Common use of Conciliation Committee Clause in Contracts

Conciliation Committee. 20.1 In case of a litigation between the parties about the existence, interpretation or performance of the Agreement and its general terms and conditions, such litigation will be referred to a conciliation committee by the most diligent party. This conciliation committee will be composed of two members. One of them will be appointed by Valorlux and the other by the contracting party. These two members will, by mutual consent, appoint a third member to chair the committee. In the event the two appointed members disagree over the appointment of a chairperson, the latter will be appointed by the president of the District court at the request of the most diligent party. The arbitration rules of the Chamber of Commerce of Luxembourg (Chambre de Commerce de Luxembourg) shall apply. 20.2 The conciliation committee will invite the parties by registered letter to a hearing at a date no later than two weeks after the conciliation committee’s date of establishment. If one of the two parties may not be available on the specified date, it shall promptly inform the conciliation committee accordingly by registered letter. A new date will then be determined by mutual agreement. In case of absence of one of the two parties duly summoned on the determined date or on the mutually agreed date, this absence shall be construed as the impossibility to reach a compromise.

Conciliation Committee. 20.1 In case of a litigation between the parties about the existence, interpretation or performance of the Agreement and its general terms and conditions, such litigation will be referred to a conciliation committee by the most diligent party. This conciliation committee will be composed of two members. One of them will be appointed by Valorlux and the other by the contracting party. These two members will, by mutual consent, appoint a third member to chair the committee. In the event the two appointed members disagree over the appointment of a chairperson, the latter will be appointed by the president of the District court at the request of the most diligent party. The arbitration rules of the Chamber of Commerce of Luxembourg (Chambre de Commerce de Luxembourg) shall apply. 20.2 The conciliation committee will invite the parties by registered letter to a hearing at a date no later than two weeks after the conciliation committee’s date of establishment. If one of the two parties may not be available on the specified date, it shall promptly inform the conciliation committee accordingly by registered letter. A new date will then be determined by mutual agreement. In case of absence of one of the two parties duly summoned on the determined date or on the mutually agreed date, this absence shall be construed as the impossibility to reach a compromise.