Common use of Establishment of Arbitral Panels Clause in Contracts

Establishment of Arbitral Panels. 1. If the consultations under Article 3 fail to settle a dispute within sixty (60) days after the date of receipt of the request for consultations or within twenty (20) days after such date in cases of urgency including those which concern perishable goods, the complaining party may make a written request to the party complained against to establish an arbitral panel. A copy of this request shall also be communicated to the rest of the Parties.

Establishment of Arbitral Panels. 1. If the consultations under Article 3 4 fail to settle a dispute within sixty (60) 60 days after the date of receipt of the request for consultations or within twenty (20) 20 days after such date in cases of urgency urgency, including those which concern perishable goods, the complaining party Complaining Party may make a written request to the party complained against Party Complained Against to establish an arbitral panel. A copy of this request shall also be communicated to the rest of the Parties.