Common use of Formation of Tribunal Clause in Contracts

Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party and the third will be appointed by the first two arbitrators.

Appears in 2 contracts

Samples: Master Joint Venture Agreement (Aleafia Health Inc.), Master Joint Venture Agreement (Aleafia Health Inc.)

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Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party party and the third will be appointed by the first two. If the first two arbitratorsarbitrators fail to agree on the third arbitrator within 30 days after their appointment, the third arbitrator will be appointed by the American Arbitration Association. The arbitrators will be familiar with the commercial and manufacturing practices of the paper industry.

Appears in 1 contract

Samples: Exclusive License and Supply Agreement (Diversified Opportunities, Inc.)

Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party Member and the third will be appointed by the first two. If the first two arbitratorsarbitrators fail to agree on the third arbitrator within 30 days after their appointment, the third arbitrator will be appointed by the American Arbitration Association. The arbitrators will be familiar with the commercial and manufacturing practices of the renewable energy industry.

Appears in 1 contract

Samples: Limited Liability Company Agreement (A-Power Energy Generation Systems, Ltd.)

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Formation of Tribunal. The arbitration tribunal will consist of three arbitrators. One arbitrator will be appointed by each Party Member and the third will be appointed by the first two. If the first two arbitratorsarbitrators fail to agree on the third arbitrator within 30 days after their appointment, the third arbitrator will be appointed by the American Arbitration Association. The arbitrators will be familiar with the commercial and manufacturing practices of the industry.

Appears in 1 contract

Samples: Joint Venture Agreement (Monaco Coach Corp /De/)

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