Impartiality. It is the intent of the Parties to avoid the appearance of impropriety due to bias or partiality on the part of any arbitrator. Prior to his or her formal appointment, each arbitrator shall disclose to the Parties and to the other members of the tribunal, any financial, fiduciary, kinship or other relationship between that arbitrator and any Party or its counsel, or between that arbitrator and any individual or entity with any financial, fiduciary, kinship or other relationship with any Party. For the purpose of this Agreement, "appearance of impropriety" shall be defined as such relationship or behavior as would cause a reasonable person to believe that bias or partiality on the part of the arbitrator may exist in favor of any Party.
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Samples: Stock Purchase Agreement (Manuel E Patrick), Stock Purchase Agreement (Team Inc), Stock Restriction Agreement (Team Inc)
Impartiality. It is the intent of the Parties parties to avoid the appearance of impropriety due to bias or partiality on the part of any arbitrator. Prior to his or her formal appointment, each arbitrator shall disclose to the Parties parties and to the other members of the tribunal, any financial, fiduciary, kinship or other relationship between that arbitrator and any Party party or its counsel, or between that arbitrator and any individual or entity with any financial, fiduciary, kinship or other relationship with any Partyparty. For the purpose of this AgreementLease, "appearance of impropriety" shall be defined as such relationship or behavior as would cause a reasonable person to believe that bias or partiality on the part of the arbitrator may exist in favor of any Partyparty.
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