Arbitration Procedure and Arbitrator’s Authority Sample Clauses
The "Arbitration Procedure and Arbitrator’s Authority" clause defines the process by which disputes between parties will be resolved through arbitration and outlines the powers granted to the arbitrator. Typically, this clause specifies the steps for initiating arbitration, the rules or institutions governing the proceedings, and the scope of issues the arbitrator can decide. It may also clarify whether the arbitrator can award damages, order specific performance, or resolve procedural matters. The core function of this clause is to provide a clear, structured alternative to litigation, ensuring that disputes are handled efficiently and that the arbitrator’s role and authority are well-defined, thereby reducing uncertainty and potential conflicts over dispute resolution.
Arbitration Procedure and Arbitrator’s Authority. In the arbitration proceeding, each party shall be entitled to engage in any type of discovery permitted by the Federal Rules of Civil Procedure, to retain its own counsel, to present evidence and cross-examine witnesses, to purchase a stenographic record of the proceedings, and to submit post-hearing briefs. In reaching his/her decision, the arbitrator shall have no authority to add to, detract from, or otherwise modify any provision of this Agreement. The arbitrator shall submit with the award a written opinion which shall include findings of fact and conclusions of law. Judgment upon the award rendered by the arbitrator may be entered in any court having competent jurisdiction.
Arbitration Procedure and Arbitrator’s Authority. In the arbitration proceeding, each party shall be entitled to engage in any type of discovery permitted by the Federal Rules of Civil Procedure, to retain their own counsel, to present evidence and cross-examine witnesses, to purchase a stenographic record of the proceedings, and to submit post-hearing briefs. In reaching his/her decision, the arbitrator shall have no authority to add to, detract from, or otherwise modify any provision of this Agreement. The arbitrator shall submit with the award a written opinion which shall include findings of fact and conclusions of law. Judgment upon the award rendered by the arbitrator may be entered in any court having competent jurisdiction. The award or decision shall be rendered by one arbitrator who shall be appointed by mutual agreement of the parties hereto. In the event of failure of the parties to agree within thirty (30) days after the commencement of the arbitration proceeding upon the appointment of the arbitrator, the arbitrator shall be appointed by the AAA in accordance with its Rules.
Arbitration Procedure and Arbitrator’s Authority. In the arbitration proceeding, each party shall be entitled to engage in any type of discovery permitted by the Federal Rules of Civil Procedure, to retain its own counsel, to present evidence and cross-examine witnesses, to purchase a stenographic record of the proceedings, and to submit post-