Common use of Referral of Disputes Clause in Contracts

Referral of Disputes. The Landlord and the Tenant shall endeavour to agree the open market rental value as at the relevant review date but if it has not been agreed by the day three months before the relevant review date the question may be referred by the Landlord or the Tenant to the determination of a referee acting as an arbitrator pursuant to the Arbitration Xxx 0000.

Referral of Disputes. The Landlord and the Tenant shall endeavour to agree the open market rental value as at the relevant review date but if it has not been agreed by the day three months before the relevant review date the question may be referred by the Landlord or the Tenant to the determination of a referee acting as an arbitrator pursuant to the Arbitration Xxx 0000.

Referral of Disputes. The Landlord and the Tenant shall endeavour to agree the open market rental value Open Market Rental Value as at the relevant review date but Review Date but, if it has not been agreed by the day three months before the relevant review date Review Date, the question of the Open Market Rental Value at the Review Date may be referred by the Landlord or the Tenant to the determination of a referee acting as an arbitrator pursuant to the Arbitration Xxx 00000000 or, if the Landlord and Tenant agree, as an expert.