Common use of Third Party Funding Clause in Contracts

Third Party Funding. 1. A claimant benefiting from a third party funding arrangement shall disclose to the respondent Party and to the Tribunal the name and address of the third party funder. 2. The claimant shall make the disclosure under paragraph 1 at the time of the submission of a claim to arbitration under Article 27 (Submission of a Claim to Arbitration), or, if the third party funding is arranged after the submission of a claim, within ten days of the date on which the third party funding was arranged. 3. The claimant shall have a continuing obligation to disclose any changes to the information referred to in paragraph 1 occurring after its initial disclosure, including termination of the third party funding arrangement.

Third Party Funding. 1. A claimant benefiting from a third party funding arrangement shall disclose to the respondent Party and to the Tribunal the name and address of the third party funder. 2. The claimant shall make the disclosure under paragraph 1 at the time of the submission of a claim to arbitration under Article 27 17.23 (Submission of a Claim to Arbitration), or, if the third party funding is arranged after the submission of a claim, within ten 10 days of the date on which the third party funding was arranged. 3. The claimant shall have a continuing obligation to disclose any changes to the information referred to in paragraph 1 occurring after its initial disclosure, including termination of the third party funding arrangement.

Third Party Funding. 1. A claimant benefiting Where the Claimant benefits from a third third-party funding arrangement arrangement, it shall disclose to the respondent Party Respondent and to the Tribunal the name and address of the third third-party funder. 2. The claimant Claimant shall make the disclosure under paragraph 1 of this Article at the time of the submission of a claim to arbitration under Article 27 (Submission 9 of a Claim to Arbitration)this Agreement, or, if the third third-party funding is arranged after the submission of a claim, within ten days of the date on which the third third-party funding was arranged. 3. The claimant Claimant shall have a continuing obligation to disclose any changes to the information referred to in paragraph 1 of this Article occurring after its initial disclosure, including termination of the third third-party funding arrangement.