Examples of Arbitrating Party in a sentence
However, the recipient of any Notice of Arbitration given by a Defaulting Arbitrating Party shall continue to be an Arbitrating Party if it has itself given any Notice of Arbitration, unless it withdraws any such Notice of Arbitration.
Application Requirements is defined in Section 7.3. Arbitrating Parties means the Party or Parties that submit a dispute to arbitration or which intervene or are added to the arbitral proceeding pursuant to the provisions of this Agreement, on the one hand, and the Party or Parties against whom that dispute is submitted, on the other hand, and Arbitrating Party means any one of them.
Each Arbitrating Party shall bear its own expenses, including arbitrator’s fees, attorney's fees and the fees and charges of expert witnesses, associated with the arbitration.
Each Arbitrating Party hereto expressly consents to, and waives any future objection to, such forum and arbitration rules.
The court may order the non-prevailing Arbitrating Party in any such legal action to pay the reasonable compensation, costs, fees and expenses of the witnesses, experts and counsel of each Arbitrating Party.
The notices and statements required under Section 10.5.3 and this Section shall constitute the "Submittal Statements." The Initiating Party and the Responding Party or Responding Parties are jointly referred to as “the Arbitrating Parties.” All Parties shall be bound by the decision of the arbitrator, whether or not the Party is an Arbitrating Party.
Before making any disclosure permitted by the preceding sentence, the Arbitrating Party intending to make such disclosure shall give the other Arbitrating Party reasonable written notice of the intended disclosure and afford the other Arbitrating Party a reasonable opportunity to protect its interests.
Any Claim brought by a Defaulting Arbitrating Party shall be dismissed without prejudice.
Should an Arbitrating Party fail to comply with any schedule established under this Section in a timely manner, that Arbitrating Party shall be deemed to have waived all claims with respect to the dispute.
Party which gave the Notice of Arbitration against the Defaulting Arbitrating Party or Defaulting Arbitrating Parties to advance the share due from the Defaulting Arbitrating Party or Defaulting Arbitrating Parties.