Award Binding. The award rendered by the arbitrator shall be final, binding and conclusive, shall be specifically enforceable, and judgment may be entered upon it in accordance with applicable law in the appropriate court in the State of New York, with no right of appeal therefrom.
Award Binding. Any decision of the Board of Arbitration in any matter within this clause will be final, binding and incontestable and may be used as a basis for enforcement thereon in Indonesia or elsewhere.
Award Binding. The arbitral award shall state the reasons for the award, and the relief granted shall be final and binding on the parties to the arbitration. Any award rendered may be confirmed; judgment upon any award rendered may be entered; such award or the judgment thereon may be enforced; and any interim or supplemental relief may be sought in any court having jurisdiction over the parties or their assets in accordance with Section 3(e) hereof. Any monetary award shall be payable in U.S. dollars, free of any tax or any other deduction, other than taxes in the nature of income taxes imposed by the country, province or political subdivision in which the recipient is organized or is otherwise subject to such taxes. Such award shall bear interest from the date of the award at a variable rate equal to the rate publicly announced from time to time by Xxxxx Fargo Bank, N.A. at its principal office in San Francisco, California as its "prime rate".
Award Binding. The parties agree that the award of a majority of the arbitrators, or in the case of a single arbitrator, of such arbitrator, shall be final and binding upon each of them. ARTICLE 19
Award Binding. Any decision of the Board of Arbitration will be final, binding and incontestable and may be used as a basis for enforcement thereon in the Republic of Indonesia or elsewhere. The parties hereby waive any application or appeal to any court of competent jurisdiction to the fullest extent permitted by law in connection with any question of law arising during the course of the arbitration or any award made. The Board of Arbitration will be entitled to include in its decision a determination as to the payment of the cost and expenses of the arbitrators, the administrative costs of the arbitration, the reasonable legal fees incurred by the parties, the cost and expenses of witnesses and all other costs and expenses necessarily incurred in the opinion of the Board of Arbitration in order to properly settle the Dispute.
Award Binding. The award of the arbitrators shall be final and binding upon the parties and the judgment thereon may be entered in any court having jurisdiction.
Award Binding. The award by the arbitral tribunal shall be final and binding on the parties and may be enforced in any court of competent jurisdiction including in Indonesia or elsewhere. Each of the parties expressly waives any laws and regulations, decrees or policies having the force of law which would otherwise give a right to appeal against the decision of the arbitral tribunal and agrees that, in accordance with Article 60 of Arbitration Law 30, none of the parties shall have any right to appeal the arbitration award and none of the parties shall otherwise dispute or question the arbitration award or any interim or other decision of the arbitrators 58 <PAGE> before any judicial authority in the Republic of Indonesia. Each of the parties also hereby irrevocably waives the applicability of Articles 48(1) and 73 paragraph (b) of the Arbitration Law 30 so that the mandate of the arbitrators duly constituted in accordance with the terms of this Agreement shall remain in effect until a final arbitration award has been issued by the arbitrators. Each of the parties further expressly agrees that Article 56
(1) of the Arbitration Law 30 shall apply to the effect that the arbitrators shall be bound by strict rules of law in making their decisions and may not pronounce judgement on equitable principles and other considerations. The arbitral tribunal will be entitled to include in its decision a determination as to the payment of the costs and expenses of the arbitrators, the administrative costs of the arbitration, the legal fees incurred by the Parties, the costs and expenses of witnesses and all other costs and expenses necessarily incurred in the opinion of the arbitral tribunal in order to properly settle the Dispute.
Award Binding. The award by the arbitral tribunal shall be final and binding on the parties and may be enforced in any court of competent jurisdiction including in Indonesia or elsewhere. Each of the parties expressly waives any laws and regulations, decrees or policies having the force of law which would otherwise give a right to appeal against the decision of the arbitral tribunal and agrees that, in accordance with Article 60 of Arbitration Law 30, none of the parties shall have any right to appeal the arbitration award and none of the parties shall otherwise dispute or question the arbitration award or any interim or other decision of the arbitrators
(1) of the Arbitration Law 30 shall apply to the effect that the arbitrators shall be bound by strict rules of law in making their decisions and may not pronounce judgement on equitable principles and other considerations. The arbitral tribunal will be entitled to include in its decision a determination as to the payment of the costs and expenses of the arbitrators, the administrative costs of the arbitration, the legal fees incurred by the Parties, the costs and expenses of witnesses and all other costs and expenses necessarily incurred in the opinion of the arbitral tribunal in order to properly settle the Dispute.
Award Binding. Any award or determination, including determinations on interim or interlocutory matters, of the arbitrator shall be final and binding and there shall be no appeal or recourse therefrom, subject only to the provisions of the International Commercial Arbitration Act (Ontario) and the Model Law on International Commercial Arbitration adopted by the United Nations Commission on International Trade Law on June 21, 1985 (the "Model Law"). Except as specifically provided in the International Commercial Arbitration Act (Ontario) and the Model Law, all issues arising in connection with a Dispute, including interlocutory and interim matters, shall be resolved by the arbitrator and through the arbitration process and shall not be resolved by application to the Superior Court of Justice for the Province of Ontario or to any other court.
