Common use of Selection of Arbitrators Clause in Contracts

Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten days, and the other party fails to appoint its designated arbitrator within ten days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 23 contracts

Samples: License Agreement (Optimer Pharmaceuticals Inc), License Agreement, License Agreement (Sangamo Biosciences Inc)

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Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten thirty days, and the other party fails to appoint its designated arbitrator within ten thirty-one days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Packaged Ice Inc), Asset Purchase Agreement (Packaged Ice Inc), Asset Purchase Agreement (Packaged Ice Inc)

Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the partiesParties, this Agreement, and the outcome of the arbitration. Each party Party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties Parties shall then select the third arbitrator. If one party Party has given written notice to the other party Party as to the identity of the arbitrator appointed by the partyParty, and the party Party thereafter makes a written demand on the other party Party to appoint its designated arbitrator within the next ten thirty days, and the other party Party fails to appoint its designated arbitrator within ten days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 2 contracts

Samples: License Agreement (Cancervax Corp), License Agreement (Cancervax Corp)

Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these the two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten days, and the other party fails to appoint its designated arbitrator within ten days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 2 contracts

Samples: Alpha Rights Acquisition Agreement (Alpha 1 Biomedicals Inc), Alpha Rights Acquisition Agreement (Sciclone Pharmaceuticals Inc)

Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten days, and the other party xxxxx fails to appoint its designated arbitrator within ten days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 2 contracts

Samples: License Agreement (Drugabuse Sciences Inc), License Agreement (Drugabuse Sciences Inc)

Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the partiesParties, this Agreement, and the outcome of the arbitration. Each party Party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties Parties shall then select the third arbitrator. If one party Party has given written notice to the other party Party as to the identity of the arbitrator appointed by the partyParty, and the party Party thereafter makes a written demand on the other party Party to appoint its designated arbitrator within the next ten thirty days, and the other party Party fails to appoint its designated arbitrator within ten thirty-one days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Nucon-Rf, Inc.), Asset Purchase Agreement (3si Holdings Inc)

Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten thirty days, and the other party fails to appoint its designated arbitrator within ten days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 2 contracts

Samples: License Agreement (Cancervax Corp), License Agreement (Cancervax Corp)

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Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten days, and the other party fails to appoint its designated arbitrator within ten days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators. Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 406 of the Securities Act.

Appears in 1 contract

Samples: License Agreement (Biolex, Inc.)

Selection of Arbitrators. The arbitration shall be conducted by a ------------------------ panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party Licensor and SKCC, together, shall appoint one neutral arbitrator, and Licensee shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten days, and the other party fails to appoint its designated arbitrator within ten days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators.

Appears in 1 contract

Samples: License Agreement (Urogen Corp)

Selection of Arbitrators. The arbitration shall be conducted by a panel of three neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten days, and the other party fails to appoint its designated arbitrator within ten (10) days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two arbitrators. Notwithstanding anything in this Section 9.12 to the contrary, the arbitration may be conducted by a sole arbitrator; provided, however, that Buyer and Seller shall have mutually agreed upon the selection of such sole arbitrator.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Jaymark Inc)

Selection of Arbitrators. The arbitration shall be conducted by a panel of three (3) neutral arbitrators who are independent and disinterested with respect to the parties, this Agreement, and the outcome of the arbitration. Each party shall appoint one neutral arbitrator, and these two arbitrators so selected by the parties shall then select the third arbitrator. If one party has given written notice to the other party as to the identity of the arbitrator appointed by the party, and the party thereafter makes a written demand on the other party to appoint its designated arbitrator within the next ten thirty (30) days, and the other party fails to appoint its designated arbitrator within ten thirty (30) days after receiving said written demand, then the arbitrator who has already been designated shall appoint the other two (2) arbitrators.

Appears in 1 contract

Samples: Sublicense Agreement (Cancervax Corp)

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