the Tribunal definition
Examples of the Tribunal in a sentence
The Arbitration Board shall be composed of two arbitrators each selected by one of the parties, and of a presiding arbitrator, appointed by the other two arbitrators; in the event of no presiding arbitrator being appointed under the above conditions within a period of six months, the President of the Tribunal de Grande Instance of Strasbourg shall make the appointment.
In White Industries v India,898 the Tribunal applied an MFN treatment clause to import more favourable substantive protections from a third treaty (the obligation to provide effective means of asserting claims and enforcing rights).
The Arbitrator shall provide the Arbitrator’s Preliminary Award to the Tribunal (but not to the Parties) as soon as practicable after the Parties have submitted to each other their revised Proposed Awards pursuant to Subparagraph 6.8 of this Agreement.
One arbitrator shall be nominated by the Client and one by the Consultant and the third arbitrator who shall be the chairman of the Tribunal, shall be appointed by both parties.
If the Arbitrator’s Preliminary Award is exactly split between the Parties’ two Revised Proposed Awards, then the Tribunal shall not adjust the amount of the Arbitrator’s Preliminary Award and in that case the Parties agree that there will be no prevailing party in the Value Added Arbitration and agree to bear their own costs and fees in connection therewith.