Common use of Submission of a Claim Clause in Contracts

Submission of a Claim. If the dispute has not been settled within eight months from the date of notice of dispute, a claim may be submitted, at the discretion of the investor, to: (a) any competent court or administrative tribunal of the Party to the dispute; or (b) arbitration in accordance with this Section under: (i) the ICSID Convention, if the ICSID Convention is available; (ii) the ICSID Additional Facility Rules, if the ICSID Additional Facility Rules are available; (iii) the UNCITRAL Arbitration Rules; or (iv) if agreed by both parties to the dispute, any other arbitration institution or any other arbitration rules.

Appears in 4 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade 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!