Common use of Commencement of Arbitration Clause in Contracts

Commencement of Arbitration. Subject to prior compliance with paragraph 2 above, any Party may at any time initiate an arbitration hereunder by giving a written notice ("Demand for Arbitration") to the other Party at any time consistent with any applicable statutes of limitation.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Rio Vista Energy Partners Lp), Limited Liability Company Agreement (Rio Vista Energy Partners Lp), Limited Liability Company Agreement (Rio Vista Energy Partners Lp)

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Commencement of Arbitration. Subject to prior compliance with paragraph 2 ---------------------------- above, any Party may at any time initiate an arbitration hereunder by giving a written notice ("Demand for Arbitration") to the other Party at ---------------------- any time consistent with any applicable statutes of limitation.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Penn Octane Corp)

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