Common use of Cost of Conciliation / Arbitration Clause in Contracts

Cost of Conciliation / Arbitration. The fees and other charges of the Conciliator / Arbitrators shall be as per the scales fixed by the Licensor from time to time irrespective of the fact whether the Arbitrator(s) is / are appointed by the Licensor or by the Court of law unless specifically directed by Hon’ble Court otherwise on the matter, and shall be shared equally by the Licensor and the Licensee. However, the expenses incurred by each party in connection with the preparation, presentation will be borne by itself. The latest scale of fee & other charges fixed by Maha- Metro are as per Schedule-D enclosed.

Cost of Conciliation / Arbitration. The fees and other charges of the Conciliator / Arbitrators shall be as per the scales fixed by the Licensor Authority from time to time irrespective of the fact whether the Arbitrator(s) is / are appointed by the Licensor Authority or by the Court of law unless specifically directed by Hon’ble Xxx’xxx Court otherwise on the matter, and shall be shared equally by the Licensor Authority and the Licensee. However, the expenses incurred by each party in connection with the preparation, presentation will be borne by itself. The latest scale of fee & other charges fixed by Maha- Metro are as per Schedule-D enclosed.

Cost of Conciliation / Arbitration. The fees and other charges of the Conciliator / Arbitrators shall be as per the scales fixed by the Licensor from time to time irrespective of the fact whether the Arbitrator(s) is / are appointed by the Licensor or by the Court of law unless specifically directed by Hon’ble Xxx’xxx Court otherwise on the matter, matter and shall be shared equally by the Licensor and the Licensee. However, the expenses incurred by each party in connection with the preparation, presentation will be borne by itself. The latest scale of fee & other charges fixed by Maha- Metro are as per Schedule-D enclosed.