Provisional Award definition
Examples of Provisional Award in a sentence
In acting pursuant to this provision, the Tribunal shall respect paragraph 6 of Article 3.53 (Provisional Award).
Articles 3.37 (Third-Party Funding), 3.46 (Transparency of Proceedings), 3.47 (Interim Decisions), 3.49 (Discontinuance), 3.51 (The Non-Disputing Party), Article 3.53 (Provisional Award) and 3.56 (Indemnification or Other Compensation) apply in respect of the appeal procedure, mutatis mutandis.
When deciding on the cost of proceedings pursuant to paragraph 4 of Article 3.53 (Provisional Award), the Tribunal shall take into account whether the requirements provided for in paragraphs 1 and 2 of this Article have been respected.
Once the disputing parties agree to have recourse to mediation, the time limits set out in paragraphs 2 and 5 of Article 3.30 (Consultations), paragraph 6 of Article 3.53 (Provisional Award) and paragraph 5 of Article 3.54 (Appeal Procedure) shall be suspended between the date on which it was agreed to have recourse to mediation and the date on which either party to the dispute decides to terminate the mediation, by way of a letter to the mediator and the other disputing party.
The expenses for such support shall be allocated by the Appeal Tribunal among the disputing parties in accordance with paragraph 4 of Article 3.53 (Provisional Award).
In acting pursuant to this provision the Tribunal shall respect Article 2.46 (6) (Provisional Award).
In acting pursuant to this provision the Tribunal shall respect Article 10.53 (10) (Provisional Award).
In the event that the Commercial Operation Date fails to occur within one (1) year after the Date of Provisional Award, Company shall have the right to terminate this Agreement upon written notice to Customer, to be effective as of the date specified in such notice.
Once the disputing parties agree to have recourse to mediation, the time-limits set out in Articles 2.22 (3) (Consultations), 2.22 (5) (Consultations), 2.46 (6) (Provisional Award) and 2.47 (3) (Appeal Procedure) shall be extended by the amount of time from the date on which it was agreed to have recourse to mediation to the date on which either disputing party decides to terminate the mediation, by way of written notice to the mediator and the other disputing party.
Such fees and expenses shall be allocated by the Tribunal, or where applicable by the Appeal Tribunal, among the disputing parties in accordance with paragraph 4 of Article 3.53 (Provisional Award).