Common use of Arbitration of Dispute Clause in Contracts

Arbitration of Dispute. In the event the District and the originator cannot agree with respect to any of their respective rights or obligations under this policy, such dispute shall be submitted to arbitration. An arbitrator shall be selected in accordance with the rules and procedures of the American Arbitration Association. The costs for the services of the arbitrator, including per diem expenses, travel expenses, subsistence expenses, and the cost of the hearing room shall be borne equally by the District and the originator.

Arbitration of Dispute. In the event the District and the originator cannot agree with respect to any of their respective rights or obligations under this policy, such dispute shall be submitted to arbitration. An arbitrator shall be selected in accordance with the rules and procedures of the American Arbitration Association. The costs for the services of the arbitrator, including per diem expenses, travel expenses, subsistence expenses, and the cost of the ofthe hearing room shall be borne equally by the District and the originator.