Common use of Settlements of Disputes Clause in Contracts

Settlements of Disputes. 8.1 The Parties agree to attempt to settle any dispute or litigation arising from the interpretation or application of the Agreement by mutual consent in Niger. 8.2 The Parties agree to submit any dispute or litigation relating exclusively to technical matters that cannot be settled by mutual consent, to an expert of a nationality other than those of the Parties, known for his/her technical expertise, and selected jointly by the Parties. The decision of this expert shall be handed down within sixty (60) days following his/her appointment and shall be final and without appeal. In the event of disagreement between the Parties on the designation of the expert, the Parties shall resort to arbitration in accordance with

Appears in 2 contracts

Sources: Mining Agreement (Northwestern Mineral Ventures Inc.), Mining Agreement (Northwestern Mineral Ventures Inc.)