Defect Arbitrator definition

Defect Arbitrator has the meaning set forth in Section 20.3.
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Defect Arbitrator has the meaning set forth in Section 20.3. “Deposit” has the meaning set forth in Section 3.2.
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Defect Arbitrator is defined in Section 3.2(f).
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Examples of Defect Arbitrator in a sentence

  • The Defect Arbitrator shall act as an expert for the limited purpose of determining the specific dispute referred to the Defect Arbitrator and may not award damages, interest or penalties to any Party with respect to any matter.

  • Additionally, the Defect Arbitrator may consult with and engage disinterested third parties to advise the arbitrator, including without limitation petroleum or environmental engineers.

  • Seller, on one part, and Buyer, on the other part, shall bear one-half of the costs and expenses of the Defect Arbitrator, including any costs incurred by the Defect Arbitrator that are attributable to such third party consultation.

  • The Defect Arbitrator shall not have been employed by or performed services to any of the Sellers or Buyer for a period of five (5) years prior to the Closing Date.

  • If Seller and Buyer are unable to agree on the Title Defect Arbitrator or Environmental Defect Arbitrator within the 15 day period, any Party hereto must apply exclusively to a Texas court for the selection of an Arbitrator or Environmental Defect Arbitrator, respectively with the qualifications set forth in this paragraph or other interim relief necessary to protect the value of the Oil and Gas Properties and/or the Properties, as the case may be.

  • The Defect Arbitrator shall not have been employed by or performed services to either Seller or Buyer for a period of five (5) years prior to the Closing Date.

  • In the event the Parties are unable to mutually agree upon the Arbitrator within such time period, then application shall be made to the AAA to appoint the Defect Arbitrator.

  • Seller, on one part, and Buyer, on the other part, shall bear one-half of the costs and expenses of the Defect Arbitrator, including any costs incurred by the Defect Arbitrator that are attributable to any third party consultation.

  • If Seller and Buyer are unable to agree on the Title Defect Arbitrator within the fifteen (15)-day period, either Party hereto may apply to a Colorado court regarding asserted Title Defects and Title Defect Amounts for the selection of a Title Defect Arbitrator with the qualifications set forth in this Section.

  • In making his or her determination, the Title Defect Arbitrator shall be bound by the rules set forth in this Section 8(a) and, subject to the foregoing, may consider such other matters as in the opinion of the Title Defect Arbitrator are necessary to make a proper determination.


More Definitions of Defect Arbitrator

Defect Arbitrator has the meaning assigned to such term in Section 7.8.
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Defect Arbitrator has the meaning set forth in Section 20.3. “Defensible Title” has the meaning set forth in Section 7.1.
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Related to Defect Arbitrator

  • Arbitrator means the authority nominated by Chief General Manager (CGM) for arbitration.

  • Accounting Arbitrator has the meaning set forth in Section 2.6(c).

  • Arbitrable Dispute means any dispute arising under or in connection with this Agreement.

  • Arbitrators has the meaning set forth in Section 11.5.3.

  • Arbitration Panel shall have the meaning set forth in Section 3 hereof.

  • Arbitration means any arbitration whether or not administered by a permanent arbitral institution;

  • Referee means a person who is designated as a referee under the friend of the court act.

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Notice of Arbitration means the formal notice from the CONTRACTOR or the CUSTOMER to the other party referring a dispute to arbitration in accordance with the provisions of Schedule 2-9.

  • Mediator means an individual who conducts a mediation.

  • Arbitration Board has the meaning set forth in Section 9.10.

  • Dispute Board (DB) means the person or persons named as such in the SCC appointed by agreement between the Procuring Entity and the Contractor to make a decision with respect to any dispute or difference between the Procuring Entity and the Contractor referred to him or her by the Parties pursuant to GCC Sub-Clause 46.1 (Dispute Board) hereof.

  • Arbitration Tribunal means an organ composed of an odd number of persons known as arbitrators, who decide on the solution of a conflict in which the parties have expressly waived recourse to the ordinary civil courts

  • Arbitration Award shall have the meaning given such term in Section 22.5.

  • Arbiter has the meaning set forth in Section 2.3(c).

  • UNCITRAL Arbitration Rules means the arbitration rules of the United Nations Commission on International Trade Law.

  • AAA Rules has the meaning set forth in Section 11.2.

  • Formal Dispute means a written objection by an Interested Party to any of the following:

  • Agreement Disputes shall have the meaning set forth in Section 6.1.

  • Neutral ’ means an individual who, with respect to an issue in controversy, functions specifically to aid the parties in resolving the controversy;

  • Voluntary arbitration means the procedure whereby parties involved in a labor dispute

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Expedited Dispute Timetable means the timetable set out in paragraph 164 of Call Off Schedule 11 (Dispute Resolution Procedure);

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Disputing Party has the meaning specified in Paragraph 5.