Common use of Dispute Resolution Board Clause in Contracts

Dispute Resolution Board. A Dispute Resolution Board (DRB) shall be formed in order to resolve the disputes that may arise during the currency of this Agreement. The members of the DRB shall be nominated by the Authority and the SPV. If any party is not satisfied with the decision of DRB, the issue shall be referred for Arbitration.

Appears in 3 contracts

Samples: Paddy Processing Agreement, Paddy Processing Agreement, Paddy Processing Agreement

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Dispute Resolution Board. A Dispute Resolution Board (DRB) shall be formed in order to resolve the disputes that may arise during the currency of this Agreement. The members of the DRB shall be nominated by the Concessioning Authority and the SPVConcessionaire. If any party is not satisfied with the decision of DRB, the issue shall be referred for Arbitration.

Appears in 1 contract

Samples: Concession Agreement

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