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Arbitration and Conciliation Sample Clauses

Arbitration and Conciliation. 35.1. The parties hereto shall, in respect of all disputes and differences that may arise amongst them abide by the provisions relating to arbitration and conciliation specified under the Bye Laws. The place of arbitration shall be Mumbai.
Arbitration and Conciliation. (1) Any dispute which may arise between a national or a company of one Contracting Party and the other Contracting Party in connection with an investment on the territory of that other Contracting Party shall be subject to negotiations between the parties in dispute. (2) If any dispute between an investor of one Contracting Party and the other Contracting Party continues to exist after a period of three months, either party to the dispute shall be entitled to submit the case to the International Centre for Settlement of Investment Disputes for conciliation or arbitration under the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18th March 1965.
Arbitration and ConciliationThe parties hereto shall, in respect of any disputes and differences that may arise between them in respect of any matter stated in this Agreement, or in connection or arising out of this Agreement or with regard to interpretation thereof shall refer the same to arbitration of a sole arbitrator. In the event of disagreement between the parties on appointment of a sole arbitrator, each of the parties hereto shall appoint its arbitrator and the two appointed arbitrators shall appoint third arbitrator who shall act as an umpire. The arbitration shall be governed in accordance with the provisions of the Arbitration and Conciliation Act, 1996 or any statutory modification or re-enactment thereto. The place of arbitration shall be Mumbai and the language of the arbitration proceedings shall be English.
Arbitration and Conciliation. (1) Each Contracting Party consents to submit any dispute that may arise out of or in relation to an investment made in its territory by a national or a company of the other Contracting Party for settlement in accordance with the provisions of this Article. (2) Each Contracting Party consents to submit to the International Centre for the Settlement of Investment Disputes (hereinafter referred to as "the Centre") for settlement by conciliation or arbitration under the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18th March 1965 (hereinafter referred to as "the Convention") any dispute arising between that Contracting Party and a national or company of the other Party which involves: (a) An obligation entered into by that Party with the national or company of the other Party regarding an investment by such national or company; or (b) An alleged breach of any right conferred or created by this Agreement with respect to an investment by such national or company. (3) A company which is incorporated or constituted under the law in force in the territory of one Contracting Party, in which before such a dispute arises the majority of shares are owned by nationals or companies of the other Contracting Party shall, in accordance with Article 25 (2) (b) of the Convention, be treated for the purposes of the Convention as a company of the other Contracting Party. (a) If any dispute of the type referred in paragraph 2 should arise, the Party and the national or company concerned shall seek to resolve the dispute through coilsultation and negotiation. If the dispute cannot be thus resolved within three (3) months, then, if the national or company concerned also consents in writing to submit the dispute to the Centre for settlement by conciliation or arbitration under the Convention, either party to the dispute may institute proceedings by addressing a request to that effect to the Secretary-General of the Centre as set forth in Articles 28 and 36 of the Convention; provided that a dispute shall not be submitted to the Centre as long as such a dispute which has been submitted by the national or company concerned is still pending before the courts of justice or administrative tribunals or agencies of competent jurisdiction of the Contracting Party that is party to the dispute. (b) In the event of disagreement as to whether conciliation or arbitration is the more appropriate procedure...
