Common use of With respect to Clause in Contracts

With respect to. Article (8): a) The Arbitral Tribunal shall consist of three arbitrators. Each party shall select an arbitrator. These two arbitrators shall appoint by mutual agreement a Chairman, who shall be a national of a third State which has diplomatic relations with both Contracting States. The arbitrators shall be appointed within two months from the date when one of the parties to the dispute informed the other of its intention to submit the dispute to arbitration. If the appointments are not made within the period mentioned above, either party may invite the Chairman of the Arbitration Institute of the Stockholm Chamber of Commerce to make the required appointment within two months. b) The Arbitral Tribunal shall reach its decision by a Majority of votes. Its award shall be final and binding on both parties to the dispute, and shall be enforced by both parties to the dispute in accordance with their domestic laws. c) The Arbitral Award shall be made in accordance with the domestic laws, including the rules of conflict of the Contracting State which accepts investments, and in accordance with the provisions of this Agreement, as well as with the principles of international law generally recognized and adopted by both Contracting States. d) Each party to the dispute shall bear the cost of its own arbitrator and of its counsel in the arbitration proceedings. The cost of the Chairman and the remaining costs of the Arbitral Tribunal shall be borne in equal parts by both parties to the dispute.

With respect to. Article (8)9: (a) The Arbitral Tribunal shall consist of three arbitrators. Each party shall select an arbitrator. These two arbitrators shall appoint by mutual agreement a Chairman, Chairman who shall be a national of a third State which has diplomatic relations with both Contracting States. The arbitrators shall be appointed within two months from the date when one of the parties to the dispute informed the other of its intention to submit the dispute to arbitration. If the appointments are not made within the period mentioned above, either party may invite the Chairman of the Arbitration Institute of the Stockholm Chamber of Commerce to make the required appointment within two months. (b) The Arbitral Tribunal shall reach its decision by a Majority majority of votes. Its award shall be final and binding on both parties to the dispute, and shall be enforced by both parties to the dispute entered in accordance with their domestic lawsany court of jurisdiction. (c) The Arbitral Award shall be made in accordance with the domestic laws, including the rules of conflict conflicts of laws of the Contracting State which accepts investments, the investment and in accordance with the provisions of this Agreement, Agreement as well as with the principles of international law generally recognized recognised and adopted by both Contracting States. (d) Each party to the dispute shall bear the cost of its own arbitrator and of its counsel in the arbitration proceedings. The cost of the Chairman and the remaining costs of the Arbitral Tribunal shall be borne in equal parts by both parties to the dispute.

With respect to. Article (8):9) (a) The Arbitral Tribunal shall consist of three arbitrators. Each party shall select an arbitrator. These two arbitrators shall appoint by mutual agreement a Chairman, who shall be a national of a third State which has diplomatic relations with both Contracting States. The arbitrators shall be appointed within two months from the date when one of the parties to the dispute informed the other of its intention to submit the dispute to arbitration. If the appointments are not made within the period mentioned above, either party may invite the Chairman of the Arbitration Institute of the Stockholm Chamber of Commerce to make the required appointment within two months. (b) The Arbitral Tribunal shall reach its decision by a Majority majority of votes. Its award shall be final and binding on both parties to the dispute, and shall be enforced by both parties to the dispute in accordance with their domestic laws. (c) The Arbitral Award shall be made in accordance with the domestic laws, including the rules of conflict of the Contracting State which accepts investments, and in accordance with the provisions of this Agreement, as well as with the principles of international law generally recognized and adopted by both Contracting States. (d) Each party to the dispute shall bear the cost of its own arbitrator and of its counsel in the arbitration proceedings. The cost of the Chairman and the remaining costs of the Arbitral Tribunal shall be borne in equal parts by both parties to the dispute.