Consolidation Order definition

Consolidation Order means an order by a tribunal that a Primary Arbitration and Later Arbitration be resolved in the same arbitral proceedings.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Consolidation Order means an order by a Tribunal that a Primary Dispute and a Linked Dispute be consolidated and heard as one dispute in the same arbitral proceedings.

Consolidation Order has the meaning given to it in Clause 14.1(B)(1).

Examples of Consolidation Order in a sentence

In the event of two or more conflicting Consolidation Orders, the Consolidation Order that was made first in time shall prevail.
If before a Consolidation Order is made by an arbitral tribunal with respect to another arbitration, arbitrators have already been appointed in that other arbitration, their appointment terminates upon the making of such Consolidation Order and they are deemed to be functus officio.
In deciding whether to make such a Consolidation Order, that arbitral tribunal shall consider whether the several arbitrations raise common issues of law or fact and whether to consolidate the several arbitrations would serve the interests of justice and efficiency.
In deciding whether to make such a Consolidation Order, the arbitral tribunal shall consider whether the several arbitrations raise common issues of law or facts and whether to consolidate the several arbitrations would serve the interests of justice and efficiency.
If before a Consolidation Order is made by an arbitral tribunal with respect to another arbitration, the arbitrator has already been appointed in that other arbitration, their appointment terminates upon the making of such Consolidation Order and they are deemed to be functus officio without prejudice to the validity of any acts done or orders made by them prior to the termination.

More Definitions of Consolidation Order

Consolidation Order has the meaning set forth in Section 4.12(i).

Consolidation Order an order by an arbitral tribunal that a First-filed Dispute and a Later Dispute be resolved in the same arbitral proceedings.

Consolidation Order has the meaning set forth in ‎Section 9.9(c).

Consolidation Order means the Order (I) Procedurally Consolidating Adversary Proceedings, and (II) Setting Certain Deadlines with Respect Thereto, entered by the Bankruptcy Court on August 7, 2020 [Docket No. 1407].

Consolidation Order means the Order Substantively Consolidating the Separate Estates of Dee Allen Randall, Horizon Auto Funding, LLC, Independent Commercial Lending, LLC, Horizon Financial Center I, LLC, Horizon Mortgage and Investment Inc. and Horizon Financial & Insurance Group Inc., entered by the Bankruptcy Court on January 30, 2012 [Docket No. 449].

Consolidation Order means an order by a Tribunal that a Primary Dispute and a Linked Dispute be resolved in the same arbitral proceedings.

Consolidation Order has the meaning ascribed in Clause 32.4(b);