Major Disputes. If the amount in dispute is $100,000 or more, the parties will attend at least one meeting to discuss the dispute within 5 Business Days of the notification of the dispute. If the dispute cannot be solved by negotiation within that period, the parties will confer within a further 5 Business Days in order to ascertain whether they agree that the dispute will be referred to the process set out in clause 21.3.
Major Disputes. (a) In the event the amount in controversy is more than $500,000, or if the amount cannot be determined, then the arbitration shall be conducted in accordance with the Commercial Arbitration Rules of the AAA, except that (i) every person named on all lists of potential arbitrators shall be a Commercial Litigation Attorney, (ii) the arbitration shall be determined by a single arbitrator and (iii) each party shall be entitled to strike on a peremptory basis, for any reason or no reason, any or all of the names of potential arbitrators on any list submitted to the parties by the AAA and any person selected by the AAA to serve as an arbitrator by administrative appointment. In the event the parties cannot agree on a mutually acceptable arbitrator from the one or more lists submitted by the AAA within thirty (30) days after the AAA transmits to the parties its first list of potential arbitrators, the President of the Allegheny County Bar Association located in Pittsburgh, Pennsylvania shall designate three persons who, in his or her opinion, meet the criteria set forth herein, which designees may include persons named on any list submitted by the AAA. Each party shall be entitled to strike one of such three designees on a peremptory basis within ten (10) days after its receipt of such list of designees, indicating its order of preference with respect to the remaining designees. If two of such designees have been stricken by the parties, the unstricken designee shall be the arbitrator. Otherwise, the selection of the arbitrator shall be made by the AAA from the remaining designees in accordance with their mutual order of preference, or by random selection in the absence of a mutual order of preference.
(b) Prior to any hearing on the merits, the parties shall be permitted to engage in limited discovery as permitted by the arbitrator. The parties may request to have all relevant documents produced for inspection and copying. At least ten (10) days prior to the hearing, the parties shall exchange all documents that they may introduce into evidence. The failure of a party to exchange a particular document shall automatically preclude that party from presenting that document into evidence.
Major Disputes. All parties acknowledge and agree that the provisions contained under Section 10.1 shall apply only as to the resolution of Deadlock Events and that any disputes arising between the parties with regard to any matter or thing which does not constitute a Deadlock Event shall not be subject to resolution under Section 10.1 but rather, may only be resolved by the agreement of the requisite number of Voting Members required under this Agreement or by means of the disputing parties resort to all available legal or equitable remedies.
Major Disputes. If the amount in Dispute is $300,000 or more, the parties shall attend at least one meeting with Representatives (with the authority to resolve the Dispute) to discuss the Dispute within 5 Business Days of the notification of the Dispute as a condition precedent to commencing any other proceeding. If the Dispute cannot be solved by negotiation as aforesaid, the parties shall confer within 5 Business Days of the breakdown of negotiations in order to ascertain whether they agree that the Dispute shall first be subject to the process of conciliation, mediation, expert appraisal, mini-trial, or expert determination or such other alternative dispute resolution process as may be appropriate in the circumstances of the Dispute and, if they so agree, the Dispute shall be referred to such process.
Major Disputes. The term “Major Disputes” means disputes between the Parties over exclusivity in Section 2.3, a dispute arising out of Section 2.1, and remuneration.
Major Disputes.
24.4.1. Either Party may initiate a Major Dispute by giving Notice to the other Party of its complaint and setting out the nature and full particulars of the dispute, together with relevant supporting documents.
24.4.2. Each Party will use its reasonable endeavours to resolve the dispute within 30 days of notification, and will keep the other Party informed of developments.
24.4.3. If the dispute remains unresolved after 30 days, or if a Party reasonably considers that the Major Disputes procedure is inappropriate, the Parties will consider mediation or arbitration.
Major Disputes. In cases not covered by clauses 27.2 or 27.3.3, the dispute will be settled by arbitration in accordance with the "Rules of arbitration procedure of Danish Arbitration”. The arbitral tribunal will be appointed by Danish Arbitration in accordance with the "Rules of arbitration procedure of Danish Arbitration". Where the dispute is to be decided by three arbitrators, the claimant may propose an arbitrator in its statement of complaint. The respondent may propose an arbitrator in its statement of defence. The third arbitra- tor, who will be the chairman of the arbitral tribunal, will be proposed by Danish Arbitra- tion, unless the Parties jointly propose a chairman before the expiry of the time limit for the submission of the respondent’s statement of defence. The place of arbitration shall be the municipality in which the Customer is registered.
