Common use of Means of Settlement, Time Periods Clause in Contracts

Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party, shall, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution: (a) To the competent courts or administrative tribunals of the Contracting Party, party to the dispute; (b) In accordance with any applicable previously agreed dispute settlement procedure, or (c) In accordance with this Article to: (i) The International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute are both parties to the ICSID Convention;Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute are both parties to the ICSID Convention; (ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party party to the dispute, but not both, is a party to the ICSID Convention;Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party party to the dispute, but not both, is a party to the ICSID Convention; (iii) An ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL"); (iv) The International Chamber of Commerce in Paris, by an ad hoc tribunal under its rules of arbitration. (2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article sixty (60) days after notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise to the dispute.paragraph 1 (c) of this Article sixty (60) days after notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise to the dispute.

Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party, shall, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution: (a) To the competent courts or administrative tribunals of the Contracting Party, party to the dispute; (b) In accordance with any applicable previously agreed dispute settlement procedure, ; or (c) In accordance with this Article to: (i) The International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, Other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention;Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, Other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention; (ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party Party, party to the dispute, but not both, is a party to the ICSID Convention;Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party Party, party to the dispute, but not both, is a party to the ICSID Convention; (iii) An A sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL"); (iv) The International Chamber of Commerce in ParisCommerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration. (2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article sixty (60) after 60 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.paragraph 1 (c) of this Article sixty (60) after 60 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.

Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party, Party shall, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution: (a) To the competent courts or administrative tribunals of the Contracting Party, party to the dispute; (b) In accordance with any applicable previously agreed dispute settlement procedure, ; or (c) In accordance with this Article to: (i) The International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, Other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention;Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, Other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention; (ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party Party, party to the dispute, but not both, is a party to the ICSID Convention;Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party Party, party to the dispute, but not both, is a party to the ICSID Convention; (iii) An A sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL"); (iv) The International Chamber of Commerce in ParisCommerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration. (2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article sixty (60) after 60 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five three years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.paragraph 1 (c) of this Article sixty (60) after 60 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five three years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.

Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party, shall, if as far as possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution: (a) To the competent courts or administrative tribunals of the Contracting Party, party to the dispute; (b) In accordance with any applicable previously agreed dispute settlement procedure, ; or (c) In accordance with this Article to: (i) The International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at signed in Washington on 18 March 1965, 1965 ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention;Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at signed in Washington on 18 March 1965, 1965 ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention; (ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the CentreCentre (Additional Facility Rules), if one of the Contracting Party Parties is not a Contracting State of the investor or Convention mentioned in c (i) of this Articlerules governing the Contracting Party party to the dispute, but not both, is a party to the ICSID Convention;Additional Additional Facility for the Administration of Proceedings by the Secretariat of the CentreCentre (Additional Facility Rules), if one of the Contracting Party Parties is not a Contracting State of the investor or the Contracting Party party to the dispute, but not both, is a party to the ICSID Convention;Convention mentioned in c (i) of this Article (iii) An A sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL"); (iv) The International Chamber of Commerce in ParisCommerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration. (2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article sixty (60) after 60 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.paragraph 1 (c) of this Article sixty (60) after 60 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.

Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party, Party shall, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution: (a) To the competent courts or administrative tribunals of the Contracting Party, party to the dispute; (b) In accordance with any applicable previously agreed dispute settlement procedure, ; or (c) In accordance with this Article to: (i) The International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, Other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention;Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, Other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute dispute, are both parties to the ICSID Convention; (ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party Party, party to the dispute, but not both, is a party to the ICSID Convention;Additional Convention;rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party Party, party to the dispute, but not both, is a party to the ICSID Convention; (iii) An A sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("„UNCITRAL");Arbitration Rules of the United Nations Commission on International Trade Law ("„UNCITRAL"); (iv) The International Chamber of Commerce in ParisCommerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration. (2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article sixty (60) after 50 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.paragraph 1 (c) of this Article sixty (60) after 50 days after from the date notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise rise to the dispute.