Common use of Arbitration or Adjudication Clause in Contracts

Arbitration or Adjudication. a. In the event that the Parties are unable to resolve the Dispute through Direct Discussion under Article 27.2, the Parties shall submit the Dispute for arbitration in accordance with the Arbitration and Conciliation Act, 1996. The arbitration proceedings shall be conducted by the “Secretary, Law, GoMP” as the Sole Arbitrator (“the Sole Arbitrator”).

Arbitration or Adjudication. a. In the event that the Parties parties are unable to resolve the Dispute through Direct Discussion under Article 27.221.2, the Parties shall submit the Dispute for arbitration in accordance with the Arbitration and Conciliation Act, 1996. The arbitration proceedings There shall be conducted a Board of 3 (three) arbitrators of whom 1 (one) shall be appointed by the “SecretaryAuthority, Law, GoMP” 1 (one) shall be appointed by the Concessionaire and the third shall be appointed by the 2 (two) arbitrators appointed as the Sole Arbitrator (“the Sole Arbitrator”)aforesaid.