Common use of Timetable Clause in Contracts

Timetable. Promptly after the selection of the arbitrator, the arbitrator shall set a date for resolution of the dispute, which shall be not later than eight months (or such earlier date as may be agreed to by the parties) from the date of the selection of the arbitrator, with other dates, including the dates for an evidentiary hearing, or other final submissions of evidence, set in light of this date. The date for the evidentiary hearing, or other final submission of evidence, shall not be changed absent extraordinary circumstances. The arbitrator shall have the power to impose sanctions for dilatory tactics or undue delay in completing the arbitration proceedings.

Timetable. Promptly after the selection appointment of the arbitrator, the arbitrator shall set a date for resolution the issuance of the disputearbitration decision, which shall be not no later than eight six months (or such earlier date as the parties and the arbitrator may be agreed to by the partiesagree) from the date of the selection appointment of the arbitrator, with other dates, including the dates for an evidentiary hearing, hearing or other final submissions of evidence, set in light of this date. The date for the evidentiary hearing, hearing or other final submission of evidence, evidence shall not be changed changed, absent extraordinary circumstances. The arbitrator shall have the power to impose sanctions sanctions, including dismissal of the proceeding, for dilatory tactics or undue delay in completing the arbitration proceedings.