Common use of Award Final and Binding Clause in Contracts

Award Final and Binding. The award of the arbitral tribunal shall be final and conclusive and binding upon the Parties hereto and the Parties shall be entitled (but not obliged) to enforce the award. Such enforcement shall be subject to the provisions of the Arbitration and Conciliation Act, 1996.

Appears in 18 contracts

Sources: Agreement for Sale, Deed of Conveyance, Deed of Conveyance

Award Final and Binding. The award of the arbitral tribunal shall be final and conclusive and binding upon the Parties hereto and the Parties shall be entitled (but not obliged) to enforce the award. Such enforcement shall be subject to the provisions of the Arbitration and Conciliation Act, 1996.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement