Common use of Discontinuance Clause in Contracts

Discontinuance. If the claimant, following the submission of a claim under this Section, fails to take any steps in the proceedings during 180 consecutive days or such periods as the disputing parties may agree, the claimant shall be deemed to have withdrawn its claim and to have discontinued the proceedings. The Tribunal shall, at the request of the respondent and after notice to the disputing parties, take note of the discontinuance of the proceedings in an order and issue an award on costs. After such an order has been rendered the authority of the Tribunal shall lapse. The claimant may not subsequently submit a claim on the same matter.

Discontinuance. If the claimant, following the submission of a claim under this Section, fails to take any steps in the proceedings during 180 consecutive days or such periods as the disputing parties may agree, the claimant shall be deemed to have withdrawn its claim and to have discontinued the proceedings. The Tribunal shall, at the request of the respondent and after giving notice to the disputing parties, take note of the discontinuance of the proceedings in an order and issue an award on costs. After such an order has been rendered the authority of the Tribunal shall lapse. The claimant may not subsequently submit a claim on the same matter.

Discontinuance. If the claimantIf, following the submission of a claim under this Section, the claimant fails to take any steps in the proceedings proceeding during 180 consecutive days or such periods as the disputing parties may agree, the claimant shall be deemed to have withdrawn its claim and to have discontinued the proceedings. The Tribunal shall, at the request of the respondent respondent, and after notice to the disputing parties, take note of the discontinuance of the proceedings in an order and issue an award on costsorder. After such an order has been rendered the authority of the Tribunal shall lapse. The claimant may not subsequently submit a claim on the same matter.

Discontinuance. If the claimantIf, following the submission of a claim under this Section, the claimant fails to take any steps in the proceedings proceeding during 180 consecutive days or such periods as the disputing parties may agree, the claimant shall be deemed to have withdrawn its claim and to have discontinued the proceedings. The Tribunal shall, at the request of the respondent respondent, and after notice to the disputing parties, take note of the discontinuance of the proceedings in an order and issue an award on costs. After such an order has been rendered the authority of the Tribunal shall lapse. The claimant may not subsequently submit a claim on the same matter.