Common use of Suspension or Termination of Proceedings Clause in Contracts

Suspension or Termination of Proceedings. 1. Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months. If the work of an arbitral tribunal has been suspended for more than 12 months, the tribunal's authority for considering the dispute shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 3 contracts

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

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Suspension or Termination of Proceedings. 1. Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months. If the work of an arbitral tribunal has been suspended for more than 12 months, the tribunal's ’s authority for considering the dispute shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral An arbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 3 contracts

Samples: Closer Economic Partnership Agreement, Closer Economic Partnership Agreement, Free Trade Agreement

Suspension or Termination of Proceedings. 1. Where The disputing Parties may agree that the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. If the work of an the arbitral tribunal has been suspended for more than 12 months, the tribunal's authority for considering establishment of the dispute tribunal shall lapse unless the disputing Parties agree otherwise. 2. The disputing Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying in the chair of event that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior a mutually satisfactory solution to release of its final award, propose that the Parties seek to settle the dispute amicablyhas been found.

Appears in 3 contracts

Samples: Trans Pacific Strategic Economic Partnership Agreement, Trans Pacific Strategic Economic Partnership Agreement, Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. Where The parties may agree that the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 monthsmonths following the date of such agreement. If if the work of an the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the establishment of the arbitral tribunal's authority for considering , unless the parties to the dispute shall lapse unless the Parties agree otherwise. 2. The Parties parties may agree at any time to terminate the proceedings as a result of an a mutually satisfactory solution to the dispute. without prejudice to the foregoing, the complaining party may at any time withdraw the request for the establishment of the arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunalshall terminate immediately. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 3 contracts

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

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may suspend suspends its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. If the work of an the arbitral tribunal has been suspended for more than 12 months, the tribunal's authority for considering establishment of the dispute arbitral tribunal shall lapse unless except as the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 2 contracts

Samples: Free Trade Agreement, Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months. If the work of an arbitral tribunal has been suspended for more than 12 months, the tribunal's ’s authority for considering the dispute shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral An arbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 2 contracts

Samples: Closer Economic Partnership Agreement, Closer Economic Partnership Agreement

Suspension or Termination of Proceedings. 1. Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months. If the work of an arbitral tribunal has been suspended for more than 12 months, the tribunal's ’s authority for considering the dispute shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 2 contracts

Samples: Free Trade Agreement, Closer Economic Partnership Agreement

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. If the work of an the arbitral tribunal has been suspended for more than 12 months, the tribunal's authority for considering establishment of the dispute arbitral tribunal shall lapse be terminated, unless the Parties disputing parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings as a result of an arbitral tribunal established under this Agreement by jointly notifying a mutually satisfactory resolution of the chair of that arbitral tribunal. 3dispute. Anarbitral tribunal Notwithstanding the foregoing, the complaining party may, at any stage time, withdraw the request for the establishment of the proceedings prior to release of arbitral tribunal and the arbitral tribunal shall immediately terminate its final award, propose that the Parties seek to settle the dispute amicablywork.

Appears in 1 contract

Samples: Economic Complementation Agreement

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may suspend suspends its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. In the event of such a suspension, the time-frames set out in paragraphs 2, 5 and 7 of Article 184 and paragraph 7 of Article 186 shall be extended by the amount of time that the work was suspended. If the work of an the arbitral tribunal has been suspended for more than 12 months, the tribunal's authority for considering establishment of the dispute arbitral tribunal shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 1 contract

Samples: Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. Where the Parties agree, an arbitral tribunal The parties may agree to suspend its work arbitration at any time for a period not exceeding 12 monthstwelve (12) months from the date of the joint communication to the arbitral tribunal's president, interrupting the computation of the terms by the arbitrator. For such suspension. If the work of an arbitral tribunal has been arbitration procedure is suspended for more than 12 twelve (12) months, the tribunal's authority for considering the dispute proceeding initiated shall lapse be terminated unless the Parties parties agree otherwise. 2. The Parties may agree to terminate the arbitral proceedings by joint notification to the arbitral tribunal president at any time prior to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage notification of the proceedings prior arbitral award to release of its final award, propose that the Parties seek to settle the dispute amicablyParties.

