Common use of Arbitral Tribunal Clause in Contracts

Arbitral Tribunal. All arbitral awards shall be rendered in writing and shall state the reasons for the award. Any arbitral tribunal established hereunder shall make such decisions entirely on the basis of the substantive law specified in Section 14.14 hereof and shall not make an award on the basis of the principle of ex aequo et xxxx (in justice and fairness) or otherwise. The arbitral tribunal shall not be empowered to award any form of punitive damages or any other remedy not measured by the prevailing Party’s actual damages or to act as amiable compositeur. The arbitral tribunal may award reasonable attorneys’ fees to the prevailing Party.

Appears in 2 contracts

Samples: License Agreement, License Agreement (Salesforce Com Inc)

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Arbitral Tribunal. All arbitral awards shall be rendered in writing and shall state the reasons for the award. Any arbitral tribunal established hereunder shall make such decisions entirely on the basis of the substantive law specified in Section 14.14 7.14 hereof and shall not make an award on the basis of the principle of ex aequo et xxxx (in justice and fairness) or otherwise. The arbitral tribunal shall not be empowered to award any form of punitive damages or any other remedy not measured by the prevailing Partyparty’s actual damages or to act as amiable compositeur. The arbitral tribunal may award reasonable attorneys’ fees to the prevailing Partyparty.

Appears in 2 contracts

Samples: Consulting Services Agreement, Consulting Services Agreement (Salesforce Com Inc)

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Arbitral Tribunal. All arbitral awards shall be rendered in writing and shall state the reasons for the award. Any arbitral tribunal established hereunder shall make such decisions entirely on the basis of the substantive law specified in Section 14.14 16.13 hereof and shall not make an award on the basis of the principle of ex aequo et xxxx (in justice and fairness) or otherwise. The arbitral tribunal shall not be empowered to award any form of punitive damages or any other remedy not measured by the prevailing Partyparty’s actual damages or to act as amiable compositeur. The arbitral tribunal arbitration award may award reasonable attorneys’ fees to the prevailing Partyparty.

Appears in 1 contract

Samples: Joint Venture Agreement (Salesforce Com Inc)

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