Common use of Referee Clause in Contracts

Referee. If the PURCHASER disputes any decision of or matter certified by the SELLER'S Principal Agent in terms of this agreement, such dispute shall be determined by a referee who shall be an architect agreed upon between the Parties and, failing agreement, nominated by the Institute of South African Architects. The said Referee shall act as an expert and not as an arbitrator and shall accordingly not be bound by any rules of court or arbitrators. The said Referee shall be entitled to determine whether, how, where and when submissions are to be made to him, it being the intention of the Parties that any such dispute shall be determined at the minimum costs and with the minimum delay possible in the circumstances. Any decision of the said Referee, including any decisions as to costs, will be final and binding upon the Parties and shall not be open to dispute by either of them.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale

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Referee. If the PURCHASER Purchaser disputes any decision of or matter certified by the SELLER'S Principal Agent Seller’s Architect in terms of this agreementAgreement, such dispute shall be determined by a referee who shall determine such disputes that shall be an architect Architect agreed upon between the Parties parties and, failing agreementAgreement, nominated by the Institute of South African Architects. The said Referee referee shall act as an expert and not as an arbitrator and shall accordingly not be bound by any rules of court or and/or arbitrators. The said Referee referee shall be entitled to determine whether, how, where and when submissions are to be made to him, it being the intention of the Parties parties that any such dispute disputes shall be determined at the minimum costs cost and with the minimum delay possible in the circumstances. Any decision of the said Refereereferee, including any decisions decision as to costs, will shall be final and binding upon the Parties parties and shall not be open to dispute by either of them.

Appears in 2 contracts

Samples: fisheaglemews.co.za, fisheaglemews.co.za

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