Establishment and Operation of Expert Panel Sample Clauses

Establishment and Operation of Expert Panel. (a) Not later than sixty (60) Days after the Signature Date, each Party shall nominate [number of experts] independent experts comprising: [selected expertise of Expert Panel] (the “Expert Panel”). The Parties will agree on the panel of experts selected from the experts so nominated by the Parties. The Expert Panel shall be constituted and called upon only when required within thirty (30) Days from receipt of a Party of the written notice of the other Party’s decision to refer a matter to the Expert Panel. If the Parties are unable to agree on the composition of the Expert Panel within such thirty (30)-Day period, then either Party may request the International Chamber of Commerce's International Centre for Expertise to appoint the members of the Expert Panel.
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Establishment and Operation of Expert Panel. (a) Not later than sixty (60) Days after the Signature Date, each Party shall nominate six (6) independent experts comprising: (i) two (2) water engineers, (ii) two (2) regulatory economists, and (iii) two (2) financial analysts (the “Expert Panel”). The Parties will agree on the panel of experts selected from the experts so nominated by the Parties. The Expert Panel shall be constituted and called upon only when required within thirty (30) Days from receipt of a Party of the written notice of the other Party’s decision to refer a matter to the Expert Panel. If the Parties are unable to agree on the composition of the Expert Panel within such thirty (30)-Day period, then either Party may request the International Chamber of Commerce's International Centre for Expertise to appoint the members of the Expert Panel.

Related to Establishment and Operation of Expert Panel

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  • INDEPENDENT RELATIONSHIP This Agreement is not intended to constitute, create, give effect to or otherwise recognize a joint venture, partnership, or formal business organization, or agency agreement of any kind, and the rights and obligations of the Parties shall be only those expressly set forth herein.

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