Common use of Conduct of Arbitral Proceedings Clause in Contracts

Conduct of Arbitral Proceedings. 19.1 Unless the disputing parties agree otherwise, the Arbitral Tribunal shall hold the arbitration proceedings in the territory of a country that is a party to the New York Convention, selected in accordance with the UNCITRAL Arbitration Rules if the arbitration is under those Rules. 19.2 Unless otherwise agreed by the disputing parties, the Arbitral Tribunal may determine a place for meetings and hearings and the legal seat of arbitration. In doing so, the Arbitral Tribunal shall take into consideration the convenience of the disputing parties and the arbitrators, the location of the subject matter, the proximity of the evidence, and give special consideration to the territory in which the investment is made.