Common use of Award and Apportionment of costs Clause in Contracts

Award and Apportionment of costs. The arbitration award of the arbitrator(s) shall be final and binding on the Parties and shall be enforceable in accordance with its terms. The arbitrator(s) shall state reasons for its/their findings in writing. The costs of arbitration and the manner of bearing such costs shall be determined by the arbitrator(s).

Appears in 2 contracts

Samples: Operation and Maintenance Agreement, Supply, Installation, Operation and Maintenance Agreement

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Award and Apportionment of costs. The arbitration award of the arbitrator(s) arbitrator shall be final and binding on the Parties and shall be enforceable in accordance with its terms. The arbitrator(s) arbitrator shall state reasons for its/their its findings in writing. The costs of arbitration and the manner of bearing such costs shall be determined by the arbitrator(s)arbitrator.

Appears in 2 contracts

Samples: Support Agreement, Power Purchase Agreement

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