Common use of Consent to Arbitration Clause in Contracts

Consent to Arbitration. 1. Each Party consents to the submission of a claim to arbitration in accordance with the terms of this Agreement. Failure to meet any of the conditions precedent in Article 21 (Conditions Precedent to Submission of a Claim to Arbitration) shall nullify that consent. 2. The consent given in paragraph 1 and the submission of a claim to arbitration shall satisfy the requirement of: 1. Chapter II of the ICSID Convention (Jurisdiction of the Centre) and the ICSID Additional Facility Rules for written consent of the parties to the dispute; and 2. Article II of the New York Convention for an agreement in writing

Consent to Arbitration. 1. Each Party consents to the submission of a claim to arbitration in accordance with the terms of procedures set out in this Agreement. Failure to meet any of the conditions a condition precedent listed in Article 21 22 (Conditions Precedent to Submission of a Claim to Arbitration) shall nullify nullifies that consent. 2. The consent given in paragraph 1 and the submission by an investor of a claim to arbitration shall satisfy satisfies the requirement of: 1. Chapter II of the ICSID Convention (Jurisdiction of the Centre) and the ICSID Additional Facility Rules for written consent of the parties to the disputedisputing parties; and 2. Article II of the New York Convention for an agreement in writing.

Consent to Arbitration. • 1. Each Party consents to the submission of a claim to arbitration in accordance with the terms of this Agreement. Failure to meet any of the conditions precedent in Article 21 (Conditions Precedent to Submission of a Claim to Arbitration) Article21 shall nullify that consent. • 2. The consent given in paragraph 1 paragraph1 and the submission by a disputing investor of a claim to arbitration shall satisfy the requirement of: 1. (a) Chapter II of the ICSID Convention (Jurisdiction of the Centre) and the ICSID Additional Facility Rules for written consent of the parties to the disputeparties; and 2. Article II and o (b) ArticleII of the New York Convention for an agreement in writing.