Common use of Authority of Arbitrators Clause in Contracts

Authority of Arbitrators. The arbitrators will have no authority to award punitive damages nor any other damages not measured by the prevailing party's actual damages, and may not, in any event, make any ruling, finding or award that does not conform to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Exclusive Management Agreement (Crown Castle International Corp), Formation Agreement (Bell Atlantic Corp)

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Authority of Arbitrators. The arbitrators will have no ------------------------ authority to award punitive damages nor any other damages not measured by the prevailing party's actual damages, and may not, in any event, make any ruling, finding or award that does not conform to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: u.s. Wireless Alliance Agreement (Bell Atlantic Corp), Formation Agreement (Crown Castle International Corp)

Authority of Arbitrators. The arbitrators will have no authority to award punitive damages nor or any other damages not measured by the prevailing party's actual damagesdamages (other than subject to the provisions of Section 11.5A, where the parties have agreed as to the circumstances under which the Termination Fee (as defined below) will be paid and other rights may be asserted), and may not, in any event, make any ruling, finding or award that does not conform to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Formation Agreement (Crown Castle International Corp)

Authority of Arbitrators. The arbitrators will have no authority to award punitive damages nor any other damages not measured by the prevailing party's ’s actual damages, and may not, in any event, make any ruling, finding or award that does not conform to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: u.s. Wireless Alliance Agreement (Verizon Wireless Capital LLC)

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Authority of Arbitrators. The arbitrators will shall have no authority to award punitive damages nor any other damages not measured by the prevailing party's actual damages, and may not, in any event, make any ruling, finding or award that does not conform to applicable law and to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Strategic Diagnostics Inc/De/)

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