SETTLEMENT BY ARBITRATION definition

SETTLEMENT BY ARBITRATION. Any claim or controversy that arises out of or relates to this Agreement, or the breach thereof, will be settled by arbitration in the office nearest the Company in accordance with the prevailing rules of the American Arbitration Association. Judgment upon the award rendered may be entered in any court possessing jurisdiction of arbitration awards. Company shall be liable for all legal costs of any such arbitration proceedings or legal proceedings relating to this agreement.
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SETTLEMENT BY ARBITRATION means the process by which an arbitrator appointed by parties or by the Court, as the case may be, adjudicates the disputes between the parties to the suit and passes an award by the application of the provisions of the Arbitration and Conciliation Act. 1996 (26 of 1996), in so far as they refer to arbitration.Page28
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Examples of SETTLEMENT BY ARBITRATION in a sentence

  • SETTLEMENT BY ARBITRATION - Any claim or controversy that arises out of or relates to this agreement, will be settled by arbitration.

  • SETTLEMENT BY ARBITRATION - Any cxxxx xx xxxxxxxxxsy that arises out of or relates to this agreement, will be settled by arbitration.

  • SETTLEMENT BY ARBITRATION - Any clxxx xx xxxxxxxxxxx that arises out of or relates to this agreement, will be settled by arbitration.

  • SETTLEMENT BY ARBITRATION - Anx xxxxx xx xxxxxxxxxxx xxat arises out of or relates to this agreement, will be settled by arbitration.

Related to SETTLEMENT BY ARBITRATION

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

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

  • Compulsory arbitration means the procedure whereby parties involved in a labor 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.

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

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

  • Arbitration Act means the Arbitration and Conciliation Act, 1996 and shall include any amendment to or any re-enactment thereof as in force from time to time.

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • arbitration agreement means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not;

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

  • 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

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

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

  • Expedited Dispute Timetable means the accelerated timetable for the resolution of disputes as set out in paragraph 2.6;

  • Arbitration organization means an association, agency, board, commission, or other entity that is neutral and initiates, sponsors, or administers an arbitration proceeding or is involved in the appointment of an arbitrator.

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

  • Arbitrators has the meaning set forth in Section 9.2(iii).

  • Dispute Resolution Procedure means the procedure for resolving disputes as set out in Clause 17 (Dispute Resolution);

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

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

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

  • Mediation agreement means a written agreement between the parties to a mediation meeting.

  • 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.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Agreement Disputes shall have the meaning set forth in Section 10.1.