Settlement of Dispute definition

Settlement of Dispute. 1. Any disputes shall be settled amicably between parties based upon good faith;
Settlement of Dispute. Indonesian National Arbitration Board or Badan Arbitrase Nasional Indonesia (BANI) in accordance with BANI Rules and Law No. 30 of 1999 concerning Arbitration and Alternatives of Dispute Settlements. Consultation/ Coordination Forum: Both parties agree to establish a Consultation/Coordination Forum which will convene a meeting on a periodical basis to settle all matters arising with relation to this Agreement.

Examples of Settlement of Dispute in a sentence

  • Amicable Settlement of Dispute The party shall use their best efforts amicably all disputes arising out of or in connection this contract or the interpretation thereof.

  • If either party questions any decision or instruction of the Authorized Representative of the other party, the matter shall be resolved in accordance with Clause 7 pertaining to Settlement of Dispute.

  • Settlement of Dispute The United Nations Commission on International Trade Law (UNCITRAL) arbitration rules will apply for any dispute, controversy or claim that will arise in relation to the procurement process.

  • Settlement of Dispute: Refer as mentioned in clause no X of point no 6.

  • Therefore, Korea reserved its third party rights pursuant to Article 10.2 of the Understanding on Rules and Procedures Governing the Settlement of Dispute ("DSU").

  • Settlement of Dispute and JurisdictionDisputes if any, arising during the contract period shall be negotiated/discussed at once in order to resolve the same, failing which regular Courts at Bhubaneswar only will be have jurisdiction to adjudicate upon the matter.

  • Amicable Settlement of Dispute: The party shall use their best efforts to settle amicably all disputes arising out of or in connection with this contract or the interpretation thereof.27.

  • If any dispute or difference occurs between the Employer and the Contractor in connection with or arising out of the disapproval by the Project Manager of any document and/or any modification(s) thereto that cannot be settled between the parties within a reasonable period, then such dispute or difference may be settled in accordance with GCC Clause 6.0 (Settlement of Dispute) hereof.

  • Amicable Settlement of Dispute: The party shall use their best efforts to settle amicably all disputes arising out of or in connection this contract or the interpretation thereof.

  • Chinese Taipei will, in this submission, address some issues of legal interpretation, in particular those relating to the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 ("Customs Valuation Agreement"), the General Agreement on Tariffs and Trade 1994 ("GATT 1994"), and the Understanding on Rules and Procedures Governing the Settlement of Dispute ("DSU").

Related to Settlement of Dispute

  • Agreement Disputes shall have the meaning set forth in Section 6.1.

  • Billing Dispute means the dispute of an invoice prepared by an Operator to the Other Operator which is made in good faith.

  • Arbitrable Dispute means any dispute arising under or in connection with this Agreement.

  • Dispute means any dispute, controversy, claim or difference of whatever nature arising out of, relating to, or having any connection with this Agreement, including a dispute regarding the existence, formation, validity, interpretation, performance or termination of this Agreement or the consequences of its nullity and also including any dispute relating to any non-contractual rights or obligations arising out of, relating to, or having any connection with this Agreement.

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.

  • Tax Dispute has the meaning set forth in Section 5.06.

  • Billing Dispute Notice means a formal, written notice submitted to Metacom by the Customer in terms of this Procedure.

  • Settlement Procedures Timetable For offers to purchase Certificated Notes accepted by the Company, Settlement Procedures A through F set forth above shall be completed as soon as possible following the trade but not later than the respective times (New York City time) set forth below: Settlement Procedure Time ---------- ----

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Relevant Dispute means any difference between the parties arising out of or in connection with this contract; "Relevant Force Majeure Event" has the meaning ascribed to it in Clause 17.1;

  • Disputed Item has the meaning set forth in Section 2.05(b).

  • Disputed Items has the meaning set forth in Section 3(b)(3)(A).

  • trade dispute means any dispute or difference between employers and workmen, or between workmen and workmen, connected with the employment or non-employment, or the terms of employment, or with the conditions of labour, of any person;

  • 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.

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

  • Tax Controversy means any audit, examination, dispute, suit, action, litigation or other judicial or administrative proceeding initiated by KBR, Halliburton, the IRS or any other Tax Authority.

  • Settlement Class Counsel means and refers to Xxxxxxxx, Xxxxxxxxxx, & XxXxxxx, P.C.

  • Dispute Notice has the meaning set forth in Section 2.7(b).

  • Settlement Procedures means the Settlement Procedures attached hereto as Exhibit A.

  • Technical Dispute has the meaning specified in Section 12.2;

  • Dispute Period shall have the meaning specified in Section 9.3(a).