Common use of Number and Appointment of Arbitrators Clause in Contracts

Number and Appointment of Arbitrators. There shall be three (3) arbitrators. ARC and Fanxi shall each appoint one (1) arbitrator and both arbitrators shall be appointed within thirty (30) days after giving or receiving the demand for arbitration. The chairman of the TAC shall appoint the third arbitrator. If a Party does not appoint an arbitrator within thirty (30) days after giving or receiving the demand for arbitration, the relevant appointment shall be made by the chairman of the TAC.

Appears in 4 contracts

Samples: Management Services Agreement (Arc LifeStyle Group Inc), Management Services Agreement (Arc LifeStyle Group Inc), Management Services Agreement (Arc LifeStyle Group Inc)

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