Arbitration Court Sample Clauses

Arbitration Court. The Arbitration Court shall consist of three arbitrators. The chairman of the Arbitration Court must be qualified to hold the position of a judge. The asso- ciate arbitration judges must be real estate valuers certified by HypZert or committee members that are independent from the Certification Body. If a member of the Arbitration Court works as an employee of a credit institution, such shall not exclude her/him from being appointed as an arbitra- tion judge. In so far as the DIS Rules of Arbitration upon request provide for appointment of an arbitration judge including the chairman by the DIS Appointment Committee, the respective application shall be addressed – contrary to the provisions of the DIS Rules of Arbitration – to the President of the Chamber of Industry and Commerce at the domicile of the Certification Body, who shall then make the appointment.
AutoNDA by SimpleDocs
Arbitration Court. The Arbitration Court (“Arbitration Court”) shall be composed of 03 (three) arbitrators, 01 (one) of them to be appointed by the claimant(s) and the other appointed by the respondent(s), pursuant to the Arbitration Regulation. The third arbitrator, who shall be the president of the Arbitration Court, shall be appointed by the 02 (two) arbitrators chosen by the parties to the arbitration, within 15 (fifteen) days of the appointment of the last arbitrator. If the parties to the arbitration do not appoint their respective arbitrators within the period stipulated by the Arbitration Chamber, or if the president of the Arbitration Court is not appointed by the co-arbitrators within a maximum period of 15 (fifteen) days from the appointment of the second arbitrator, the President of the Arbitration Chamber shall appoint the missing arbitrators pursuant to the Arbitration Regulation. In the event that there are multiple parties with different interests, which may not be combined as groups of claimants and/or respondents, the 03 (three) arbitrators shall be appointed by the President of the Arbitration Chamber, under the terms of the Arbitration Regulation.
Arbitration Court. 12.1 This Agreement shall be governed and construed according to the Laws of the Federative Republic of Brazil.
Arbitration Court. Three (3) arbitrators who shall be members of the ICC, provided at least two (2) arbitrators shall be members of the Mexican Chapter of the International Chamber of commerce shall be named as follows:
Arbitration Court. The arbitration court (“Arbitration Court”) shall be made up of three (3) arbitrators; one (1) of whom shall be appointed by the Applicant(s), the other by the Required and the third one – who shall be the president of the Arbitration Court – by the two (2) arbitrators chosen by the Parties, in the terms and conditions fixed under the Arbitration Rules. If a party fails to appoint an arbitrator or the president of the Arbitration Court is not appointed by the two (2) co-arbitrators within fifteen (15) days after the appointment of the second arbitrator, the President of the Arbitration Court shall be responsible for appointing such arbitrators under the terms and conditions of the Arbitration Rules. In case of joinder, the Applicant(s) and/or Required, as the case may be, shall jointly appoint an arbitrator, it being hereby agreed that if such Parties do not reach an agreement in this regard, the arbitrator shall be chosen by the President of the Arbitration Court, pursuant to the Arbitration Rules. In the event of arbitration proceedings involving three or more parties in which they cannot be united in requesting and requested blocks, all parties will jointly appoint two arbitrators within fifteen (15) days of receipt by the parties of the final notification of the Chamber of arbitration accordingly. The third arbitrator, who will act as president of the arbitral tribunal, shall be chosen by the arbitrators appointed by the parties within 15 days from the acceptance of responsibility by the last arbitrator or, if this is not possible for any reason, the President of the Arbitration Court. If the Parties fail to jointly appoint the arbitrators, all members of the Arbitral Court will be chosen and appointed by the President of the President of the Arbitration Chamber, which shall appoint one of them to act as chairman, in accordance with, pursuant to the Arbitration Rules.
Arbitration Court. The arbitration court shall consist of three members. One arbitrator shall be appointed by the plaintiff, a second arbitrator shall be appointed by the arbitrators and the third arbitrator shall be appointed by the arbitrators designated by the plaintiff and the defendant. If the defendant does not appoint its corresponding arbitrator within 10 (ten) calendar days from the date of receipt of the plaintiff's request to refer the dispute to arbitration and for the defendant to appoint an arbitrator, then, at the request of the plaintiff, such appointment shall be made a competent state or federal judge of Hermosillo, Sonora, whose resolution shall be unappealable or irrefutable by any other means, including a proceedings to protect constitutional rights. The plaintiff's request referred to in the foregoing paragraph must also indicate the arbitrator appointed by the plaintiff. In the event the two arbitrators appointed by the parties fail to reach an agreement as regards the appointment of the third arbitrator within 10 (ten) calendar days from the date on which the defendant appointed its arbitrator, then, at the request of any of the parties or arbitrators, the third arbitrator shall be appointed by a competent federal or state judge of the city of Hermosillo, Sonora, whose resolution shall be unappealable or irrefutable by any other means, including a proceeding to protect constitutional rights. Arbitrators must be individuals of legal age, legally qualified, morally reliable, independent and impartial, with experience in commercial disputes and, preferably, attorneys at law. The arbitrators may also be companies or entities specialized in arbitration services. However, in any case, any individual who respectively represents such companies must fulfill the requirements specified in the immediately preceding paragraph. All decisions rendered by the arbitration court, including the arbitration award and any kind of resolution must be made by majority of votes.
Arbitration Court. Except for the collection actions that are subject to the ordinary jurisdiction, the controversies related hereto as well as to the agreement execution, performance, interpretation, progress, termination or settlement, which cannot be settled through a direct arrangement between the parties pursuant to the provisions above, will be settled by an Arbitration Court. The Arbitration Court will be governed by the provisions in Colombian regulations, taking into account the following rules:
AutoNDA by SimpleDocs
Arbitration Court. Section 1. If any disputes arise in connection with this Contract, the Parties shall attempt to settle the dispute out of court. If resolution of the dispute is not possible, the dispute shall be submitted to and finally settled by the Polish Arbitration Court of the National Chamber of Commerce.
Arbitration Court. 13.1 All disputes and controversies that may arise from or in relation to this Contract Artykuł 13 Sąd arbitrażowy
Arbitration Court. If disputes or right petition arising from the execution of, or in connection with (including the signing, effectiveness or termination of the Agreement) the Agreement cannot be settled through consultation in accordance with 20.1(Consultation), the dispute or petition will be submitted to Beijing arbitration Court.
Time is Money Join Law Insider Premium to draft better contracts faster.