Settlement of Dispute definition

Settlement of Dispute. 1. Any disputes shall be settled amicably between parties based upon good faith;
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Settlement of Dispute. Indonesian National Arbitration Board or Badan Arbitrase Nasional Indonesia (BANI) in accordance with BANI Rules and Law No. 30 of 1999 concerning Arbitration and Alternatives of Dispute Settlements. Consultation/ Coordination Forum: Both parties agree to establish a Consultation/Coordination Forum which will convene a meeting on a periodical basis to settle all matters arising with relation to this Agreement.
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Examples of Settlement of Dispute in a sentence

  • Amicable Settlement of Dispute The party shall use their best efforts amicably all disputes arising out of or in connection this contract or the interpretation thereof.

  • Amicable Settlement of Dispute Page37Contractor and Employer shall use their best efforts to settle amicably all disputes arising out of or in connection with this contract or the interpretation thereof.28.

  • This additional paragraph to Article 17 is inspired by the Judicial Settlement of Dispute Clause in the 1975 Statute of the River Uruguay between Uruguay and Argentina.

  • Further, if discipline is imposed on an employee for reasons based on conduct that occurred while serving in an Appointed position, the employee shall not have access to the Settlement of Dispute procedures in Article 11 of this Agreement.

  • Of rules applied in arbitration in which the Buyer may be interested: Rules of Arbitration for 1976 issued by the UNCITRAL or the Rules on Settlement of Dispute and Arbitration by the International Chamber of Commerce (ICC).If the Buyer selects UNCITRAL rules, the following form of the condition that must be included in the general conditions of the Contract shall be adopted as follows:10-2-a- Any dispute, conflict or demand arising from or connected with this Contract shall be.

  • Chinese Taipei will, in this submission, address some issues of legal interpretation, in particular those relating to the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 ("Customs Valuation Agreement"), the General Agreement on Tariffs and Trade 1994 ("GATT 1994"), and the Understanding on Rules and Procedures Governing the Settlement of Dispute ("DSU").

  • A large number of revision cases of appeals are pending for years and revenue collection is affected adversely.It is suggested that a new Settlement of Dispute Scheme (SOD) should be introduced under VAT law as well as under old Sales Tax Acts of 1941 and 1994 and Central Sales Tax including certificate cases pending.

  • Understanding on Rules and Procedures Governing the Settlement of Dispute (DSU), art.

  • Settlement of Dispute other than the design, procurement, or other work and services required for the performance of the Contract.

  • Settlement of Dispute The United Nations Commission on International Trade Law (UNCITRAL) arbitration rules will apply for any dispute, controversy or claim that will arise in relation to the procurement process.

Related to Settlement of Dispute

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

  • Billing Dispute means the dispute of an invoice prepared by an Operator to the Other Operator which is made in good faith.

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

  • Dispute means any dispute, controversy, claim or difference of whatever nature arising out of, relating to, or having any connection with this Agreement, including a dispute regarding the existence, formation, validity, interpretation, performance or termination of this Agreement or the consequences of its nullity and also including any dispute relating to any non-contractual rights or obligations arising out of, relating to, or having any connection with this Agreement.

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

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

  • Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.

  • Tax Dispute has the meaning set forth in Section 5.06.

  • Settlement Claim means a claim for settlement benefits made under the terms of this Settlement Agreement.

  • Billing Dispute Notice means a formal, written notice submitted to HUGE by the Customer in terms of this Procedure.

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Formal Dispute means a written objection by an Interested Party to any of the following: i. A solicitation or other request by OGS for offers for a contract for the procurement of commodities, services or technology. ii. The cancellation of the solicitation or other request by OGS. iii. An award or proposed award of the Contract by OGS. iv. A termination or cancellation of an award of the Contract by OGS. v. Changes in the scope of the Centralized Contract by the Commissioner. vi. Determination of “materiality” in an instance of nonperformance or contractual breach. vii. An equitable adjustment in the Centralized Contract terms and/or pricing made by the Commissioner during a Force Majeure event.

  • Relevant Dispute means any difference between the parties arising out of or in connection with this contract; "Relevant Force Majeure Event" has the meaning ascribed to it in Clause 17.1;

  • Disputed Item has the meaning set forth in Section 2.04(b).

  • Disputed Items has the meaning specified in Section 2.7(c).

  • trade dispute means any dispute or difference between employers and workmen, or between workmen and workmen, connected with the employment or non-employment, or the terms of employment, or with the conditions of labour, of any person;

  • 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.

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

  • Tax Controversy means any audit, examination, dispute, suit, action, litigation or other judicial or administrative proceeding initiated by KBR, Halliburton, the IRS or any other Tax Authority.

  • Settlement Class Counsel means the law firm of Xxxxxx Xxxxxx Xxxxx Xxxxxxx LLP.

  • Dispute Notice means a written notice served by one Party on the other stating that the Party serving the notice believes that there is a Dispute;

  • Technical Dispute has the meaning specified in Section 12.2;

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • 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.

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

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