Common use of Arbitration and Resolution of Disputes Clause in Contracts

Arbitration and Resolution of Disputes. The Procuring Agency and the Supplier shall make every effort to resolve amicably by direct informal negotiation any disagreement or dispute arising between them under or in connection with the Contract. If, after thirty (30) days from the commencement of such informal negotiations, the Procuring Agency and the Supplier have been unable to resolve amicably a Contract dispute, either party may require that the dispute be referred to the Arbitrator for resolution through arbitration. In case of any dispute concerning the interpretation and/or application of this Contract shall be settled through arbitration. The Secretary Law, Justice & Human Right or his nominee shall act as sole arbitrator. The decisions taken and/or award made by the sole arbitrator shall be final and binding on the Parties

Appears in 9 contracts

Samples: Framework Contract, Framework Contract for Purchase of Lab Items and X Ray Films, Framework Contract

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Arbitration and Resolution of Disputes. The Procuring Agency and the Supplier shall make every effort everyeffort to resolve amicably by direct informal negotiation any disagreement or dispute arising between them under or in connection with the Contract. If, after thirty (30) days from the commencement of such informal negotiations, the Procuring Agency and the Supplier have been unable to resolve amicably a Contract dispute, either party may require that the dispute be referred to the Arbitrator for resolution through arbitration. In case of any dispute concerning the interpretation and/or application of this Contract shall be settled through arbitration. The Secretary Law, Justice & Human Right or his nominee shall act as sole arbitrator. The decisions taken and/or award made by the sole arbitrator shall be final and binding on the Parties

Appears in 2 contracts

Samples: Framework Contract, Framework Contract for Local Purchase of Medicines and Disposables Surgicals

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