Common use of Expert Resolution Clause in Contracts

Expert Resolution. 30.1 Where, pursuant to Clauses 5.4, 8.13.1, 11.3 or Part C of Schedule 4 of this Agreement a dispute is referred for Expert determination, the provisions of this Clause 30 shall apply. The Expert shall be an independent actuary appointed in accordance with this Clause 30 (the "Expert"). The Expert shall be jointly appointed by the Actuaries or, failing agreement on such appointment, the President for the time being of the UK Institute and Faculty of Actuaries) for resolution.

Appears in 4 contracts

Samples: Retrocession Agreement, Retrocession Agreement (Xl Group PLC), Retrocession Agreement (Xl Group PLC)

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