Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party and the third will be appointed by the first two arbitrators.
Appears in 2 contracts
Samples: Joint Venture Agreement (Aleafia Health Inc.), Joint Venture Agreement (Aleafia Health Inc.)
Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party party and the third will be appointed by the first two. If the first two arbitratorsarbitrators fail to agree on the third arbitrator within 30 days after their appointment, the third arbitrator will be appointed by the American Arbitration Association. The arbitrators will be familiar with the commercial and manufacturing practices of the paper industry.
Appears in 1 contract
Samples: Exclusive License and Supply Agreement (Diversified Opportunities, Inc.)
Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party Member and the third will be appointed by the first two. If the first two arbitratorsarbitrators fail to agree on the third arbitrator within 30 days after their appointment, the third arbitrator will be appointed by the American Arbitration Association. The arbitrators will be familiar with the commercial and manufacturing practices of the industry.
Appears in 1 contract
Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party Member and the third will be appointed by the first two. If the first two arbitratorsarbitrators fail to agree on the third arbitrator within 30 days after their appointment, the third arbitrator will be appointed by the American Arbitration Association. The arbitrators will be familiar with the commercial and manufacturing practices of the renewable energy industry.
Appears in 1 contract
Samples: Limited Liability Company Agreement (A-Power Energy Generation Systems, Ltd.)