Arbitration Panel. A single arbitrator shall have the power to render a maximum award of one hundred thousand dollars. When any party files a claim in excess of this amount, the arbitration decision shall be made by the majority vote of three arbitrators. No arbitrator shall have the power to restrain any act of any party.
Appears in 9 contracts
Samples: Credit Agreement (Schuff Steel Co), Loan Agreement (Continental Homes Holding Corp), Loan Agreement (Schuler Homes Inc)
Arbitration Panel. A single arbitrator shall have the power to render a maximum award of one hundred thousand dollars. When any party files a claim in excess of this amount, the arbitration decision shall be made by the majority vote of three arbitrators. No arbitrator shall have the power to restrain any act of any party.. 5
Appears in 1 contract
Arbitration Panel. A single arbitrator shall have the power to render a maximum award of one hundred thousand dollarsOne Hundred Thousand Dollars ($100,000). When any party files a claim in excess of this such amount, the arbitration decision shall be made by the majority vote of three arbitrators. No arbitrator shall have the power to restrain any act of any party.
Appears in 1 contract