Selection of Expert. The party initiating the arbitration shall give written notice to the other party setting out the items to be arbitrated. Within five business days, the parties shall agree upon a mutually-acceptable Expert. If the parties are unable to agree upon an Expert, the initiating party shall submit the matter to the Chairman of the International Society of Hospitality Consultants ("ISHC"), who shall designate an individual as the Expert.
Appears in 2 contracts
Sources: Management Agreement, Management Agreement (American Realty Capital Hospitality Trust, Inc.)