Expert Arbitrator definition

Expert Arbitrator means a natural person who (a) is neutral and impartial, (b) has knowledge and expertise in the electric power industry, (c) has not had any commercial relationship with any Party or an Affiliate of a Party (whether as an employee, contractor or otherwise) for at least five (5) years before being appointed an arbitrator hereunder and (d) is fluent in the English language. A natural person shall not qualify as an "Expert Arbitrator" if his or her spouse, children, parents or siblings (x) has a financial interest in the outcome of any Dispute or (y) does not satisfy the criteria described in the foregoing clause (c).
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Expert Arbitrator has the meaning set forth in Section 21.4.2(a).
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Expert Arbitrator has the meaning set forth in Section 3.1.3(e).
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Examples of Expert Arbitrator in a sentence

  • Notwithstanding anything herein to the contrary, prior to the appointment of an Expert Arbitrator under Section 18.3.1 or the arbitrator or arbitrators under Section 18.3.2, either Party may seek temporary injunctive relief in a court of law with jurisdiction over the Parties to maintain the status quo or prevent irreparable harm.

  • If any Expert Arbitrator is no longer available to serve on the Panel or ceases to satisfy the criteria for an Expert Arbitrator, then the Parties shall promptly agree upon a suitable replacement.

  • The fees and expenses of the Expert Arbitrator or arbitrator(s), as applicable, and the costs of the facilities required for the Expert Arbitration or arbitration, as applicable, shall be paid equally by the Parties, unless the award specifies a different division of such costs and expenses.

  • The Expert Arbitrator or arbitrator(s), as applicable, shall agree to hold any information received during the Expert Arbitration or arbitration, as applicable, in the strictest of confidence and shall not disclose to any non-party the existence, contents or results of the Expert Arbitration or arbitration, as applicable, or any other information about such Expert Arbitration or arbitration, as applicable.

  • A Party shall accept or reject any Expert Arbitrator Candidate proposed by the other Party within ten (10) Business Days after such proposal.

  • The Buyer must also ensure that the Expert Arbitrator is given unrestricted access to earlier annual financial statements of MCS.

  • The Expert Arbitrator checks with regard to the points disputed between the parties whether the principles and derivations named in Clauses 6.1 and 6.2 were observed in preparing the Provisional Calculations.

  • The costs and expenses for the Expert Arbitrator and the expert arbitrator's proceedings will initially be paid and shared equally by the parties.

  • Both Parties shall ensure that all documents and data made available to the Expert Arbitrator shall also be made available to the respective other Party.

  • No Expert Arbitrator or arbitrator is empowered to award damages in excess of compensatory damages and each Party expressly waives and foregoes any right to damages, claims, or remedies identified in Article 19.


More Definitions of Expert Arbitrator

Expert Arbitrator has the meaning set out in Clause 9.3.3. “Financial Debt” means the amount of the following obligations of each Group Company, including accrued interest, if any,:
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Expert Arbitrator shall have the meaning as defined in Section 5.9 of this Agreement;
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Expert Arbitrator has the meaning set out in Clause 9.3.3.
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Related to Expert Arbitrator

  • Arbitrators has the meaning set forth in Section 11.5.3.

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

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

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

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

  • Mediator means an individual who conducts a mediation.

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

  • 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.

  • 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

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

  • 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.

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

  • JAMS means JAMS, Inc. or its successor entity, a judicial arbitration and mediation service.

  • 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.

  • ICC Rules means the Rules of Arbitration of the International Chamber of Commerce in effect on the date the applicable arbitration proceeding begins.

  • Panel means the Panel on Takeovers and Mergers;

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

  • Expert is defined in Section 7.9 of this Agreement.

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

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

  • 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.

  • Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.

  • 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.

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

  • Umpire means the third arbitrator appointed pursuant to Section 7.03 (c).