Common use of Opinion Clause in Contracts

Opinion. Prior to making a final opinion, the Expert shall hear the Parties either orally or in writing. After receipt of all exhibits, the Expert shall make a calendar to make his/her opinion which he/she must comply with unless there must be deviated from such calendar in exceptional circumstances. The Expert’s opinion must be in writing and must be motivated. The opinion will be final but not binding upon the Parties. If the Parties cannot agree on the Expert’s opinion, the most diligent Party may submit the dispute to the competent arbitral tribunal or court in accordance with Article 20 of this attachment. As the case may be, the opinion shall be translated into French or Dutch by a sworn translator. Unless otherwise agreed by the Parties, the Expert’s opinion shall be admissible in any arbitral or judicial proceeding in which the Parties thereto were parties to the expertise proceedings in which such opinion was issued.

Appears in 19 contracts

Samples: Standard Transmission Agreement, Standard Transmission Agreement, Standard Transmission Agreement

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Opinion. Prior to making a final opinion, the Expert shall hear the Parties either orally or in writing. After receipt of all exhibits, the Expert shall make a calendar to make his/her opinion which he/she must comply with unless there must be deviated from such calendar in exceptional circumstances. The Expert’s opinion must be in writing and must be motivated. The opinion will be final but not binding upon the Parties. If the Parties cannot agree on the Expert’s opinion, the most diligent Party may submit the dispute to the competent arbitral tribunal or court in accordance with Article 20 of this attachment. As the case may be, the opinion shall be translated into French or Dutch by a sworn translator. Unless otherwise agreed by the Parties, the Expert’s opinion shall be admissible in any arbitral or judicial proceeding in which the Parties thereto were parties to the expertise proceedings in which such opinion was issued.

Appears in 9 contracts

Samples: Standard Transmission Agreement, Transmission Agreement, Transmission Agreement

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Opinion. Prior to making a final opinion, the Expert shall hear the Parties either orally or in writing. After receipt of all exhibits, the Expert shall make a calendar to make his/her opinion which he/she must comply with unless there must be deviated from such calendar in exceptional circumstances. The Expert’s opinion must be in writing and must be motivated. The opinion will shall be final but shall not be binding upon the Parties. If the Parties cannot agree on the Expert’s opinion, the most diligent Party may submit the dispute to the competent arbitral tribunal or court in accordance with Article 20 of this attachment. As the case may be, the opinion shall be translated into French or Dutch by a sworn translator. Unless otherwise agreed by the Parties, the Expert’s opinion shall be admissible in any arbitral or judicial proceeding in which the Parties thereto were parties to the expertise proceedings in which such opinion was issued.

Appears in 6 contracts

Samples: Standard Storage Agreement, Standard Storage Agreement, Standard Storage Agreement

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