Common use of Arbitral Award Clause in Contracts

Arbitral Award. The award of the arbitrator shall be issued in a written opinion, which shall set forth the arbitrator’s finding of facts and conclusions, and shall be conclusive and binding upon the Parties. Judgment upon an arbitral award may be entered in any court of competent jurisdiction. The arbitrator shall have the right to order injunctive relief and the payment of attorneys’ fees, costs and other damages.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Optibase LTD), Shareholder Agreement (Nexus Telocation Systems LTD), Shareholder Agreement (Dbsi Investments LTD)

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Arbitral Award. The award of the arbitrator shall be issued in a written opinion, which shall set forth the arbitrator’s finding of facts facts, reasoning and conclusions, and shall be conclusive and binding upon the Parties. Judgment upon an arbitral award may be entered in any court of competent jurisdiction. The arbitrator shall have the right to order injunctive relief and the payment of attorneys’ fees, costs and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (Optibase LTD)

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Arbitral Award. The award of the arbitrator shall be issued in a written opinion, which shall set forth the arbitrator’s finding of facts and conclusions, and shall be conclusive and binding upon the Parties. Judgment upon an arbitral award may be entered in any court of competent jurisdiction. The arbitrator shall have the right to order injunctive relief and the payment of attorneys’ attorney’s fees, costs and other damages.

Appears in 1 contract

Samples: Share Purchase Agreement (Nexus Telocation Systems LTD)

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