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Within how much time the two appointed arbitrators will have to appoint the third arbitrator?

Within how much time the two appointed arbitrators will have to appoint the third arbitrator? Correct Answer Within 30 days from the date of their appointment

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If within thirty days the parties fail to appoint their arbitrators, or the arbitrators fail to appoint the third arbitrator, the arbitrator shall be appointed by the
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The parties to the arbitration agreement shall appoint arbitrator within: