Contracting Party Consent Sample Clauses

Contracting Party Consent. 1) Each Contracting Party hereby gives its unconditional consent to the submission of a dispute to international arbitration in accordance with Part One of Chapter Two of this Agreement. However, a dispute may not be submitted to international arbitration if a local court of the Contracting Party where the investment has been made has rendered its decision on the dispute.
Contracting Party Consent. (1) Each Contracting Party hereby gives its unconditional consent to the submission of a dispute to in- ternational arbitration in accordance with this Part. However, a dispute may not be submitted to in- ternational arbitration if a court in the first instance in either Contracting Party has rendered its final decision on the merits.
Contracting Party Consent. Each Contracting Party hereby gives its unconditional consent to the submission of a dispute to international arbitration in accordance with this Part. This consent implies the renunciation of the requirement that the internal administrative or juridical remedies should be exhausted. However, a dispute may not be submitted Xxx.xxx.xxx.xx.xx BGBl. III - Ausgegeben am 4. Dezember 2012 - Nr. 168 13 von 19 To international arbitration if a local court in either Contracting Party has rendered its decision on the dispute.

Related to Contracting Party Consent

  • Third Party Consents No governmental authority or other third party consents (including but not limited to approvals, licenses, registrations or declarations) are required in connection with the execution, delivery or performance by the Assuming Institution of this Agreement, other than such consents as have been duly obtained and are in full force and effect.

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