Arbitration is Binding. The decision of a majority of the arbitrators shall be binding upon MSC and MPM and shall be enforceable in any court of competent jurisdiction. Such decision and award may allocate the costs of such arbitration to one of the parties, equally or disproportionately between the parties.
Appears in 7 contracts
Samples: Shared Services Agreement, Shared Services Agreement, Shared Services Agreement (MPM Holdings Inc.)
Arbitration is Binding. The decision of a majority of the arbitrators shall be binding upon MSC Hexion and MPM Momentive and shall be enforceable in any court of competent jurisdiction. Such decision and award may allocate the costs of such arbitration to one of the parties, equally or disproportionately between the parties.
Appears in 2 contracts
Samples: Shared Services Agreement (Momentive Specialty Chemicals Inc.), Shared Services Agreement (Momentive Performance Materials Inc.)
Arbitration is Binding. The decision of a majority of the arbitrators shall be binding upon MSC and MPM and shall be 13 enforceable in any court of competent jurisdiction. Such decision and award may allocate the costs of such arbitration to one of the parties, equally or disproportionately between the parties. ARTICLE XIII.
Appears in 1 contract
Samples: Shared Services Agreement
