Constitution of the Independent Panel Sample Clauses

Constitution of the Independent Panel. The independent panel will consist of three (3) panel members. Each party will nominate one member with one agreed presiding panel head.
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Related to Constitution of the Independent Panel

  • Recognition of the U.S. Special Resolution Regimes (a) In the event that any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

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