Common use of Reference to Arbitration Clause in Contracts

Reference to Arbitration. (a) Insofar as the Parties are unable to agree on any matter which expressly may be referred to arbitration hereunder, either Party may serve the other Party written notice that it wishes such matter referred to arbitration. (b) The Parties shall meet within seven (7) days of the receipt of a notice issued pursuant to Subclause 9.1(a), to attempt to agree on a single arbitrator qualified by experience, education and training, to determine such matter. If the Parties are unable to agree on the selection of the arbitrator, the Party which issued such notice shall forthwith make application to a judge of the Court of Queen's Bench of the Province of Alberta pursuant to the Arbitration Act (Alberta) for the appointment of a single arbitrator, and failing such action on the part of the Party which issued such notice, the other Party may make such application.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Barnwell Industries Inc), Purchase and Sale Agreement (Barnwell Industries Inc), Purchase and Sale Agreement (Barnwell Industries Inc)

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Reference to Arbitration. (a) Insofar as the Parties are unable to agree on any matter which expressly may be referred to arbitration hereunder, either Party may serve the other Party written notice that it wishes such matter referred to arbitration. (b) The Parties shall meet within seven (7) 7 days of the receipt of a notice issued pursuant to Subclause 9.1(a), Section 11.1(a) to attempt to agree on a single arbitrator qualified by experience, education and training, to determine such matter. If the Parties are unable to agree on the selection of the arbitrator, the Party which issued such notice shall forthwith make application to a judge of the Court of Queen's Bench of the Province of Alberta pursuant to the Arbitration Act (Alberta) for the appointment of a single arbitrator, and failing such action on the part of the Party which issued such notice, the other Party may make such application.

Appears in 2 contracts

Samples: Share Purchase Agreement (Markwest Hydrocarbon Inc), Share Purchase Agreement (Markwest Hydrocarbon Inc)

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Reference to Arbitration. (a) Insofar as the Parties are unable to agree on any matter which expressly may be referred to arbitration hereunder, either Party may serve the other Party written notice that it wishes such matter referred to arbitration. (b) The Parties shall meet within seven (7) days of the receipt of a notice issued pursuant to Subclause 9.1(a9.01(a), to attempt to agree on a single arbitrator qualified by experience, education and training, to determine such matter. If the Parties are unable to agree on the selection of the arbitrator, the Party which issued such notice shall forthwith make application to a judge of the Court of Queen's Bench of the Province of Alberta pursuant to the Arbitration Act of the Province of Alberta (Alberta“Arbitration Act”) for the appointment of a single arbitrator, and failing such action on the part of the Party which issued such notice, the other Party may make such application.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Kodiak Energy, Inc.)

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