Common use of Procedure for dispute resolution Clause in Contracts

Procedure for dispute resolution. The parties agree to resolve any dispute arising from the interpretation or performance of the present agreement by common consent. In case that the dispute could not be solved that way, it will be resolved by arbitration of a technical commission formed by three members. Each party will designate a member of the arbitration commission and the third member will be agreed by both parties.

Appears in 4 contracts

Samples: Degree Agreement, Degree Agreement, Degree Agreement

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Procedure for dispute resolution. The parties agree to resolve any dispute arising from the interpretation or performance of the present agreement by common consent. In case that the dispute could not be solved that way, it will be resolved by arbitration of a technical commission formed by three members. Each party will designate a member of the arbitration commission and both parties will agree upon the third member will be agreed by both partiesmember.

Appears in 1 contract

Samples: Double Degree Agreement

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