Common use of Technical Experts Clause in Contracts

Technical Experts. If the matter is a technical disagreement, it will be submitted to the opinion of experts appointed as follows: one by each party, and the third named by the other two experts. Should the experts not agree and upon the petition of either party, the third expert will be appointed by the association of professionals with greatest relation to the matter under dispute or a related area, where the association is a technical consultative body for the Government, based in Bogotá. Once the experts have been appointed:

Appears in 3 contracts

Samples: GeoPark LTD, GeoPark Holdings LTD, www.resourcecontracts.org:443

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Technical Experts. If the matter is a technical disagreement, it will be submitted to the opinion of experts appointed as follows: one by each party, and the third named by the other two experts. Should the experts not agree and upon agree, at the petition of either party, the third expert will be appointed by the association of professionals with greatest relation to on the matter under involved in the dispute or a related area, where the association is a technical body acting as consultative body institution for the Government, based in BogotáBogota. Once the experts have been appointed:

Appears in 1 contract

Samples: www.resourcecontracts.org

Technical Experts. If the matter is a technical disagreement, it will be submitted to the opinion of experts appointed as follows: one by each party, and the third named by the other two experts. Should the experts not agree and upon agree, at the petition of either party, RIO VERDE SECTOR EXPLORATION AND EXPLOITATION CONTRACT the third expert will be appointed by the association of professionals with greatest relation to on the matter under involved in the dispute or a related area, where the association is a technical body acting as consultative body institution for the Government, based in BogotáBogota. Once the experts have been appointed:

Appears in 1 contract

Samples: Harken Energy Corp

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Technical Experts. If the matter is a technical disagreement, it will be submitted to the opinion of experts appointed as follows: one by each party, and the third named by the other two experts. Should the experts not agree and upon agree, at the petition of either party, the third expert will be appointed by the association of professionals with greatest relation to on the matter under involved in the dispute or a related area, where the association is a technical body acting as consultative body institution for the National Government, based in Bogotá. Once the experts have been appointed:

Appears in 1 contract

Samples: Harken Energy Corp

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