Arbitral Award. The Arbitral Award shall be in writing and accompanied by a brief statement of the reasons upon which the award is based. The Arbitral Award shall be in such form that it may be entered for judgment in any court having jurisdiction. The Arbitral Award shall be final and binding on the Parties, with no rights of appeal, and any award made in favor of any Party shall be enforceable.
Appears in 2 contracts
Samples: Joint Ownership Agreement, Joint Development Agreement
Arbitral Award. The Arbitral Award arbitral award shall be in writing and accompanied by a brief statement of and, unless all the parties agree otherwise, shall state the reasons upon which the award it is based. The Arbitral Award shall be in such form that it may be entered for judgment in any court having jurisdiction. The Arbitral Award award shall be final and binding on the Parties, with no parties. The award shall not include an award of attorney’s fees and expenses or costs of the arbitration. Judgment upon the award may be entered and enforced by any court having jurisdiction thereof or having jurisdiction over the parties or the Intellectual Property rights of appeal, and any award made listed in favor of any Party shall be enforceableExhibit 1.
Appears in 1 contract
Samples: Hydrogen Technology Purchase Agreement (Victory Clean Energy, Inc.)
Arbitral Award. The Arbitral Award arbitral award shall be in writing and accompanied by a brief statement of and, unless all the parties agree otherwise, shall state the reasons upon which the award it is based. The Arbitral Award shall be in such form that it may be entered for judgment in any court having jurisdiction. The Arbitral Award award shall be final and binding on the Parties, with no rights parties. The award shall not include an award of appeal, attorney’s fees and expenses or costs of the arbitration. Judgment upon the award may be entered and enforced by any award made in favor of any Party shall be enforceablecourt having jurisdiction thereof or having jurisdiction over the parties or their assets.
Appears in 1 contract
Samples: Hydrogen Technology Purchase Agreement (Victory Clean Energy, Inc.)