Common use of Commencement of Arbitration Clause in Contracts

Commencement of Arbitration. If the Dispute is not completely resolved by agreement between the Parties to the Dispute within 10 Business Days of the receipt of the Expert’s decision or analysis pursuant to Section 15.3 (or such longer period as the Parties to the Dispute may agree) or within 10 Business Days of the date on which the Expert’s decision or analysis ought to have been received under Section 15.3, or if neither Party to the Dispute elects to issue an Expert Notice pursuant to Section 15.3, then a Party may commence proceedings to have the Dispute finally settled by arbitration under Section 15.5. In any such proceedings the scope of issues will not be limited strictly to the terms of the Dispute Notice but may extend to include directly related matters for the purpose of completely resolving the Dispute.

Appears in 1 contract

Samples: Management Agreement

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Commencement of Arbitration. If the Dispute is not completely resolved by agreement between the Parties to the Dispute within 10 ten (10) Business Days of the receipt of the Expert’s decision or analysis pursuant to Section 15.3 13.3 (or such longer period as the Parties to the Dispute may agree) or within 10 ten (10) Business Days of the date on which the Expert’s decision or analysis ought to have been received under Section 15.313.3, or if neither Party to the Dispute party elects to issue an Expert Notice pursuant to Section 15.313.3, then a Party may commence proceedings to have the Dispute finally settled by arbitration under Section 15.513.5. In any such proceedings the scope of issues will not be limited strictly to the terms of the Dispute Notice but may extend to include directly related matters for the purpose of completely resolving the Dispute.

Appears in 1 contract

Samples: Management and Lease Agreement

Commencement of Arbitration. If the Dispute is not completely resolved by agreement between the Parties to the Dispute within 10 Business Days of the receipt of the Expert’s decision or analysis pursuant to Section 15.3 14.3 (or such longer period as the Parties to the Dispute may agree) or within 10 Business Days of the date on which the Expert’s decision or analysis ought to have been received under Section 15.314.3, or if neither Party to the Dispute elects to issue an Expert Notice pursuant to Section 15.314.3, then a Party may commence proceedings to have the Dispute finally settled by arbitration under Section 15.514.5. In any such proceedings the scope of issues will not be limited strictly to the terms of the Dispute Notice but may extend to include directly related matters for the purpose of completely resolving the Dispute.

Appears in 1 contract

Samples: Development Management Agreement

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Commencement of Arbitration. If the Dispute is not completely resolved by agreement between the Parties to the Dispute within 10 Business Days of the receipt of the Expert’s decision or analysis pursuant to Section 15.3 10.3 (or such longer period as the Parties to the Dispute may agree) or within 10 Business Days of the date on which the Expert’s decision or analysis ought to have been received under Section 15.310.3, or if neither Party to the Dispute elects to issue an Expert Notice pursuant to Section 15.310.3, then a Party may commence proceedings to have the Dispute finally settled by arbitration under Section 15.510.5. In any such proceedings the scope of issues will not be limited strictly to the terms of the Dispute Notice but may extend to include directly related matters for the purpose of completely resolving the Dispute.

Appears in 1 contract

Samples: Project Framework Agreement

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