Arbitration Decision. The final decision of the Arbitration Panel will be rendered in writing to the parties not later than 60 days after the last hearing date, unless otherwise agreed by the parties in writing. The decision of the Arbitration Panel will be final and binding on the parties, and judgment thereon may be had and will be enforceable in any court having jurisdiction over the parties. Arbitration awards will bear interest at an annual rate of the Prime Rate plus 2% per annum.
Appears in 10 contracts
Samples: Separation and Distribution Agreement, Separation and Distribution Agreement, Master Agreement for Specialty Beds and Oxygen Concentrators (Genesis Healthcare Corp)
Arbitration Decision. The final decision of the Arbitration Panel will be rendered in writing to the parties not later than 60 days after the last hearing date, unless otherwise agreed by the parties in writing. The decision of the Arbitration Panel will be final and binding on the parties, and judgment thereon may be had and will be enforceable in any court having jurisdiction over the parties. Arbitration awards will bear interest at an annual a rate of the Prime Rate plus 210% per annumannum from the date of the award.
Appears in 1 contract
Samples: Separation and Distribution Agreement (Mod Pac Corp)
