Common use of Differences of opinion Clause in Contracts

Differences of opinion. All matters of differences arising between the Parties in any matter connected with or arising out of this Development Agreement, whether to interpretation or otherwise, will be referred to a single arbitrator, should the Parties agree upon the identity of the arbitrator. Should the Parties be unable to agree upon the identity of an arbitrator, then each Party shall appoint an individual person as its representative, and those two people will agree upon the identity of the arbitrator. Any arbitrator chosen shall meet the qualifications of an arbitrator under the Municipal Arbitrations Act.

Appears in 3 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement