Common use of Establishment of Disputes Resolution Board Clause in Contracts

Establishment of Disputes Resolution Board. The Disputes Resolution Board (DRB) shall begin operation upon execution of this DRB Agreement by Authority, Contractor, and the first two DRB Members, and shall terminate upon completion of all work required to be performed by the DRB hereunder unless sooner terminated in accordance with this DRB Agreement or applicable law. The DRB shall initially consist of two members, one selected by the Authority and one selected by the Contractor. The first duty of the DRB shall be to select its third member as provided in the “Membership” clause (Section 51.5)

Establishment of Disputes Resolution Board. The Disputes Resolution Board (DRB) shall begin operation upon execution of this DRB Agreement by Authority, Contractor, and the first two three DRB Members, and shall terminate upon completion of all work required to be performed by the DRB hereunder unless sooner terminated in accordance with this DRB Agreement or applicable law. The DRB shall initially consist of two three members, one jointly selected by the Authority and one selected by the Contractor. The first duty of the DRB shall be to select its third nominate a member as the DRB Chair provided in the “MembershipEstablishment of the DRB” clause (Section 51.5)

Establishment of Disputes Resolution Board. The Disputes Resolution Board (DRB) shall begin operation upon execution of this DRB Agreement by Authority, Contractor, and the first two three DRB Members, and shall terminate upon completion of all work required to be performed by the DRB hereunder unless sooner terminated in accordance with this DRB Agreement or applicable law. The DRB shall initially consist of two three members, one jointly selected by the Authority and one selected by the Contractor. The first duty of the DRB shall be to select its third nominate a member as the DRB Chair provided in the “MembershipEstablishment of the DRB” clause (Section 51.5)