Common use of Third Party Selection Clause in Contracts

Third Party Selection. In the event that the parties are unable to agree upon an independent third party to resolve matters referenced in Paragraphs 5.2, 7.4, and/or 8.3, the Center for Public Resources, New York, shall appoint an independent third party qualified in such matters to render a binding decision regarding any such disagreement pursuant to these three Paragraphs.

Appears in 2 contracts

Sources: Agreement for Sale and Purchase of Coal (International Coal Group, Inc.), Coal Sales Agreement (Alliance Resource Partners Lp)