Arbitration Court Sample Clauses

Arbitration Court. The Arbitration Court (“Arbitration Court”) shall be composed of 03 (three) arbitrators, 01 (one) of them to be appointed by the claimant(s) and the other appointed by the respondent(s), pursuant to the Arbitration Regulation. The third arbitrator, who shall be the president of the Arbitration Court, shall be appointed by the 02 (two) arbitrators chosen by the parties to the arbitration, within 15 (fifteen) days of the appointment of the last arbitrator. If the parties to the arbitration do not appoint their respective arbitrators within the period stipulated by the Arbitration Chamber, or if the president of the Arbitration Court is not appointed by the co-arbitrators within a maximum period of 15 (fifteen) days from the appointment of the second arbitrator, the President of the Arbitration Chamber shall appoint the missing arbitrators pursuant to the Arbitration Regulation. In the event that there are multiple parties with different interests, which may not be combined as groups of claimants and/or respondents, the 03 (three) arbitrators shall be appointed by the President of the Arbitration Chamber, under the terms of the Arbitration Regulation. (i) In addition to the restrictions established under the Arbitration Regulation and the Arbitration Law, no member of the Arbitration Court may be an employee, representative, consultant or service provider (or former employee, former representative, former consultant or former service provider) of a part to the arbitration or any of its Related Parties.

Arbitration Court. 12.1 This Agreement shall be governed and construed according to the Laws of the Federative Republic of Brazil. 12.2 In the event of any controversy, dispute, issue or divergence of any sort (“Conflict”) in relation to this Agreement, the Parties shall employ best efforts to settle the Conflict. For such purposes, any of the Parties shall be allowed to notify the other Party about their intention to initiate the procedure set forth in this Clause and, as of said moment, the Parties shall meet to try and settle said Conflict by means of amicable discussions held in good faith (“Notice of Conflict”). Exception made to provision to the contrary set forth in this Agreement, in case the Parties fail to find a solution within sixty (60) days after the delivery of the Notice of Conflict sent by one of the Parties to the other, then the Conflict shall be settled by means of arbitration, according to the provisions below. 12.3 If, within sixty (60) days following the delivery of the Notice of Conflict, any of the Parties considers as remote the possibility of reaching an amicable solution, said Party shall be allowed to send to the other Party notice suspending the negotiations (“Negotiation Suspension Notice”). Twenty-four (24) hours following the delivery of the Negotiation Suspension Notice, any of the Parties may initiate the Arbitration Procedure and remaining procedures set forth in Paragraph 3 below. 12.4 The arbitration shall be conducted in the City of São Paulo, State of São Paulo, in the Portuguese language, before the Mediation and Arbitration Center of the Portuguese Chamber of Commerce in Brazil – São Paulo (“Chamber”), according to the Rules of the Chamber in force at the moment of the Arbitration, considering possible changes to said Rules made by mutual agreement of the Parties. 12.5 The Arbitration shall be conducted in Portuguese language, by one (01) arbitrator to be appointed by mutual agreement of the Parties, within twenty (20) days as of the receipt of “Request for Arbitration” by the Party served. In case the Parties fail to reach an agreement in relation to the appointment of the single arbitrator, said arbitrator shall be appointed by the Chairman of the Arbitration Center, which shall consider the experience of the arbitrator in relation to the issue of the litigation. 12.6 The Parties acknowledge that any of the Parties may need the granting of preventive measure or injunctive relief before the commencement of the Arbitration. Therefore...

Arbitration Court. All disputes and controversies that may arise from or in relation to this Contract Artykuł 13 Sąd arbitrażowy

Arbitration Court. The Disputes shall be decided by an Arbitration Court comprised of 3 (three) arbitrators, appointed according to the Regulations (“Arbitration Court”).

Arbitration Court. The arbitration shall be final and binding for all Parties. The arbitration is the only and exclusive remedy for all Parties' petition, court charge or dispute. Except the compulsory execution of relevant arbitration agreements or their resolution, the Parties shall waive any right of application or appeal to any court, court of justice to the largest extent in accordance with relevant laws and regulations.

