Common use of Commencement of Arbitration Clause in Contracts

Commencement of Arbitration. An arbitration proceeding is commenced by one Party serving a notice (an “Arbitration Notice”) on another Party (with a copy to the AAA in accordance with the AAA Rules) in accordance with the notice provisions set forth in Section 9.1. The Arbitration Notice shall contain a reasonably detailed description of the Dispute and the remedy sought.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lufkin Industries Inc)

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Commencement of Arbitration. An arbitration proceeding is Arbitration shall be commenced by one either Party serving a by written notice (an a Arbitration NoticeNotice of Arbitration”) on another Party (with a copy to the AAA in accordance with other Party within [***] after mediation is conclusively terminated. Such Notice of Arbitration shall state the AAA Rules) in accordance with issue to be arbitrated and identify the notice provisions set forth in Section 9.1. The Arbitration Notice shall contain a reasonably detailed description of the Dispute and the remedy soughtParty’s appointed arbitrator.

Appears in 1 contract

Samples: Vessel Construction Agreement (Great Lakes Dredge & Dock CORP)

Commencement of Arbitration. An arbitration proceeding is commenced by one Party serving a notice (an “"Arbitration Notice") on another Party the other party (with a copy to the AAA in accordance with the AAA Rules) in accordance with the notice provisions set forth in Section 9.111.3 hereof. The Arbitration Notice shall contain a reasonably detailed description of the Dispute and the remedy sought.

Appears in 1 contract

Samples: Stock Purchase Agreement (Basic Energy Services Inc)

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Commencement of Arbitration. An arbitration proceeding is commenced by one Party serving a notice (an “Arbitration Notice”) on another Party (with a copy to the AAA in accordance with the AAA Rules) in accordance with the notice provisions set forth in Section 9.19.2. The Arbitration Notice shall contain a reasonably detailed description of the Dispute and the remedy sought.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Lufkin Industries Inc)

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