Common use of TWO Clause in Contracts

TWO. The arbitrators must agree to the rules of the arbitration process, and also to the location of installation or the seat of the court, which will function in Lisbon, using the rules of the International Chamber of Commerce in force at that time for the arbitration proceeding . The period for a decision from the Arbitration Court will be 6 (six) months from the date of appointment of the last arbitrator. The Arbitration Court will rule according to fairness and its decisions are final and enforceable, and no type of appeal to those decisions is allowed.

TWO. The arbitrators must agree to the rules of the arbitration process, and also to the location of installation or the seat of the court, which will function in Lisbon, using the rules of the International Chamber of Commerce in force at that time for the arbitration proceeding proceeding. The period for a decision from the Arbitration Court will be 6 (six) months from the date of appointment of the last arbitrator. The Arbitration Court will rule according to fairness and its decisions are final and enforceable, and no type of appeal to those decisions is allowed.