Common use of Suspension or Termination of Proceedings Clause in Contracts

Suspension or Termination of Proceedings. 1. The parties may agree that the arbitral tribunal suspend its work at any time for a period not exceeding 12 months following the date of such agreement. if the work of the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the establishment of the arbitral tribunal, unless the parties to the dispute agree otherwise. 2. The parties may agree to terminate the proceedings as a result of 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 shall terminate immediately.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Suspension or Termination of Proceedings. 1. The parties disputing Parties may agree that the arbitral tribunal suspend its work at any time for a period not exceeding 12 months following from the date of such agreement. if If the work of the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the authority for establishment of the arbitral tribunal, tribunal shall lapse unless the parties to the dispute disputing Parties agree otherwise. 2. The parties disputing Parties may agree to terminate the proceedings as a result of an arbitral tribunal in the event that 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 shall terminate immediatelydispute has 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. The parties may agree that Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months following the date of such agreementmonths. if If the work of the an arbitral tribunal has been suspended for more than 12 months, the tribunal’s authority for considering the dispute shall be without effect on the establishment of the arbitral tribunal, lapse unless the parties to the dispute Parties agree otherwise. 2. The parties Parties may agree at any time to terminate the proceedings as a result of a mutually satisfactory solution to an arbitral tribunal established under this Agreement by jointly notifying the disputechair of that arbitral tribunal. 3. without prejudice to the foregoingAn arbitral tribunal may, the complaining party may at any time withdraw the request for the establishment stage of the arbitral tribunal shall terminate immediatelyproceedings 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. The parties may agree that Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months following the date of such agreementmonths. if If the work of the an arbitral tribunal has been suspended for more than 12 months, the tribunal's authority for considering the dispute shall be without effect on the establishment of the arbitral tribunal, lapse unless the parties to the dispute Parties agree otherwise. 2. The parties Parties may agree at any time to terminate the proceedings as a result of a mutually satisfactory solution to an arbitral tribunal established under this Agreement by jointly notifying the disputechair of that arbitral tribunal. 3. without prejudice to the foregoingAnarbitral tribunal may, the complaining party may at any time withdraw the request for the establishment stage of the arbitral tribunal shall terminate immediatelyproceedings 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. The parties may agree that Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months following the date of such agreementmonths. if If the work of the an arbitral tribunal has been suspended for more than 12 months, the tribunal’s authority for considering the dispute shall be without effect on the establishment of the arbitral tribunal, lapse unless the parties to the dispute Parties agree otherwise. 2. The parties Parties may agree at any time to terminate the proceedings as a result of a mutually satisfactory solution to an arbitral tribunal established under this Agreement by jointly notifying the disputechair of that arbitral tribunal. 3. without prejudice to the foregoingAn arbitral tribunal may, the complaining party may at any time withdraw the request for the establishment stage of the arbitral tribunal shall terminate immediatelyproceedings 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. The parties may agree that Where the Parties agree, an arbitral tribunal may suspend its work at any time for a period not exceeding 12 months following the date of such agreementmonths. if If the work of the an arbitral tribunal has been suspended for more than 12 months, the tribunal’s authority for considering the dispute shall be without effect on the establishment of the arbitral tribunal, lapse unless the parties to the dispute Parties agree otherwise. 2. The parties may agree to terminate the proceedings as a result of 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 shall terminate immediately.

Appears in 2 contracts

Samples: Free Trade Agreement, Closer Economic Partnership Agreement

Suspension or Termination of Proceedings. 1. The parties Parties may agree that the arbitral tribunal suspend suspends its work at any time for a period not exceeding 12 months following from the date of such agreement. if If the work of the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the authority for establishment of the arbitral tribunal, unless tribunal shall lapse except as the parties to the dispute Parties agree otherwise. 2. The parties Parties may agree to terminate the proceedings as a result of 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 an arbitral tribunal shall terminate immediatelytribunal.

Appears in 2 contracts

Samples: Free Trade Agreement, Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. The parties Parties may agree that the arbitral tribunal suspend Arbitral Tribunal suspends its work at any time for a period not exceeding 12 months following from the date of such agreement. if In such event, the Parties shall jointly notify the chair of the Arbitral Tribunal. If the work of the arbitral tribunal Arbitral Tribunal has been suspended for more than 12 months, the terms of reference for the Arbitral Tribunal shall be without effect on the establishment of the arbitral tribunal, lapse unless the parties to the dispute agree otherwiseParties otherwise agree. 2. The parties Parties may agree to terminate the proceedings as a result of a mutually satisfactory solution to an Arbitral Tribunal by jointly notifying the dispute. without prejudice to chair of the foregoing, the complaining party may Arbitral Tribunal at any time withdraw before the request for the establishment issuance of the arbitral tribunal shall terminate immediatelyfinal report to the Parties.

Appears in 1 contract

Samples: Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. The parties Parties may agree that the arbitral tribunal suspend suspends its work at any time for a period not exceeding 12 months following from the date of such agreement. if If the work of the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the terms of reference for establishment of the arbitral tribunaltribunal shall lapse, unless the parties to the dispute agree otherwiseParties otherwise agree. 2. The parties Parties may agree to terminate the proceedings as a result of 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 an arbitral tribunal shall terminate immediatelytribunal.

