Choice of Arbitrators Sample Clauses

Choice of Arbitrators. The arbitral panel shall be composed of three (3) arbitrators, of whom claimant(s) shall appoint one and respondent(s) shall appoint another, in each case within thirty (30) days of receipt of a written notice of demand for arbitration. The third arbitrator, who shall serve as the presiding arbitrator, shall be appointed by the two-party appointed arbitrators within thirty (30) days of the date of the appointment of the second arbitrator. Any arbitrator not timely appointed as provided herein shall be appointed by the American Arbitration Association, provided that, if there are more than two (2) parties to the arbitration, and if either the claimants jointly or the respondents jointly do not appoint their respective party-appointed arbitrator within thirty (30) days of receipt of a written notice of demand for arbitration, all three (3) arbitrators shall be appointed by the American Arbitration Association. The arbitrators shall be active or former officers of property and casualty insurance or reinsurance companies. The arbitrators shall not have a personal or financial interest in the result of the arbitration.
Sample 1Sample 2
AutoNDA by SimpleDocs
Choice of Arbitrators. In the event that a demand by either party is made in writing on the other, each party shall appoint an individual as arbitrator and the two so appointed shall then appoint a third arbitrator. If either party refuses or neglects to appoint an arbitrator within 30 days of receipt of a written notice of demand for arbitration, the other party may appoint the second arbitrator. If the two arbitrators do not agree on a third arbitrator within 30 days of their appointment, each of the arbitrators shall nominate three individuals. Each arbitrator shall then decline two of the nominations presented by each of the other arbitrators. The third arbitrator shall then be chosen from the remaining two nominations by drawing lots. The arbitrators shall be active or former officers of property and casualty insurance or reinsurance companies. The arbitrator shall not have a personal or financial interest in the result of the arbitration.
Sample 1Sample 2
Choice of Arbitrators. The choice of Arbitrators shall be made as follows. Pxxxxx shall choose one independent Arbitrator and Group shall choose one independent Arbitrator. The two Arbitrators so chosen will choose the third Arbitrator, who must be independent with excellent academic and professional credentials, with experience in the subject matter of the Dispute and who has had both training and at least five years experience as an arbitrator.
Sample 1
Choice of Arbitrators. In the event that a demand by either party is made in writing on the other, each party shall appoint an individual as arbitrator and the two so appointed shall then appoint a third arbitrator. If either party refuses or neglects to appoint an arbitrator within thirty (30) days of receipt of a written notice of demand for arbitration, the other party may appoint the second arbitrator. If the two arbitrators do not agree on a third arbitrator within thirty (30) days of their appointment, the third arbitrator shall then be appointed by the American Arbitration Association. The arbitrators shall be active or former officers of property and casualty insurance or reinsurance companies. The arbitrator shall not have a personal or financial interest in the result of the arbitration.
Sample 1
Choice of Arbitrators. The arbitration tribunal shall be composed of three (3) arbitrators. The claimant shall choose one arbitrator and the respondent (or, jointly, the respondents) shall choose another arbitrator. The Parties may nominate foreign arbitrators. The third arbitrator, who shall act as the chairman of the arbitration panel, shall be jointly appointed by the Parties within fifteen (15) days after the other two arbitrators accepted their respective nominations. If the Parties fail to reach an agreement as to the nomination of the chairman, the arbitrators appointed by the Parties shall, jointly and by mutual agreement, choose the third arbitrator. If the arbitrators appointed by the Parties also fail to agree on the choice of the third arbitrator within the period established in the Arbitration Rules, such appointment shall be made by the Chamber, according to its Arbitration Rules.
Sample 1
Choice of Arbitrators. 16 6.4 Arbitration; Rules................................. 17 6.5 Enforcement........................................ 17 6.6 Certain Court Actions Permitted.................... 17 6.7 Waiver of Certain Rights and Protections........... 18 ARTICLE 7 MISCELLANEOUS.................................. 18
Sample 1

Related to Choice of Arbitrators

  • Selection of Arbitrators 1. Unless the disputing parties otherwise agree, the tribunal shall comprise three arbitrators:

  • Choice of Law; Arbitration (a) Notwithstanding the place where this Agreement may be executed by any of the parties hereto, the parties expressly agree that all the terms and provisions hereof shall be construed under the laws of the State of Delaware, including the Delaware Act without regard to the conflict of law principles of such State.

  • Notice of Arbitration If a Person asserts that there exists a Dispute, then such Person (the “Disputing Person”) will give each other Person involved in such Dispute a written notice setting forth the nature of the asserted Dispute. If all such Persons do not resolve any such asserted Dispute prior to the 10th business day after such notice is given, then any of them may commence arbitration pursuant to this Paragraph 19 by giving each other Person involved in such Dispute a written notice to that effect (an “Arbitration Notice”), setting forth any matters which are required to be set forth therein in accordance with the AAA Rules.

  • Selection of Arbitrator The Claims shall be resolved by a single arbitrator. The arbitrator shall be selected in accordance with the Rules, and must have experience in the types of financial transactions at issue in the Claims. In the event of a conflict between the Rules and this Arbitration Agreement, this Arbitration Agreement shall supersede the conflicting Rules only to the extent of the inconsistency. If AAA is unavailable to resolve the Claims, and if you and we do not agree on a substitute forum, then you can select the forum for the resolution of the Claims.

  • Jurisdiction; Arbitration The laws of the State of Louisiana shall govern the interpretation, validity and effect of this Agreement without regard to the place of execution or the place for performance thereof. Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration located in Houston, Texas administered by the American Arbitration Association in accordance with its applicable arbitration rules, and the judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof, which judgment shall be binding upon the parties hereto.

  • Terms of Arbitration The arbitrator chosen in accordance with these provisions will not have the power to alter, amend or otherwise affect the terms of these arbitration provisions or the provisions of this Agreement.

  • Mediation/Arbitration Employee agrees that prior to filing any motion or claim against the Company or any of its employees, Employee will offer to engage in informal mediation. Each party shall bear its own costs of mediation and one-half of the cost of the mediator. Additionally, any claim by either party arising out of or related to this Agreement, or its breach, or related in any way to Employee's employment or its termination (except claims of employment discrimination under local, state or federal laws, and requests for equitable relief under Section 9 above), shall be settled by arbitration using a single arbitrator and administered by the American Arbitration Association under its Employment Dispute Resolution Rules. Any arbitration shall take place in Seattle, Washington, and the parties waive the right to a trial de novo or appeal, excepting only for the purpose of enforcing the arbitrator's decision, for which purpose the parties agree that the Superior Court for King County, Washington shall have jurisdiction. The nature, proceedings and results of the mediation or arbitration shall be kept confidential and kept from public disclosure to the extent possible.

  • Arbitrators 1 Except in respect of a Tribunal established under Article 32 (Consolidation), and unless the disputing parties agree otherwise, the Tribunal shall comprise three arbitrators, one arbitrator appointed by each of the disputing parties and the third, who shall be the presiding arbitrator, appointed by agreement of the disputing parties.

  • Appointment of Arbitrators 1. Except to the extent that the competent authorities of the Contracting States mutually agree on different rules, paragraphs 2 through 4 shall apply for the purposes of Articles 24A to 24H.

  • Location of Arbitration The arbitration shall take place in Oklahoma City, Oklahoma, and the arbitrator shall issue any award at the place of arbitration. The arbitrator may conduct hearings and meetings at any other place agreeable to the parties or, upon the motion of a party, determined by the arbitrator as necessary to obtain significant testimony or evidence.

Time is Money Join Law Insider Premium to draft better contracts faster.