Designated Arbitrator definition
Examples of Designated Arbitrator in a sentence
Within fifteen days of the Commencement Date, the Responding Party shall designate its Party Designated Arbitrator.
The foregoing determinations shall be competent evidence to be utilized in proceedings before the Judicial Committee and/or Designated Arbitrator.
In the event that the two (2) arbitrators selected as provided in this Section 5.1.2(a) of this Exhibit D fail to appoint the Mutually Designated Arbitrator within forty-five (45) days after Definitive Agreement Arbitration Notice Date, then the Mutually Designated Arbitrator will be appointed pursuant to the Administered Rules.
If the parties fail to agree upon a Designated Arbitrator, then the Designated Arbitrator shall be a firm of certified public accountants designated by the American Arbitration Association in New York, New York.
All fees and costs of the Designated Arbitrator, if any, shall be paid by the Party whose Closing Working Capital Value is rejected by the Designated Arbitrator.
Within thirty (30) days after the date such notice is given (the date such notice is given, the “Definitive Agreement Arbitration Notice Date”), each of Licensee and Licensor (or its Designee) shall designate (and notify the other of the designation of) an arbitrator and shall instruct such arbitrators to jointly designate the Mutually Designated Arbitrator.
Within thirty (30) days after any resignation by or removal of a Designated Arbitrator, the Crossing Authority and the Executive Office of the Governor of Michigan shall replace its Designated Arbitrator and give notice to the other Parties.
Concurrently with its submission to arbitration, each of the Members shall (i) select an arbitrator (each a "Designated Arbitrator") who is unaffiliated with such party and, to the extent possible, experienced in arbitrating news reporting business or political trade publishing disputes and (ii) notify the other in writing of the identity of the arbitrator so selected.
The Designated Arbitrator, within fifteen (15) days of receiving such proposals and supporting documents, shall choose between the proposals, shall be limited to awarding only one of the proposals submitted and shall provide its decision to the Parties.
Each Party shall submit to the Designated Arbitrator and exchange with each other, on a schedule to be determined by the Designated Arbitrator, a proposed Closing Working Capital Value, together with a statement, including all supporting documents or other evidence upon which it relies, setting forth such Party’s explanation as to why its proposal is reasonable and appropriate.