Examples of UNCITRAL in a sentence
ARBITRATION: Any dispute, controversy, or claim between the Parties arising out of the Agreement or the breach, termination, or invalidity thereof, unless settled amicably under Article 18.1, above, within sixty (60) days after receipt by one Party of the other Party’s written request for such amicable settlement, shall be referred by either Party to arbitration in accordance with the UNCITRAL Arbitration Rules then obtaining.
The arbitration shall be conducted in accordance with the modalities to be agreed upon by the parties or, in the absence of agreement, in accordance with the UNCITRAL Arbitration Rules.
The UNCITRAL Transparency Rules apply to disputes under this Section, subject to paragraphs 2 to 8.
Any dispute, controversy or claim arising out of or relating to this Agreement or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the UNCITRAL Arbitration Rules [or insert any other applicable rules] , subject to the exclusive jurisdiction of the Courts of [insert place].
In case of failure to settle the dispute within the period set forth in Section , or at any time in case of fraud, bad faith or manifest error in the settlement of the dispute, the Party that raised the dispute may refer the matter for arbitration under UNCITRAL Rules.