Common use of Scope, Consultations, Mediation and Conciliation Clause in Contracts

Scope, Consultations, Mediation and Conciliation. (1) At the request of either Party a dispute concerning the interpretation or application of this Agreement may be submitted to an arbitration tribunal for decision not earlier than 60 days after such request has been notified to the other Party. (2) A Party shall not initiate proceedings under Articles 19-25 of this Agreement for a dispute regarding the infringement of rights of an investor which that investor has submitted to arbitration under Articles 13-18 of this Agreement, except for the cases when the Party has failed to abide by and comply with the award or those proceedings have terminated without resolution by an arbitration tribunal of the investor’s claim.

Scope, Consultations, Mediation and Conciliation. (1) At the request of either Party a dispute concerning the interpretation or application of this Agreement may be submitted to an arbitration tribunal for decision not earlier than 60 days after such request has been notified to the other Party. (2) A Party shall not initiate proceedings under Articles 19-25 of this Agreement for a dispute regarding the infringement of rights of an investor which that investor has submitted to arbitration under Articles 13-18 of this Agreement, except for the cases when the Party has failed to abide by and comply with the award or those proceedings have terminated without resolution by an arbitration tribunal of the investor’s 's claim.