Sole Expert definition
Examples of Sole Expert in a sentence
The fees and expenses of the Sole Expert shall be borne equally by the Sellers and the Buyer.
In the event that the Parties fail or are unable, to agree on a Sole Expert within thirty (30) days or such longer period as may be mutually agreed by Parties, the dispute shall be referred to arbitration.
The amount in escrow account along with any interest accumulated thereon shall be appropriated or adjusted in accordance with the decision or award of the Sole Expert or Arbitral Tribunal as may be or otherwise as mutually agreed to between the Parties.
Upon acceptance of such appointment, the appointment of the previous Sole Expert shall cease, unless prior to the date on which the new Sole Expert accepts his appointment, the existing Sole Expert shall have rendered his determination in which case such determination shall be binding on the Parties and the instructions of the new Sole Expert shall be withdrawn.
The Sole Expert shall have ninety (90) days after his appointment to decide the case, subject to any extensions mutually agreed to by the Parties to the dispute.