Common use of EIGHT Clause in Contracts

EIGHT. The remuneration and fees of the 3rd (third) arbitrator will be paid in full by the losing party, or if both parties lose, that remuneration and those fees will be shared by them, with each party paying half.

Appears in 4 contracts

Sources: Contract for Exploration and Production Rights (Kosmos Energy Ltd.), Contract for Exploration and Production Rights (Kosmos Energy Ltd.), Contract for Exploration and Production Rights (Kosmos Energy Ltd.)