Common use of Number and Method of Selection Clause in Contracts

Number and Method of Selection. Three arbitrators shall comprise the Panel for any proceeding or procedure under this Agreement. The Partner invoking arbitration shall include in the notice thereof a list of the names, business addresses, and affiliations of three neutral arbitrators acceptable to it. Upon receipt of that notice, each of the other Partners, in their respective answers thereto shall include, as provided in Article VI. A, the names, business addresses and affiliations of three neutral arbitrators acceptable to it. Upon receipt of that answer, the Partner invoking arbitration shall contact the other Partners, and they shall attempt to mutually select three neutral arbitrators. Upon request by any Partner, the Partners shall participate in interviewing each proposed arbitrator. If the Partners fail to agree on the selection of one or more arbitrators within 14 days from the date the Partner invoking the arbitration receives the other Partners' answers, then any Partner may refer the selection of those Panel members not so selected to a judge of the Federal District Court for the Southern District of Indiana, Evansville Division. When the three arbitrators are finally selected, they shall promptly notify each Partner of their respective mailing addresses and affiliations.

Appears in 4 contracts

Samples: Partnership Agreement (Eacc Camps Inc), Partnership Agreement (Eacc Camps Inc), Partnership Agreement (Eacc Camps Inc)

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Number and Method of Selection. Three arbitrators shall comprise the Panel for any proceeding or procedure under this Agreement. The Partner invoking arbitration shall include in the notice thereof a list of the names, business addresses, and affiliations of three neutral arbitrators acceptable to it. Upon receipt of that notice, each of the other Partners, in their respective answers thereto shall include, as provided in Article VI. AVI.A, the names, business addresses and affiliations of three neutral arbitrators acceptable to it. Upon receipt of that answer, the Partner invoking arbitration shall contact the other Partners, and they shall attempt to mutually select three neutral arbitrators. Upon request by any Partner, the Partners shall participate in interviewing each proposed arbitrator. If the Partners fail to agree on the selection of one or more arbitrators within 14 days from the date the Partner invoking the arbitration receives the other Partners' answers, then any Partner may refer the selection of those Panel members not so selected to a judge of the Federal District Court for the Southern District of Indiana, Evansville Division. When the three arbitrators are finally selected, they shall promptly notify each Partner of their respective mailing addresses and affiliations.

Appears in 1 contract

Samples: Partnership Agreement (Eacc Camps Inc)

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