by an investment banking firm of national standing in the United States, which firm shall be reasonably acceptable to the Corporation and the holders of at least two thirds of Series B Preferred Stock. If the Corporation and the holders of at least two thirds of Series B Preferred Stock are unable to agree upon an acceptable investment banking firm within 10 days after the date either party proposed that one be selected, the investment banking firm will be selected by an arbitrator located in the New York City, selected by the American Arbitration Association in New York City (as used in this Article VI, the “Association”) (or if such organization ceases to exist, the arbitrator shall be chosen by a court of competent jurisdiction in New York City). The arbitrator shall select the investment banking firm (within 10 days of a request therefor from either the Corporation or the holders of at least two thirds of Series B Preferred Stock) from a list, jointly prepared by the Corporation and the
Arbitration Procedure has the meaning set forth in Section 11.4(d).
Arbitration Procedure means the rules, obligations and procedures set out in Condition 47 (Arbitration Procedure);
Arbitration Procedure means the arbitration procedure attached hereto as Schedule 1.1(r).
Arbitration Procedure has the meaning set forth in Section 15.1(d)(ii).
Arbitration Procedure. , if applicable, means the following procedure to determine the Fair Market Value (as used in this Article VII, the “Valuation Amount”). The Valuation Amount shall be determined by an investment banking firm of national standing in the United States, which firm shall be reasonably acceptable to the Corporation and the holders of at