Appears in 1 contract

Samples: Investment Agreement

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may suspend suspends its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. If the work of an the arbitral tribunal has been suspended for more than 12 months, the tribunal's authority terms of reference for considering establishment of the dispute arbitral tribunal shall lapse lapse, unless the Parties agree otherwiseotherwise agree. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 1 contract

Samples: Free Trade Agreement

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Suspension or Termination of Proceedings. 1. Where The Parties to the Parties agree, an arbitral tribunal dispute may suspend agree that the Arbitral Tribunal suspends its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. If the work of an arbitral tribunal the Arbitral Tribunal has been suspended for more than 12 months, the tribunal's authority terms of reference for considering establishment of the dispute Arbitral Tribunal shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicablyotherwise agree.

Appears in 1 contract

Samples: Free Trade Agreement

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may Arbitral Tribunal suspend its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. If the work of an arbitral tribunal the Arbitral Tribunal has been suspended for more than 12 months, the tribunal's authority for considering establishment of the dispute Tribunal shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying Arbitral Tribunal in the chair of event that arbitral tribunala mutually satisfactory solution to the dispute has been found. 3. Anarbitral tribunal mayBefore the Arbitral Tribunal presents its final report, it may at any stage of the proceedings prior propose to release of its final award, propose the Parties that the Parties seek to settle the dispute be settled amicably.

Appears in 1 contract

Samples: Free Trade Agreement

Suspension or Termination of Proceedings. 1. Where The parties may agree that the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 monthsmonths following the date of such agreement. If the work of an the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the establishment of the arbitral tribunal's authority for considering , unless the parties to the dispute shall lapse unless the Parties agree otherwise. 2. The Parties parties may agree at any time to terminate the proceedings as a result of an a mutually satisfactory solution to the dispute. Without prejudice to the foregoing, the complaining party may at any time withdraw the request for the establishment of the arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunalshall terminate immediately. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.

Appears in 1 contract

Samples: Free Trade Agreement

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 monthstwelve months from the date of such agreement. If the work of an the arbitral tribunal has been suspended for more than 12 twelve months, the tribunal's authority for considering establishment of the dispute arbitral tribunal shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying in the chair of event that arbitral tribunala mutually satisfactory solution to the dispute has been found. 3. Anarbitral Before the arbitral tribunal maypresents its final report, it may at any stage of the proceedings prior propose to release of its final award, propose the Parties that the Parties seek to settle the dispute be settled amicably.

Appears in 1 contract

Samples: Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may suspend suspends its work at any time for a period not exceeding 12 monthstwelve (12) months from the date of such agreement. If In the work event of an arbitral tribunal has been suspended for more than 12 monthssuch a suspension, the tribunal's authority for considering the dispute shall lapse unless the Parties agree otherwise. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, at any stage of the proceedings prior to release of its final award, propose that the Parties seek to settle the dispute amicably.time-frames set out in Article 12.11(2) (5) and (7) and

Appears in 1 contract

Samples: Free Trade Agreement

Suspension or Termination of Proceedings. 1. Where The Parties may agree that the Parties agree, an arbitral tribunal may suspend Arbitral Tribunal suspends its work at any time for a period not exceeding 12 monthsmonths from the date of such agreement. In such event, the Parties shall jointly notify the chair of the Arbitral Tribunal. If the work of an arbitral tribunal the Arbitral Tribunal has been suspended for more than 12 months, the tribunal's authority terms of reference for considering the dispute Arbitral Tribunal shall lapse unless the Parties agree otherwiseotherwise agree. 2. The Parties may agree at any time to terminate the proceedings of an arbitral tribunal established under this Agreement Arbitral Tribunal by jointly notifying the chair of that arbitral tribunal. 3. Anarbitral tribunal may, the Arbitral Tribunal at any stage time before the issuance of the proceedings prior final report to release of its final award, propose that the Parties seek to settle the dispute amicablyParties.

Appears in 1 contract

Samples: Dispute Settlement Agreement

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