Common use of Settlement of Disputes between the Parties Clause in Contracts

Settlement of Disputes between the Parties. 1. In terms of this chapter, amending article XX (dispute settlement) applies to the settlement of disputes between the parties concerning this chapter. 2. The Financial Services Committee shall be by consensus a list of up to 10 individuals including up to five individuals of each Party who have the skills and necessary provisions to serve as arbitrators in disputes related to this chapter. members of the roster shall, in addition to satisfy the requirements set out in chapter XX (dispute settlement), have expertise or experience in financial matters arising from the exercise of responsibilities in the financial sector, or in its regulation. 3. For the purposes of the Constitution of the arbitral tribunal shall be used the list referred to in paragraph 2, except that warring parties agree that may be part of the arbitral tribunal individuals not included in the list provided that they comply with the requirements established in paragraph 2. the Chairman of the arbitral tribunal provided shall be selected from the roster. 4. In any dispute where the arbitral tribunal has found that a measure is inconsistent with the obligations of this chapter, where appropriate the suspension of benefits referred to in chapter XX (dispute settlement) and the measure affects: a) Only the financial services sector, the complaining party may suspend benefits only in this sector; b) The financial services sector and any other sectors, the complaining party may suspend benefits in the financial services sector that have an effect equivalent to the effect of the measure in the financial services sector; or c) Any other sector except services, the complaining party may not suspend benefits in the financial services sector.

Settlement of Disputes between the Parties. 1. In terms of As amended by this chapterArticle, amending article XX (dispute settlement) Chapter XIX applies to the settlement of disputes arising between the parties concerning Parties with respect to this chapterChapter. 2. The Financial Services Committee shall be establish by consensus a list of up to 10 individuals fifteen individuals, including up to five individuals of from each Party Party, who have the necessary skills and necessary provisions qualifications to serve act as arbitrators in disputes related to under this chapterChapter. The members of the this roster shall, in addition to satisfy satisfying the requirements set out forth in chapter XX Article 19-08, paragraph 2(b), (dispute settlementc) and (d), have expertise or experience specialized knowledge in financial matters arising or extensive experience derived from the exercise of responsibilities in the financial sector, or in its regulation. 3. For the purposes of the Constitution constitution of the arbitral tribunal shall be used referred to in Article 19-09, the list referred to in paragraph 22 shall be used, except that warring parties unless the disputing Parties agree that may be part of the arbitral tribunal individuals not included in that list may serve on the list arbitral tribunal, provided that they comply with meet the requirements established set forth in paragraph 2. the Chairman of the arbitral tribunal provided shall be selected from the roster. 4. In any dispute where in which the arbitral tribunal has found that a measure is to be inconsistent with the obligations of this chapterAgreement, where appropriate the suspension of benefits referred to in chapter XX (dispute settlement) Article 19-16 applies, and the measure affects: a) Only only to the financial services sector, the complaining party Party may suspend benefits only in this that sector; b) The to the financial services sector and any other sectorssector, the complaining party Party may suspend benefits in the financial services sector that have an effect equivalent to the effect of the that measure in on the financial services sector; or c) Any any sector other sector except than services, the complaining party Party may not suspend benefits in the financial services sector.

Settlement of Disputes between the Parties. 1. In terms of As amended by this chapterArticle, amending article XX Chapter XIX (dispute settlementDispute Settlement) applies to the settlement of disputes arising between the parties concerning Parties with respect to this chapterChapter. 2. The Financial Services Committee Working Group shall be establish by consensus a list roster of up to 10 individuals ten individuals, including up to five individuals of from each Party Party, who have the necessary skills and necessary provisions qualifications to serve act as arbitrators in disputes related relating to this chapterChapter. The members of the this roster shall, in addition to satisfy meeting the requirements set out forth in chapter XX Chapter XIX (dispute settlementDispute Settlement), have expertise or experience specialized knowledge in financial matters arising matters, extensive experience derived from the exercise of responsibilities in the financial sector, sector or in its regulation. 3. For the purposes of the Constitution constitution of the arbitral tribunal shall be used tribunal, the list referred to in paragraph 22 shall be used, except that warring parties the disputing Parties may agree that individuals not included in that list may be form part of the arbitral tribunal individuals not included in the list tribunal, provided that they comply with meet the requirements established set forth in paragraph 2. the Chairman of the arbitral tribunal provided shall be selected from the roster. 4. In any dispute where in which the arbitral tribunal has found that a measure is to be inconsistent with the obligations of this chapter, Chapter where appropriate the suspension of benefits referred to in chapter XX Chapter XIX (dispute settlementDispute Settlement) is appropriate and the measure affects: (a) Only only the financial services sector, the complaining party Party may suspend benefits only in this that sector; (b) The the financial services sector and any other sectorssector, the complaining party Party may suspend benefits in the financial services sector that have an effect equivalent to the effect of the that measure in on the financial services sector; or (c) Any any sector other sector except servicesthan the financial services sector, the complaining party Party may not suspend benefits in the financial services sector.

Settlement of Disputes between the Parties. 1. In terms of As amended by this chapterArticle, amending article XX Chapter XV (dispute settlementDispute Settlement) applies to the settlement of disputes arising between the parties concerning Parties with respect to this chapterChapter. 2. The Financial Services Committee shall be develop by consensus a list of up to 10 individuals individuals, including up to five 5 individuals of from each Party Party, who have the skills and qualifications necessary provisions to serve as arbitrators panelists in disputes related to under this chapterChapter. The members of the this roster shall, in addition to satisfy satisfying the requirements set out in chapter XX Chapter XV (dispute settlementDispute Settlement), have expertise or experience in financial matters arising or extensive experience derived from the exercise of responsibilities in the financial sector, sector or in its regulation. 3. For the purposes of the Constitution constitution of the arbitral tribunal shall be used Panel, the list referred to in paragraph 22 shall be used, except that warring parties the disputing Parties may agree that may be part of the arbitral tribunal individuals not included in that list may serve on the list Panel, provided that they comply with meet the requirements established set forth in paragraph 2. the Chairman of the arbitral tribunal provided shall be selected from the roster. 4. In any dispute where in which the arbitral tribunal Panel has found that a measure is to be inconsistent with the obligations of this chapterAgreement, where appropriate the suspension of benefits referred to in chapter XX Chapter XV (dispute settlementDispute Settlement) is appropriate and the measure affects: a) Only only to the financial services sector, the complaining party Party may suspend benefits only in this that sector; b) The to the financial services sector and any other sectorssector, the complaining party Party may suspend benefits in the financial services sector that have an effect equivalent to the effect of the that measure in on the financial services sector; or c) Any In the case of any sector other sector except servicesthan the financial services sector, the complaining party Party may not suspend benefits in the financial services sector.