Common use of Selection of Arbitrators Clause in Contracts

Selection of Arbitrators. Each party shall select an arbitrator within thirty (30) days from the date of the demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 14 contracts

Samples: Principal Underwriting Agreement (Metropolitan Life Insurance Co), Sales Agreement (BRIGHTHOUSE LIFE INSURANCE Co OF NY), Sales Agreement (BRIGHTHOUSE LIFE INSURANCE Co)

AutoNDA by SimpleDocs

Selection of Arbitrators. Each party shall select an arbitrator within thirty (30) days from the date of the demandArbitration Demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has timely appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two (2) arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 5 contracts

Samples: Retail Sales Agreement (Metropolitan Life Separate Account E), Retail Sales Agreement (Metlife Investors Variable Annuity Account One), Sales Agreement (Paragon Separate Account A)

Selection of Arbitrators. Each party shall select an arbitrator within ------------------------ thirty (30) days from the date of the demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 5 contracts

Samples: Sales Agreement (Metlife Investors Usa Separate Account A), Sales Agreement (First Metlife Investors Variable Annuity Account One), Principal Underwriting Agreement (New England Variable Annuity Separate Account)

Selection of Arbitrators. Each party shall select an arbitrator ------------------------- within thirty (30) days from the date of the demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 5 contracts

Samples: Sales Agreement (Brighthouse Variable Annuity Account B), Sales Agreement (New England Variable Annuity Separate Account), Principal Underwriting Agreement (Paragon Separate Account B)

Selection of Arbitrators. Each party shall select an arbitrator within ------------------------- thirty (30) days from the date of the demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 3 contracts

Samples: Sales Agreement (Metlife Investors Variable Annuity Account One), Company Sales Agreement (Paragon Separate Account B), Sales Agreement (Metlife Investors Variable Annuity Account One)

Selection of Arbitrators. Each party shall select an ------------------------- arbitrator within thirty (30) days from the date of the demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 2 contracts

Samples: Distribution and Principal Underwriting Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities), Distribution and Principal Underwriting Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)

AutoNDA by SimpleDocs

Selection of Arbitrators. Each party shall select an arbitrator ------------------------ within thirty (30) days from the date of the demandArbitration Demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has timely appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)the

Appears in 1 contract

Samples: Retail Sales Agreement (Metlife Investors Variable Life Account One)

Selection of Arbitrators. Each party shall select an arbitrator ________________________ within thirty (30) days from the date of the demandArbitration Demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has timely appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two (2) arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 1 contract

Samples: Retail Sales Agreement (Metropolitan Life Separate Account UL)

Selection of Arbitrators. Each party shall select an arbitrator within _________________________ thirty (30) days from the date of the demand. If either party shall refuse or fail to appoint an arbitrator within the time allowed, the party that has appointed an arbitrator may notify the other party that, if it has not appointed its arbitrator within the following ten (10) days, an arbitrator shall be appointed on its behalf. The two (2) arbitrators shall select the third arbitrator within thirty (30) days of the appointment of the second arbitrator. If the two arbitrators fail to agree on the selection of the third arbitrator within the time allowed, each arbitrator shall submit to the other a list of three (3)

Appears in 1 contract

Samples: Sales Agreement (MetLife Insurance CO of Connecticut)

Time is Money Join Law Insider Premium to draft better contracts faster.