the appointment of two arbitrators the third arbitrator has not been appointed, either party may request the President of the International Court of Justice, or such other authority as may have been prescribed by regulations adopted by the Governing Board, to appoint an arbitrator. The procedure of the arbitration shall be fixed by the arbitrators, but the Chairman shall have full power to settle all questions of procedure in any case of disa- greement with respect thereto. A majority vote of the arbitra- tors shall be sufficient to reach a decision, which shall be final and binding upon the parties.
Article Fourteen: Transitional Provision
14.01 The Fund shall substitute for the Contributing Parties thereto in all the loan agreements signed in the name of the Contributing Parties to the Fund for the commitment of resources of the Fund before the date of the adoption of the amendment of this Agreement endowing the Fund with an autonomous legal per- sonality.
Article Fifteen: Signature and Entry into Force
15.01 This Agreement shall be open for signature at the OPEC Secretariat between January 28 and February 28, 1976. The Secretary General of OPEC shall act as the depository and, as such, shall provide each signatory with a certified copy of this Agreement and shall notify each OPEC Member Country of each signature, acceptance or accession to this Agreement. 15.02 This Agreement shall enter into force when instruments of rat- ification, acceptance or accession have been deposited by at least nine Member Countries of the Organization of Petroleum Exporting Countries contributing at least seventy-five percent of the total amount of contributions mentioned in the Schedule of Contributions appended to this Agreement.
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