Common use of Authority of Arbitrators Clause in Contracts

Authority of Arbitrators. The arbitrators shall not have the power (a) to alter, modify, amend, add to, or subtract from any term or provision of this Agreement; (b) to rule upon or grant any extension, renewal or continuance of this Agreement; (c) to award damages or other remedies expressly prohibited by this Agreement; or (d) to grant interim injunctive relief prior to the award.

Appears in 5 contracts

Samples: Non Traditional License Agreement (Sonic Corp), License Agreement (Sonic Corp), License Agreement (Sonic Corp)

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