855 - 12 44 00 22
September 04, 2014
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If, before the final award is made, the parties agree on a settlement of the dispute, the Tribunal shall either issue an order for the termination of the arbitration proceedings or, if and to the extent requested by both parties and accepted by the Tribunal, record the settlement in the form of a consent award. The Tribunal is not obliged to give reasons in such an award.

Any such settlement shall include a settlement regarding the payment of the costs of the arbitration.

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