Common use of Arbitrator’s Scope of Authority; Party Payment Clause in Contracts

Arbitrator’s Scope of Authority; Party Payment. The decision of the arbitrator shall be final and binding on the parties. The arbitrator’s award shall be rendered promptly. The expenses of the arbitration and/or court reporter shall be borne equally by both parties unless, by prior agreement, the parties agree the losing party shall bear all such expenses.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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