Common use of Method of Appointment of the Arbitrators Clause in Contracts

Method of Appointment of the Arbitrators. (1) If the arbitration is to be conducted by a sole arbitrator, then the arbitrator will be jointly selected by the parties to the Dispute within thirty (30) days after commencement of arbitration.

Appears in 2 contracts

Samples: Carry Agreement, Carry Agreement (BPZ Resources, Inc.)

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Method of Appointment of the Arbitrators. (1) If the arbitration is to be conducted by a sole arbitrator, then the arbitrator will be jointly selected by the parties Parties to the Dispute. If the Parties to the Dispute fail to agree on the arbitrator within thirty (30) days after commencement the filing of the arbitration, then the American Arbitration Association shall appoint the arbitrator.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hyperdynamics Corp)

Method of Appointment of the Arbitrators. (1) If the arbitration is to be conducted by a sole arbitrator, then the arbitrator will be jointly selected by the parties to the Dispute within thirty (30) days Days after the commencement of arbitrationthe arbitration failing which the appointment will take place in accordance with the Rules. If the arbitration is to be conducted by three arbitrators then the appointments will take place in accordance with the Rules.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

Method of Appointment of the Arbitrators. (1i) If the arbitration is to be conducted by a sole arbitrator, then the arbitrator will be jointly selected by the parties Parties. If the Parties fail to agree on the Dispute arbitrator within thirty (30) calendar days after commencement the filing of the arbitration, or fail to agree to extend this deadline, then the AAA shall appoint the arbitrator.

Appears in 1 contract

Samples: Master Agreement (Freestone Resources, Inc.)

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Method of Appointment of the Arbitrators. (1a) If the arbitration is to be conducted by a sole arbitrator, then the arbitrator will be jointly selected by the parties to the Dispute within thirty (30) days Days after the commencement of the arbitration.

Appears in 1 contract

Samples: Joint Operating Agreement (BPZ Resources, Inc.)

Method of Appointment of the Arbitrators. (1) If the arbitration is to be conducted by a sole arbitrator, then the arbitrator will be jointly selected by the parties Parties. If the Parties fail to agree on the Dispute arbitrator within thirty (30) calendar days after commencement the filing of the arbitration, or fail to agree to extend this deadline, then the AAA shall appoint the arbitrator.

Appears in 1 contract

Samples: Stock Purchase Agreement (Freestone Resources, Inc.)

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