Dispute by Independent Expert. (a) Each Party shall have the right to submit Disputes regarding title issues, environmental issues, or calculation of the Statement, the Final Statement or revisions thereto, to an independent expert appointed in accordance with this Section 16.03 (each, an “Independent Expert”), who shall serve as sole arbitrator. The Independent Expert shall be appointed by mutual agreement of the Parties from among candidates with experience and expertise in the area that is the subject of such Dispute, and failing such agreement, such Independent Expert for such Dispute shall be selected by the Chief Judge of the United States District Court for the Southern District of Texas.
Appears in 6 contracts
Samples: Purchase and Sale Agreement (Lynden Energy Corp.), Purchase and Sale Agreement (BreitBurn Energy Partners L.P.), Purchase and Sale Agreement (BreitBurn Energy Partners L.P.)
