Common use of Forum For The Arbitration And Selection Of Arbitrators Clause in Contracts

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty days of the notice of initiation of the arbitration procedure, each party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight years professional experience in over-the-counter derivative products and who has not previously been employed by either party and does not have a direct or indirect interest in either party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two party-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two party-appointed arbitrators or for vacating the arbitrators’ award that either of such arbitrators has past or present minimal relationships with the party that appointed such arbitrator.

Appears in 17 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty (30) days of the notice of initiation of the arbitration procedure, each party Party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight (8) years professional experience in over-the-counter derivative products the natural gas compression industry and who has not previously been employed or retained by either party Party or any Affiliate of either Party and does not have a direct or indirect interest in either party Party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two partyParty-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two partyParty-appointed arbitrators or for vacating the arbitrators' award that either of such arbitrators has past or present minimal relationships with the party Party that appointed such arbitrator.

Appears in 7 contracts

Samples: Operations and Maintenance Agreement, Operations and Maintenance Agreement, Operations and Maintenance Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty (30) days of the notice of initiation of the arbitration procedure, each party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight (8) years professional experience in over-the-counter derivative products the natural gas compression industry and who has not previously been employed or retained by either party or any affiliate of either party and does not have a direct or indirect interest in either party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two party-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two party-appointed arbitrators or for vacating the arbitrators' award that either of such arbitrators has past or present minimal relationships with the party that appointed such arbitrator.

Appears in 3 contracts

Samples: Operations and Maintenance Agreement, Electric Motor Lease Agreement, Compression Services Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty (30) days of the notice of initiation of the arbitration procedure, each party Party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight (8) years professional experience in over-the-counter derivative products the natural gas industry and who has not previously been employed or retained by either party Party or any affiliate of either Party and does not have a direct or indirect interest in either party Party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two partyParty-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two partyParty-appointed arbitrators or for vacating the arbitrators' award that either of such arbitrators has past or present minimal relationships with the party Party that appointed such arbitrator.

Appears in 2 contracts

Samples: Agency and Management Agreement, Agency and Management Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty days (30) Days of the notice of initiation of the arbitration procedure, each party Party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight (8) years professional experience in over-the-counter derivative products the intrastate natural gas pipeline industry and who has not previously been employed by either party Party and does not have a direct or indirect interest in either party Party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two partyParty-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two partyParty-appointed arbitrators or for vacating the arbitrators’ award that either of such arbitrators has past or present minimal relationships with the party Party that appointed such arbitrator.

Appears in 2 contracts

Samples: Gathering Services Agreement, Master Services Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in HoustonHoustonDallas, Texas. Within thirty days of the notice of initiation of the arbitration procedure, each party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight years professional experience in over-the-counter derivative products and who has not previously been employed by either party and does not have a direct or indirect interest in either party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two party-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two party-appointed arbitrators or for vacating the arbitrators’ award that either of such arbitrators has past or present minimal relationships with the party that appointed such arbitrator.

Appears in 1 contract

Samples: Master Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty (30) days of the notice of initiation of the arbitration procedure, each party Party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight (8) years professional experience in over-the-counter derivative products the intrastate natural gas pipeline industry and who has not previously been employed by either party Party and does not have a direct or indirect interest in either party Party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two party(2) Party-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two partyParty-appointed arbitrators or for vacating the arbitrators' award that either of such arbitrators has past or present minimal relationships with the party Party that appointed such arbitrator.

Appears in 1 contract

Samples: Determination Agreement

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Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty days of the notice of initiation of the arbitration procedure, the Grizzly Roadrunner Member and the LJM2 Member shall each party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight years professional experience in over-the-counter derivative products and who has not previously been employed by either party and does not have a direct or indirect interest in either party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two partyMember-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two partyMember-appointed arbitrators or for vacating the arbitrators’ award that either of such arbitrators has past or present minimal relationships with the party that appointed such arbitrator.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty (30) days of the notice of initiation of the arbitration procedure, each party Party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight (8) years professional experience in over-the-counter derivative products the natural gas storage industry and who has not previously been employed or retained by either party Party or any affiliate of either Party and does not have a direct or indirect interest in either party Party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two partyParty-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two partyParty-appointed arbitrators or for vacating the arbitrators' award that either of such arbitrators has past or present minimal relationships with the party Party that appointed such arbitrator.

Appears in 1 contract

Samples: Service Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, TexasTexas or Boston, Massachusetts. Within thirty days of the notice of initiation of the arbitration procedure, each party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight years professional experience in over-the-counter derivative products and who has not previously been employed by either party and does not have a direct or indirect interest in either party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two party-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two party-appointed arbitrators or for vacating the arbitrators’ award that either of such arbitrators has past or present minimal relationships with the party that appointed such arbitrator.

Appears in 1 contract

Samples: Master Agreement

Forum For The Arbitration And Selection Of Arbitrators. The arbitration proceeding shall be conducted in Houston, Texas. Within thirty (30) days of the notice of initiation of the arbitration procedure, each party Party shall select one arbitrator. The two arbitrators shall select a third arbitrator. The third arbitrator shall be a person who has over eight (8) years professional experience in over-the-counter derivative products the intrastate natural gas pipeline industry and who has not previously been employed by either party Party and does not have a direct or indirect interest in either party Party or the subject matter of the arbitration. While the third arbitrator shall be neutral, the two partyParty-appointed arbitrators are not required to be neutral, and it shall not be grounds for removal of either of the two partyParty-appointed arbitrators or for vacating the arbitrators' award that either of such arbitrators has past or present minimal relationships with the party Party that appointed such arbitrator.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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