Selection of Arbitration Panel. The panel shall consist of a single arbitrator, upon whom the parties shall attempt to agree. If the parties are unable to agree upon a single arbitrator within ten business days of receipt of the response to the Dispute Notice under Section 12.03, then both parties shall each appoint one arbitrator within the following period of ten business days, whereupon each of the arbitrators so appointed shall appoint a third arbitrator within the next period of ten business days and the arbitration shall proceed before a panel of the three arbitrators selected in accordance with the foregoing.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement