Parties to Arbitration Clause Samples
The 'Parties to Arbitration' clause defines which individuals or entities are bound to participate in arbitration proceedings under the agreement. It typically specifies whether only the signatories to the contract, or also their affiliates, employees, or agents, are included in the scope of arbitration. By clearly identifying who is subject to arbitration, this clause ensures that all relevant parties are aware of their obligations and helps prevent disputes over who must participate in the resolution process, thereby promoting clarity and reducing the risk of jurisdictional challenges.
Parties to Arbitration. This agreement to arbitrate is intended to be binding upon the signatories hereto, their principals, successors, assigns, subsidiaries and affiliates. This agreement to arbitrate is also intended to include any disputes, controversy or claims against any Party’s employees, agents, representatives, or outside legal counsel arising out of or relating to matters covered by this Agreement or any agreement in which this Agreement is incorporated.
Parties to Arbitration. For the purposes of each arbitration under this Agreement, Schering shall constitute one party to the arbitration and Licensor shall constitute the other party to the arbitration.
Parties to Arbitration. For the purposes of each arbitration under this Agreement, SPL shall constitute one party to the arbitration and Licensor shall constitute the other party to the arbitration.
Parties to Arbitration. Upon the appointment of an Arbitrator pursuant to section 3.17,
(a) all Dissenting Shareholders who have not accepted an Offer to Pay shall be joined as parties and shall be bound by the decision of the Arbitrator; and
(b) Lifeco shall notify each affected Dissenting Shareholder of the date, place and consequences of the application and of its right to appear and be heard in person or by counsel.
Parties to Arbitration. For the purposes of each arbitration under this Agreement, Syntro shall constitute one Party to the arbitration and Nanogen shall constitute the other Party to the arbitration.
Parties to Arbitration. For the purposes of an arbitration under this Agreement, CIMA Dr. Robinson or Dr. Eichman may be a party to the arbitration.
Parties to Arbitration. One fundamental cornerstone of arbitration is surely the notion that arbitration is only binding on the parties of the arbitration agreement. This view is provided in section 2 of the Finnish Arbitration Act, stating that “any dispute […] which can be settled by agreement between the parties may be referred for final decision by one or more arbitrators” (emphasis added). This universally accepted position is also backed up by the New York Convention117 and the UNCITRAL Model Law118, both of which provide for the recognition of arbitration agreements “by the parties”. Also the leading international arbitration institutions provide in their rules for arbitration between the parties.119 The Finnish Arbitration Act does not address the capacity of parties to enter into an arbitration agreement. However, the general rule is that all natural and legal persons and entities that are able to enter into a valid agreement can also enter into an arbitration agreement.120 The question “who are the parties of the arbitration agreement?” refers to the scope ratione personae of arbitration, the subjective scope.121 The question is easy to answer in the typical arbitration process which involves two adversary parties. As presented by an ad hoc arbitral tribunal, “in arbitration only those who are parties to the arbitration agreement expressed in writing could appear in the arbitral proceedings either as claimants or as defendants. This basic rule, inherent to the essentially voluntary nature of arbitration, is recognised internationally by virtue of Article II of the New York Convention”.122 (emphasis added) Despite this presumption, there are many situations in which the usual premise does not work. Such situation might arise when a signatory company’s parent company has been actively involved in setting up the business deal which includes an arbitration agreement. 117 Article II (1) of the New York Convention. 118 Article 7 (1) of the UNCITRAL Model Law.
(1) of the UNCITRAL Rules; preamble of the LCIA Rules. 120 See Lew 2003, p. 140. Because in KKO 2013:84, capacity of the parties is not disputed, further discussion on the subject will be limited outside the scope of the thesis. 121 See Born 2009, pp. 1133-1134. 122 See Banque Arabe et Internationale d'Investissement v. Inter-Arab Investment Guarantee Corp., award of 17 November 1994. In the event that a dispute arises, the opposing signatory company may want to include the rich parent company in the arbitration proceedi...
Parties to Arbitration. The parties to such arbitration shall be the Fund on the one hand and the Borrower and the Guarantor, if any, on the other.
Parties to Arbitration. For the purposes of each arbitration ---------------------- under this Agreement, SP Ltd. shall constitute one Party to the arbitration and Zonagen shall constitute the other Party to the arbitration.