Nonbinding arbitration definition

Nonbinding arbitration means a dispute resolution pro- cess in which a neutral 3rd person is given the authority to render a nonbinding decision as a basis for subsequent negotiation between the parties after the parties present evidence and examine witnesses under the rules of evidence agreed to by the parties or determined by the neutral 3rd person.
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Nonbinding arbitration means an ADR proceeding in which the award is subject to a trial de novo;
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Nonbinding arbitration means an ADR proceeding in whichthe award is subject to a trial de novo;
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Examples of Nonbinding arbitration in a sentence

  • Nonbinding arbitration shall be used to resolve any dispute arising out of this contract that is not excluded by section 22.1 above and is not resolved via binding arbitration, unless «Customer Name» notifies BPA that it does not wish to proceed with nonbinding arbitration.

  • Nonbinding arbitration shall be used to resolve any dispute arising out of this contract that is not excluded by section 15.1 above and is not resolved via binding arbitration, unless «Customer Name» notifies BPA that it does not wish to proceed with nonbinding arbitration.

  • Non-binding arbitration produces a third party decision that the parties may reject.

  • Nonbinding arbitration means that the parties are free to request a trial if they do not accept the arbitrator's decision.Cases for Which Arbitration May Be Appropriate.

  • Non-binding arbitration is a process in which a dispute is jointly submitted by the Government and a contractor to an impartial and neutral person or panel who provides a written, non-binding opinion used as a guide for negotiations toward a settlement.

  • Nonbinding arbitration under Rule 12 (a settlement procedure in which a neutral renders an advisory decision following summary presentations of the case by the parties).

  • Nonbinding arbitration is the domestic analogue to international arbitration, because in both cases no third party enforcement mechanism ensures compliance with the judgment, and arbitrators must please parties if they want to be used again.

  • Non-binding arbitration means that if either party is unhappy with the award, either party has the right to ask for a trial in a civil court.

  • Non-binding arbitration is a variant of arbitration where the arbitrator issues a decision about how the case should be resolved but where the parties have a choice to accept or reject that decision.

  • Non-binding arbitration is, on the surface, similar to mediation.

Related to Nonbinding arbitration

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Arbitration means any arbitration whether or not administered by a permanent arbitral institution;

  • Arbitration Panel shall have the meaning set forth in Section 3 hereof.

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

  • Arbitration Request shall have the meaning set forth in Section 7.3(a).

  • UNCITRAL Arbitration Rules means the arbitration rules of the United Nations Commission on International Trade Law.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • arbitration agreement means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not;

  • JAMS means JAMS, Inc. or its successor entity, a judicial arbitration and mediation service.

  • Dispute Resolution Process means the process described in clause 9

  • Dispute Board (DB) means the person or persons named as such in the SCC appointed by agreement between the Procuring Entity and the Contractor to make a decision with respect to any dispute or difference between the Procuring Entity and the Contractor referred to him or her by the Parties pursuant to GCC Sub-Clause 46.1 (Dispute Board) hereof.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Arbitration Rules means the AAA’s Commercial Arbitration Rules and Mediation Procedures.