Common use of Initiation of the Procedure Clause in Contracts

Initiation of the Procedure. 1. A disputing party may request, at any time, the initiation of a mediation procedure. Such request shall be addressed to the other party in writing. 2. The party to which the request is addressed shall give sympathetic consideration to the request and reply by accepting or rejecting it in writing within ten days of its receipt. 3. Where the request relates to any treatment by an institution, body or agency of the Union or by any Member State of the Union, and no respondent has been determined pursuant to paragraph 2 of Article 3.5 (Notice of Intent), the request shall be addressed to the Union. If the Union accepts the request, the response shall specify whether the Union or the Member State concerned will be a party to the mediation procedure.1

Appears in 1 contract

Sources: Investment Protection Agreement

Initiation of the Procedure. 1. A At any time, the disputing party may request, at any time, request the initiation of a mediation procedure. Such request shall be addressed to the other party in writing. 2. The party to which the such request is addressed shall give sympathetic consideration to the request and reply by accepting or rejecting it in writing within ten days of its receipt. 3. Where the request relates to any treatment by an institution, body or agency of the Union or by any Member State of the Union, and no respondent has been determined pursuant to paragraph 2 of Article 3.5 (Notice of Intent), the request shall be addressed to the Union. If the Union accepts the request, the response shall specify whether the Union or the Member State of the Union concerned will be a party to the mediation procedure.1

Appears in 1 contract

Sources: Investment Protection Agreement