Appointment of Arbitrators. Each party shall appoint an arbitrator, and the two arbitrators so appointed shall appoint the third arbitrator. The party initiating the arbitration shall appoint its arbitrator at the commencement of the arbitration. The other party shall appoint its arbitrator within thirty (30) days of the commencement of the arbitration. If the arbitrators appointed by the parties fail to appoint the third arbitrator within sixty (60) days of the commencement of the arbitration, the AAA shall appoint the third arbitrator following consultation with the parties.
Appears in 16 contracts
Sources: Master Research Agreement (Ceres, Inc.), Master Research Agreement (Ceres, Inc.), Master Research Agreement (Ceres, Inc.)
Appointment of Arbitrators. Each The party shall desiring arbitration will appoint one arbitrator, and will notify the other party of such appointment, and the other party will, within 15 days after receiving such notice, appoint an arbitrator, and the two arbitrators so named, before proceeding to act, will, within 15 days after the appointment of the last appointed shall appoint arbitrator, unanimously agree on the appointment of a third arbitrator. The party initiating arbitrator to act with them and be chairman of the arbitration shall appoint its arbitrator at the commencement of the arbitration. The other party shall appoint its arbitrator within thirty (30) days of the commencement of the arbitration. If the arbitrators appointed by the parties fail to appoint the third arbitrator within sixty (60) days of the commencement of the arbitration, the AAA shall appoint the third arbitrator following consultation with the partiesherein provided for.
Appears in 4 contracts
Sources: Option Agreement (Bullfrog Gold Corp.), Option to Purchase and Royalty Agreement (Bullfrog Gold Corp.), Option to Purchase and Royalty Agreement (Bullfrog Gold Corp.)
Appointment of Arbitrators. Each party The arbitration shall appoint an arbitrator, and the two arbitrators so appointed shall appoint the third arbitratorbe conducted by three (3) arbitrators. The party Party initiating arbitration (the arbitration "Claimant") shall appoint its arbitrator at in its request for arbitration (the commencement of the arbitration"Request"). The other party Party (the "Respondent") shall appoint its arbitrator within thirty (30) 30 days after receipt of the commencement Request and shall notify the Claimant of the arbitration. If the arbitrators appointed by the parties fail to appoint the third arbitrator within sixty (60) days of the commencement of the arbitration, the AAA shall appoint the third arbitrator following consultation with the parties.such
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