Arbitrator’s Decision Binding Sample Clauses
The "Arbitrator’s Decision Binding" clause establishes that the decision or award rendered by an arbitrator in a dispute is final and legally enforceable for both parties. In practice, this means that once the arbitrator issues a ruling, the parties must comply with it, and there are typically very limited grounds for appeal or review in court. This clause ensures that arbitration provides a definitive resolution to disputes, reducing the risk of prolonged litigation and promoting certainty and closure for all involved.
Arbitrator’s Decision Binding. A decision of the single arbitrator or of majority of the Board of Arbitration shall be final and binding on all parties involved.
Arbitrator’s Decision Binding. The decision of the Arbitrator shall be final and binding on both Parties and shall not be subject to appeal, adjudication, arbitration, litigation or any other dispute resolution process, and both Parties expressly waive all rights of appeal in connection with the Arbitrator’s decision.; and
Arbitrator’s Decision Binding. The decision of the arbitrator on any grievance submitted under this Article will be final and binding on all parties.
Arbitrator’s Decision Binding. The decision of the arbitrator shall be final and binding. The arbitrator shall have no authority to add to, delete, or alter any provisions of this Agreement, but shall limit his/her decision to the application and interpretation of its expressed written provisions.
Arbitrator’s Decision Binding the decision of the Arbitrator is final and binding on the parties; and