Arbitration Demand Date definition
Examples of Arbitration Demand Date in a sentence
At any time after the first to occur of (i) the date of the meeting actually held pursuant to the applicable Escalation Notice or (ii) 45 days after the delivery of an Escalation Notice (as applicable, the "Arbitration Demand Date"), any party involved in the dispute, controversy or claim (regardless of whether such party delivered the Escalation Notice) may make a written demand (the "Arbitration Demand Notice") that the dispute be resolved by binding arbitration.
In connection with any Arbitrable Dispute in respect of which an Arbitration Demand Notice has been delivered, each party, within five (5) days of the Arbitration Demand Date, shall select one person to act as arbitrator and the two selected shall select a third arbitrator within five (5) days of their appointment.