Common use of Arbitrator's Discretion Clause in Contracts

Arbitrator's Discretion. The foregoing time periods and procedural steps may be modified or extended by the Arbitrators in their discretion to the extent they deem necessary to prevent fundamental unfairness; provided that at all times the Arbitrators shall be mindful of the Stockholders' desire for the most expeditious possible resolution of the Stockholders' disputes; and provided, further, that a final decision of the Arbitrators shall be rendered within 120 days of the Arbitration Notice.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Digital Television Services of Kansas LLC), Stockholders Agreement (Digital Television Services of Indiana LLC), Limited Liability Company Agreement (Digital Television Services of Kansas LLC)

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Arbitrator's Discretion. The foregoing time periods and procedural steps may be modified or extended by the Arbitrators in their discretion to the extent they deem necessary to prevent fundamental unfairness; provided that at all times the Arbitrators shall be mindful of the StockholdersMembers' desire for the most expeditious possible resolution of the StockholdersMembers' disputes; and provided, further, that a final decision of the Arbitrators shall be rendered within 120 days of the Arbitration Notice.

Appears in 1 contract

Samples: Member Interest Purchase Agreement (Aldila Inc)

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