Common use of The Decision Clause in Contracts

The Decision. Upon the conclusion of the arbitration hearing, the Parties shall request that the arbitrator determine an award that is neither less than the lowest Final Offer nor more than the highest Final Offer. The arbitrator’s award shall be final and binding on the Parties and the Parties shall be required to act in accordance with such decision.

Appears in 8 contracts

Samples: Membership Interest Purchase Agreement (Digital Brands Group, Inc.), Membership Interest Purchase Agreement (Digital Brands Group, Inc.), Membership Interest Purchase Agreement (Digital Brands Group, Inc.)

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The Decision. Upon the conclusion of the arbitration hearing, the Parties arbitrator shall request that and must select the arbitrator determine an award that is neither less than the lowest Final Offer nor more than proposed by one of the highest Final Offerparties with respect to the Dispute, without variation, and enter that as the arbitrator’s award. The arbitrator’s award shall will be final and binding on the Parties parties, and the Parties parties shall be required to act in accordance with such decision.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Digital Brands Group, Inc.), Agreement and Plan of Merger (Denim LA, Inc.)

The Decision. Upon the conclusion of the arbitration hearing, the Parties shall request that the arbitrator determine an award that is neither less than the lowest Final Offer nor more than the highest Final Offer. The arbitrator’s award shall be final and binding on the Parties and the Parties shall be required to act in accordance with such decision.. ​

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Digital Brands Group, Inc.)

The Decision. Upon the conclusion of the arbitration hearing, the Parties arbitrator shall request that the arbitrator determine and make an award that is neither Award not less than the lowest low Final Offer nor or more than the highest high Final OfferOffer without variation, and enter that as the arbitrator’s award. The arbitrator’s award shall will be final and binding on the Parties and the Parties shall be required to act in accordance with such decision.

Appears in 1 contract

Samples: Stock Purchase Agreement (Denim LA, Inc.)

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The Decision. Upon the conclusion of the arbitration hearing, the Parties arbitrator shall request that and must select the arbitrator determine an award that is neither less than the lowest Final Offer nor more than proposed by one of the highest Final Offerparties with respect to the Dispute, without variation, and enter that as the arbitrator’s award. The arbitrator’s award shall will be final and binding on the Parties parties, and the Parties parties shall be required to act in accordance with such decision.. ​

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digital Brands Group, Inc.)

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