Common use of Arbitrator’s Fees Clause in Contracts

Arbitrator’s Fees. The arbitrators shall be entitled to receive reasonable compensation at an hourly rate to be established between the arbitrators and he AAA. If required by the arbitrators, Buyer, on the one hand, and Seller, on the other, will deposit with the AAA an equal share of the total anticipated fee of the arbitrators in an amount to be estimated by the AAA. The non-prevailing party(s) in the proceedings shall be ordered to pay, and shall have the ultimate responsibility for, all arbitrators fees and the fees of the AAA and such fees shall be included in the judgment to be entered against the non-prevailing party or parties.

Arbitrator’s Fees. The arbitrators shall be entitled to receive reasonable compensation at an hourly rate to be established between the arbitrators and he the AAA. If required by the arbitrators, Buyer, on the one hand, and Seller, on the other, will deposit with the AAA an equal share of the total anticipated fee of the arbitrators in an amount to be estimated by the AAA. The non-prevailing party(s) in the proceedings shall be ordered to pay, and shall have the ultimate responsibility for, all arbitrators fees and the fees of the AAA and such fees shall be included in the judgment to be entered against the non-prevailing party or parties.