Common use of Referral to Expert Clause in Contracts

Referral to Expert. 33.3.1 Any dispute or difference between the parties in connection with this Agreement may, if the Council and the Partner agree, be referred to and settled by an independent expert (the "Expert") whose decision in relation to such matters shall be final and binding upon the Parties except in the case of fraud or manifest error. 33.3.2 The Council and the Partner agree that the determination of a dispute or difference between the parties in respect of the Residual Land Value of a Phase and Viability shall be a suitable matter to be determined by the Expert as provided for in this Agreement.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

AutoNDA by SimpleDocs

Referral to Expert. 33.3.1 Any dispute or difference between the parties in connection with this Agreement may, if the Council and the Partner agree, be referred to and settled by an independent expert (the "Expert") whose decision in relation to such matters shall be final and binding upon the Parties except in the case of fraud or manifest error. 33.3.2 The Council and the Partner agree that the determination of a dispute or difference between the parties in respect of the Residual Land Value of a Phase and Viability shall be a suitable matter to be determined by the Expert as provided for in this Agreement. 2 Replacement officers have been nominated since exchange.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!