Common use of Reference to URCA Clause in Contracts

Reference to URCA. 5.1 After the expiry of thirty (30) Working Days after a dispute has been referred to the Executives under Clause 4, step 4 in the table above, the Executives having agreed that a dispute should be referred to URCA, both Parties shall refer the dispute to URCA. Each Party will bear its own costs of the reference of any dispute to URCA. The Parties shall follow the processes and timescales set out by URCA in any regulations relevant to dispute resolution. ANNEX G DEFINITIONS

Reference to URCA. 5.1 After the expiry of thirty (30) 30 Working Days after a dispute has been referred to the Executives under Clause 4, step 4 in the table above, the Executives having agreed that a dispute should be referred to URCA, both Parties shall either Party may refer the dispute to URCA. Each Party will bear its own costs of any reference to the reference of any dispute to URCA. The Parties shall follow the processes and timescales set out by URCA in any regulations relevant to dispute resolution. ANNEX G DEFINITIONS.

Reference to URCA. 5.1 E.5.1 After the expiry of thirty (30) 30 Working Days after a dispute has been referred to the Chief Executives under Clause 4, step 4 in the table above, the Executives having agreed that a dispute should be referred to URCA, both Parties shall either Party may refer the dispute to URCA. Each Party will bear its own costs of any reference to the reference of any dispute to URCA. The Parties shall follow the processes and timescales set out by URCA in any regulations relevant to dispute resolution. ANNEX G DEFINITIONS.