Contracting Party Consent Sample Clauses

Contracting Party Consent. 1) Each Contracting Party hereby gives its unconditional consent to the submission of a dispute to international arbitration in accordance with Part One of Chapter Two of this Agreement. However, a dispute may not be submitted to international arbitration if a local court of the Contracting Party where the investment has been made has rendered its decision on the dispute.
Contracting Party Consent. (1) Each Contracting Party hereby gives its unconditional consent to the submission of a dispute to in- ternational arbitration in accordance with this Part. However, a dispute may not be submitted to in- ternational arbitration if a court in the first instance in either Contracting Party has rendered its final decision on the merits.
Contracting Party Consent. Each Contracting Party hereby gives its unconditional consent to the submission of a dispute to international arbitration in accordance with this Part. This consent implies the renunciation of the requirement that the internal administrative or juridical remedies should be exhausted. However, a dispute may not be submitted Xxx.xxx.xxx.xx.xx BGBl. III - Ausgegeben am 4. Dezember 2012 - Nr. 168 13 von 19 To international arbitration if a local court in either Contracting Party has rendered its decision on the dispute.

Related to Contracting Party Consent

  • Contracting Parties The Government customer (Licensee) is the “Ordering Activity”, “defined as an entity authorized to order under GSA contracts as set forth in GSA ORDER 4800.2G ADM, as may be revised from time to time. The Licensee cannot be an individual because any implication of individual licensing triggers the requirements for legal review by Federal Employee unions. Conversely, because of competition rules, the contractor must be defined as a single entity even if the contractor is part of a corporate group. The Government cannot contract with the group, or in the alternative with a set of contracting parties.

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