Arbitration Court. Except for the collection actions that are subject to the ordinary jurisdiction, the controversies related hereto as well as to the agreement execution, performance, interpretation, progress, termination or settlement, which cannot be settled through a direct arrangement between the parties pursuant to the provisions above, will be settled by an Arbitration Court. The Arbitration Court will be governed by the provisions in Colombian regulations, taking into account the following rules: a) The Court will be made up of one (1) arbitrator if the suit is for an amount equal to or lower than one thousand (1,000) effective legal monthly minimum salaries or of three (3) arbitrators if the suit exceeds such amount. The arbitrator(s) will be designated by mutual agreement between the Parties and, in the event they cannot reach an agreement within ten (10) business days after the name(s) has (have) been proposed by one of the parties, the arbitrator(s) will be designated by Centro de Arbitraje y Conciliación del Autorregulador del ▇▇▇▇▇▇▇ de Valores AMV — MARCO pursuant to its regulation, and will meet at the facilities proposed by MARCO for such purpose in the city of Bogotá D.C. b) The Court will decide according to law. c) The internal Court organization will be subject to the rules of the above mentioned Centro de Arbitraje y Conciliación del Autorregulador del ▇▇▇▇▇▇▇ de Valores AMV — MARCO.

Arbitration Court. The arbitration court shall consist of three members. One arbitrator shall be appointed by the plaintiff, a second arbitrator shall be appointed by the arbitrators and the third arbitrator shall be appointed by the arbitrators designated by the plaintiff and the defendant. If the defendant does not appoint its corresponding arbitrator within 10 (ten) calendar days from the date of receipt of the plaintiff's request to refer the dispute to arbitration and for the defendant to appoint an arbitrator, then, at the request of the plaintiff, such appointment shall be made a competent state or federal judge of Hermosillo, Sonora, whose resolution shall be unappealable or irrefutable by any other means, including a proceedings to protect constitutional rights. The plaintiff's request referred to in the foregoing paragraph must also indicate the arbitrator appointed by the plaintiff. In the event the two arbitrators appointed by the parties fail to reach an agreement as regards the appointment of the third arbitrator within 10 (ten) calendar days from the date on which the defendant appointed its arbitrator, then, at the request of any of the parties or arbitrators, the third arbitrator shall be appointed by a competent federal or state judge of the city of Hermosillo, Sonora, whose resolution shall be unappealable or irrefutable by any other means, including a proceeding to protect constitutional rights. Arbitrators must be individuals of legal age, legally qualified, morally reliable, independent and impartial, with experience in commercial disputes and, preferably, attorneys at law. The arbitrators may also be companies or entities specialized in arbitration services. However, in any case, any individual who respectively represents such companies must fulfill the requirements specified in the immediately preceding paragraph. All decisions rendered by the arbitration court, including the arbitration award and any kind of resolution must be made by majority of votes.

Arbitration Court. 1. All disputes arising from this Contract including annexes and supplementary agreements, the ground lease contract (Erbbaurechtsvertrag) of June 21, 1952, as well as from any decision of the arbitration committee in accordance with Section 25, shall, without recourse to legal action, be settled by an arbitration court, if the arbitration committee under Section 25 has not come to a unanimous decision. 2. The arbitration court shall consist of two members, one of whom shall be appointed by each party, and a chairman. The aggrieved party shall inform the other party by registered letter of the circumstances of the case which make necessary a decision of the arbitration court and at the same time shall nominate its arbitrator, who shall preferably be its representative on the arbitration committee. Within a period of three weeks the other party must nominate its arbitrator, who preferably should have been its representative on the arbitration committee. If it does not fulfill this obligation within the specified period of time, the arbitrators shall at the request of the other party be nominated by the President of the Federal Court of Justice. If the two arbitrators do not come to an agreement within a period of two months after the nomination of the last arbitrator, they shall within that period agree on the choice of a chairman. If they fail to do so, the chairman shall be appointed by the President of the Federal Court of Justice. The chairman must have the qualifications of a judge pursuant to the German Law on the Judiciary and be versed in economic matters. The finding of the arbitration court which must also include a decision concerning the payment of costs, shall be final. Moreover, the procedure shall be governed by the rules of arbitration of the German Committee for Arbitration Procedures modified in that the appointment of the arbitrators shall be governed by the aforementioned provisions.

Arbitration Court. The Arbitration Court shall consist of three arbitrators. The chairman of the Arbitration Court must be qualified to hold the position of a judge. The as- sociate arbitration judges must be real estate valuers certified by HypZert or committee mem- bers that are independent from the Certification Body. If a member of the Arbitration Court works as an employee of a credit institution, such shall not exclude her/him from being ap- pointed as an arbitration judge. In so far as the DIS Rules of Arbitration upon request provide for appointment of an arbitration judge including the chairman by the DIS Appointment Committee, the respective application shall be ad-dressed – contrary to the provisions of the DIS Rules of Arbitration – to the Presi- dent of the Chamber of Industry and Commerce at the domicile of the Certification Body, who shall then make the appointment.