Arbitration and Conciliation. (1) In the event of a dispute between a national or company of one Contracting party and the other Contracting Party in connection with an investment in the territory of the other Contracting Party, the national or company concerned may file complaint with the competent authority of the other Contracting Party. Negotiations for settlement will then take place between the parties in dispute. (2) If such dispute cannot be thus settled within six months, either Party to the dispute shall be entitled to submit the dispute to the competent court of the Contracting Party accepting the investment. (3) If a dispute involving the amount of compensation resulting from expropriation mentioned in Article 4 cannot be settled within six months after company concerned, it may be submitted to an international arbitral tribunal established by both parties. If the national or company concerned has resorted to the procedure specified in the above Paragraph 2 of this Article, the provisions of this Paragraph shall not apply. (4) The international arbitral tribunal mentioned above shall be especially constituted in the following way: each Party concerned shall appoint an arbitrator. The two arbitrators shall appoint an arbitrator as Chairman, who is a national of a third state which shall have diplomatic relations with both Contracting Parties, The arbitrators shall be appointed within two months and the Chairman within four months from the date when one Party concerned notifies the other Party of its submission of the dispute to arbitration. If the necessary appointments are not made within the period specified in the previous paragraph, either party may, in the absence of any other agreement, request the chairman of the International Arbitration Institute of the Stockholm chamber of commerce to make the necessary appointments. The arbitral tribunal shall determine its own arbitral procedures with reference to the “Convention on the Settlement of Investment Disputes Between States and Nationals of other States”, done at Washington on March 18, 1965. The decision of the arbitral tribunal shall be final and bingding, and shall be enforceable in accordance with domestic laws. The arbitral tribunal shall state the basis of its decision and state reasons upon the request of either Party concerned. Each party concerned shall bear the cost of its own arbitrator and its representation in the arbitral proceedings. The cost of the Chairman in discharging his arbitral function and the r...
Arbitration and Conciliation. 6.1 It is intended that all industrial relations difficulties arising within the University shall be resolved internally and by the use of this procedure. If, however, in exceptional circumstances a dispute has exhausted the agreed procedure, and if both the University and Union representatives agree, assistance may be sought from external sources (including ACAS).
Arbitration and ConciliationThe decision of the arbitrator shall be final and binding on the parties and the arbitrator shall be requested to issue a decision within thirty (30) calendar days after the conclusion of testimony and final argument. The arbitrator shall not have the authority to add to, delete from, or otherwise modify the terms of this Agreement.
Arbitration and Conciliation. 18.1 If selection of a mutually acceptable arbitrator cannot be reached upon then the appointment shall be made by the President or Vice President of the Chartered Institute of Arbitrators. 18.2 In the event of a dispute over non-performance or any other matter arising from the Agreement between the parties, the decision of the Arbitrators shall be final. 18.3 Any such arbitration shall be held in/at a mutually agreed location. 18.4 If either party fails to comply with any procedural order made by the Arbitrator, the Arbitrator shall have the power to proceed in the absence of that party and deliver the award. 18.5 If any matter arising out of or under this Agreement is referred to arbitration, the Provider shall remain responsible for the provision of the service and (Name of lead organisation) likewise shall remain responsible for the payment throughout the period of arbitration. The cost of such action shall be borne equally between the parties.
Arbitration and Conciliation. 26.1. The parties hereto shall, in respect of all disputes and differences that may arise between them, abide by the provisions relating to arbitration and conciliation specified under the Bye Laws. The place of arbitration shall be .
Arbitration and Conciliation. Except as provided elsewhere in this contract, in case amicable settlement is not reached between the parties, in respect of any dispute or difference; arising out of the formation, breach, termination, validity or execution of the contract; or, the respective rights and liabilities of the parties; or, in relation to interpretation of any provision of the contract; or, in any manner touching upon the contract, then, either party may, by a notice in writing to the other party refer such dispute or difference to the sole arbitration of an arbitrator appointed by head of BHEL Trichy – 620 012. The arbitrator shall pass a reasoned award and the award of the arbitrator shall be final and binding upon the parties. Subject as aforesaid, the provisions of arbitration and conciliation act 1996(India) or statutory modifications or re-enactments thereof and the rules made thereunder and for the time being in force shall apply to the arbitration proceedings under this clause. The seat of arbitration shall be Trichy, India. The cost of arbitration shall be borne as per the award of the arbitrator. Subject to the arbitration in terms of clause Arbitration and conciliation above, the courts at Trichy shall have exclusive jurisdiction over any matter arising out of or in connection with this contract. Notwithstanding the existence or any dispute or differences and/or reference for the arbitration, the contractor shall proceed with and continue without hindrance the performance of its obligations under this contract with due diligence and expedition in a professional manner except where the contract has been terminated by either party in terms of this contract.