00 - ARBITRATION. 18.01 Any disagreement which may arise between the Landlord and Tenant shall, when a mutually satisfactory settlement cannot be reached, be submitted to arbitration. The arbitration authority may either be a single person mutually satisfactory to both parties, or a board of three, one member to be proposed by each party and a third selected by the two as chosen. The recommendation of the arbitrator or arbitration board shall be accepted as final. The cost of arbitration will be split 50/50 between the Landlord and Tenant.
Appears in 4 contracts
Samples: Crop Share Lease Agreement, Crop Share Lease Agreement, Crop Share Lease Agreement