Appears in 1 contract

Samples: Free Trade Agreement

Suspension or Termination of Proceedings. 1. The parties may agree that the arbitral tribunal suspend its work at any time for a period not exceeding 12 months following the date of such agreement. if If the work of the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the establishment of the arbitral tribunal, unless the parties to the dispute agree otherwise. 2. The parties may agree to terminate the proceedings as a result of a mutually satisfactory solution to the dispute. without Without prejudice to the foregoing, the complaining party may at any time withdraw the request for the establishment of the arbitral tribunal shall terminate immediately.

Appears in 1 contract

Samples: Free Trade Agreement

AutoNDA by SimpleDocs

Suspension or Termination of Proceedings. 1. The parties Parties may agree that the arbitral tribunal may suspend its work at any time for a period not exceeding 12 months following from the date of such agreement. if If the work of the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the establishment of the arbitral tribunaltribunal shall be terminated, unless the disputing parties to the dispute agree otherwise. 2. The parties Parties may agree to terminate the proceedings as a result of a mutually satisfactory solution to resolution of the dispute. without prejudice to Notwithstanding the foregoing, the complaining party may may, at any time time, withdraw the request for the establishment of the arbitral tribunal and the arbitral tribunal shall immediately terminate immediatelyits work.

Appears in 1 contract

Samples: Economic Complementation Agreement

Suspension or Termination of Proceedings. 1. The parties Parties may agree that the arbitral tribunal suspend suspends its work at any time for a period not exceeding 12 twelve (12) months following from the date of such agreement. if In the work event of the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the establishment of the arbitral tribunal, unless the parties to the dispute agree otherwise. 2. The parties may agree to terminate the proceedings as such a result of a mutually satisfactory solution to the dispute. without prejudice to the foregoingsuspension, the complaining party may at any time withdraw the request for the establishment of the arbitral tribunal shall terminate immediately.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. The parties Parties may agree that the arbitral tribunal suspend its work at any time for a period not exceeding 12 twelve months following from the date of such agreement. if If the work of the arbitral tribunal has been suspended for more than 12 twelve months, shall be without effect on the authority for establishment of the arbitral tribunal, tribunal shall lapse unless the parties to the dispute Parties agree otherwise. 2. The parties Parties may agree to terminate the proceedings as a result of an arbitral tribunal in the event that a mutually satisfactory solution to the disputedispute has been found. 3. without prejudice to Before the foregoingarbitral tribunal presents its final report, the complaining party it may at any time withdraw the request for the establishment stage of the arbitral tribunal shall terminate immediatelyproceedings propose to the Parties that the dispute be settled amicably.

Appears in 1 contract

Samples: Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. The parties Parties may agree that the arbitral tribunal Arbitral Tribunal suspend its work at any time for a period not exceeding 12 months following from the date of such agreement. if If the work of the arbitral tribunal Arbitral Tribunal has been suspended for more than 12 months, shall be without effect on the authority for establishment of the arbitral tribunal, Tribunal shall lapse unless the parties to the dispute Parties agree otherwise. 2. The parties Parties may agree to terminate the proceedings as a result of an Arbitral Tribunal in the event that a mutually satisfactory solution to the disputedispute has been found. 3. without prejudice to Before the foregoingArbitral Tribunal presents its final report, the complaining party it may at any time withdraw the request for the establishment stage of the arbitral tribunal shall terminate immediatelyproceedings propose to the Parties that the dispute be settled amicably.

Appears in 1 contract

Samples: Free Trade Agreement

Suspension or Termination of Proceedings. 1. The parties Parties may agree that the arbitral tribunal suspend suspends its work at any time for a period not exceeding 12 months following from the date of such agreement. if 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 the arbitral tribunal has been suspended for more than 12 months, shall be without effect on the establishment of the arbitral tribunal, unless the parties to the dispute agree otherwise. 2. The parties may agree to terminate the proceedings as a result of a mutually satisfactory solution to the dispute. without prejudice to the foregoing, the complaining party may at any time withdraw the request authority for the establishment of the arbitral tribunal shall terminate immediatelylapse unless the Parties agree otherwise.

Appears in 1 contract

Samples: Dispute Settlement Agreement

Suspension or Termination of Proceedings. 1. The parties may agree that the arbitral tribunal to suspend its work arbitration at any time for a period not exceeding 12 twelve (12) months following from the date of such agreement. if the work joint communication to the arbitral tribunal's president, interrupting the computation of the arbitral tribunal has been terms by the arbitrator. For such suspension. If the arbitration procedure is suspended for more than 12 twelve (12) months, the proceeding initiated shall be without effect on the establishment of the arbitral tribunal, terminated unless the parties to the dispute agree otherwise. 2. The parties Parties may agree to terminate the arbitral proceedings as a result of a mutually satisfactory solution by joint notification to the dispute. without prejudice to the foregoing, the complaining party may arbitral tribunal president at any time withdraw prior to the request for the establishment notification of the arbitral tribunal shall terminate immediatelyaward to the Parties.

Appears in 1 contract

Samples: Investment Agreement

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