Expert Determination definition

Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

Expert Determination means the process whereby a technical dispute is resolved by the appointment of an internationally recognized technical expert who shall be appointed by mutual agreement of the Government and the Contractor, or, failing mutual agreement within thirty (30) days, by the International Chamber of Commerce for the purpose of making a determination related to disputes on technical matters or technical differences under sub-clause 26(1)(b), which determination shall be made within twenty (20) days of the appointment and shall be final and binding upon the Government and the Contractor

Expert Determination means any Valuation of Real Property undertaken for the purpose of making a determination acting as an expert pursuant to an agreement or deed where all relevant parties have agreed to indemnify, release or hold the valuer harmless in respect of any liability in connection with the valuation. An Expert Determination can be binding or non-binding.

Examples of Expert Determination in a sentence

• The Expert Determination Notice must include a brief statement of the issue or issues which it is desired to refer, the expertise required in the expert, and the solution sought.

• Expert Determination Agreement The expert will not be liable to the parties arising out of or in connection with the expert determination process, except in the case of fraud.

• The parties must enter into the Expert Determination Agreement with the appointed expert or an agreement with the appointed expert on such other terms as the parties and the expert may agree.

• The statement of case must be confined to the issues raised in the Expert Determination Notice.

• The AER is to be taken to be the Institute for the purposes of rule 2(1)(b) of the IAMA Expert Determination Rules.

More Definitions of Expert Determination

Expert Determination the procedure for the appointment of, and decision by an Expert in accordance with Schedule F;

Expert Determination means determination in accordance with clause 9.5.

Expert Determination means the process set out in Clause 11 (Expert Determination).

Expert Determination means a process whereby two or more parties to a dispute attempt to resolve the dispute between them by appointing a single independent and suitable individual who holds appropriate professional qualifications and is a member of a suitable professional body to act as an expert and decide the dispute, such person to be agreed by the parties or, failing which, to be determined in a manner agreed by the parties,

Expert Determination. ’ means the resolution of a dispute by an expert in accordance with Article 16 of this Agreement;

Expert Determination means a determination conducted under clauses 56.5 (Arbitration and Expert Determination) and 56.7 (Expert Determination);

Expert Determination has the meaning given to it in Article 4.3(d) (Profit Participation).