Common use of Arbitral Tribunal Clause in Contracts

Arbitral Tribunal. The arbitral tribunal shall consist of three arbitrators, one of whom shall be nominated by the Claimant(s), one of whom shall be nominated by the Respondent(s) and the third of whom, who shall act as Chairman, shall be nominated by the two party-nominated arbitrators. The parties may nominate and the LCIA may appoint arbitrators from among the nationals of any country, whether or not a party is a national of that country. The seat of arbitration shall be London, England. The language of the arbitration shall be English.

Appears in 3 contracts

Samples: Senior Facilities Agreement (Central European Distribution Corp), Central European Distribution Corp, Central European Distribution Corp

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.