ARBITRATION SETTLEMENT. The award of the tribunal, will be in writing, and binding upon the consenting parties.
ARBITRATION SETTLEMENT. The decision of a majority of the Arbitration Panel shall be final and binding, except to the extent otherwise provided in the Federal Arbitration Act. The Arbitration Panel shall render its award in writing. The Arbitration Panel shall have no power to award consequential, special, or punitive damages. Judgment upon the award may be entered in any court having jurisdiction, pursuant to the Federal Arbitration Act. The arbitrators will base their decision on the terms and conditions of this Agreement plus, as necessary, on the customs and practices of the insurance and reinsurance industry rather than solely on a strict interpretation of the applicable law or rules of evidence.
ARBITRATION SETTLEMENT. A. Within forty-five (45) days of the execution of this agreement, METRO will create a new position entitled “Dispatcher”. This position shall be the first position in the progression of Dispatcher, Dispatcher/Scheduler Classification group. The wage scales for both positions are set forth in Article 5.05 and shall become effective when the testing and assignments referred to below are completed.
ARBITRATION SETTLEMENT. The decision of a majority of the Arbitration Panel shall be final and binding, except to the extent otherwise provided in the Federal Arbitration Act. The Arbitration Panel shall render its award in writing. The Arbitration Panel shall have no power to award consequential, special, or punitive damages. Judgment upon the award may be entered in any court having jurisdiction, pursuant to the Federal Arbitration Act. The arbitrators will base their decision on the terms and conditions of this Agreement plus, as necessary, on the customs and practices of the insurance and reinsurance industry rather than solely on a strict interpretation of the applicable law or rules of evidence. There will be no appeal from their decision, and any court having jurisdiction of the subject matter, and the parties, may reduce that decision to judgment. The Arbitration Tribunal will not have the authority to award punitive or exemplary damages. Each party hereby consents to the entry of a judgement confirming or enforcing the award in the any court of competent jurisdiction. It is the intent of the parties that these arbitration provisions replace and be in lieu of any statutory arbitration provision, if permitted by law. Each party will bear its own fees and expenses in connection with the arbitration, including outside counsel and witness fees. Each party will share equally in the fees for panel members and the costs of arbitration; for example, hearing rooms, court reporters.
ARBITRATION SETTLEMENT. The award of the arbitration tribunal, will be in writing, and binding upon the consenting parties. The arbitrators will base their decision on the terms and conditions of this Agreement plus, as necessary, on the customs and practices of the insurance and reinsurance industry rather than solely on a strict interpretation of the applicable law; there will be no appeal from their decision, and any court having jurisdiction of the subject matter, and the parties, may reduce that decision to judgment.
ARBITRATION SETTLEMENT. The decision of the tribunal will be made by majority rule and the award of the tribunal will be in writing and binding upon the parties.
ARBITRATION SETTLEMENT. Decisions of the arbitration panel shall be final and binding on both parties. The panel may, at its discretion, award costs and expenses it deems appropriate, including but not limited to attorneys fees and interest. Judgment may be entered upon the final decision of the panel in any court of competent jurisdiction. The panel may not award exemplary or punitive damages. Unless the panel decides otherwise, the parties will be separately responsible for paying all fees and expenses charged by its respective counsel, accountants, actuaries, and other representatives in connection with the arbitration, and the parties shall bear equally the fees and expenses of the arbitrators and any ancillary expenses associated with a hearing (e.g., any rental fee for use of the hearing room, etc.). The arbitration panel will submit its written decision within ten days following arbitration.
ARBITRATION SETTLEMENT. At the second closing of the transactions contemplated hereby (the "Second Closing"), and upon the terms and subject to the conditions of this Agreement, WWT, CES and CES's affiliates (including Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx) will enter into, and CES will cause BPI and its affiliates (including Xxxxxxx Xxxx and Xxx Xxxxxx) to enter into, the BPI Settlement Agreement.
ARBITRATION SETTLEMENT. The decision of a majority of the Arbitration Panel shall be final and binding, except to the extent otherwise provided in the Federal Arbitration Act. The Arbitration Panel shall render its award in writing. The Arbitration Panel shall have no power to award consequential, special, or punitive damages. Judgment upon the award may be entered in any court having jurisdiction, pursuant to the Federal Arbitration Act. The arbitrators will base their decision on the terms and conditions of this Agreement plus, as necessary, on the customs and practices of the insurance and reinsurance industry rather than solely on a strict interpretation of the applicable law or rules of evidence. There will be no appeal from their decision, and any court having jurisdiction of the subject matter, and the parties, may reduce that decision to judgement. Each party hereby consents to the entry of a judgement confirming or enforcing the award in any court of competent jurisdiction. It is the intent of the parties that these arbitration provisions replace and be in lieu of any statutory arbitration provision, if permitted by law. Each party will bear its own fees and expenses in connection with the arbitration, including outside counsel and witness fees.
ARBITRATION SETTLEMENT. The award of the tribunal will be in writing and binding upon the parties. (B17) 00000-00-00 Final 25 3/12/2017
