Examples of Arbitrable Dispute in a sentence
Arbitration may be initiated by a Party or Parties (“Claimant”) serving written notice on the other Party or Parties (“Respondent”) that the Claimant has referred the Arbitrable Dispute to binding arbitration.
The Sellers, to the extent more than one of them is a party to such Arbitrable Dispute whether as Claimant or Respondent, will be treated as one “Party” for purposes of appointing a Party appointed arbitrator.
Claimant’s notice initiating binding arbitration must describe in reasonable detail the nature of the Arbitrable Dispute and the facts and circumstances relating thereto and identify the arbitrator Xxxxxxxx has appointed.
All statutes of limitations and defenses based upon passage of time applicable to an Arbitrable Dispute (including any counterclaim or setoff) shall be interrupted solely with respect to the matters that are the subject of such Arbitrable Dispute by the initiating of the dispute resolution process pursuant to this Section 14 and suspended while any of the dispute resolution processes described in this Section 14 is pending.