Award of Costs Sample Clauses

Award of Costs. The arbitrator may include in an award an allocation to either Disputing Party or to any intervener of such costs as the arbitrator deems reasonable. An award of costs may include administrative costs of the arbitration, reasonable fees and expenses of the arbitrator, and where the arbitrator believes that a participant has unreasonably prolonged or frustrated the resolution of the dispute, reasonable legal fees and disbursements of any participant.‌

Award of Costs. The Arbitration Panel may award costs to be paid by one or more parties as the Arbitration Panel considers just and equitable. These may include the costs and expenses of the Arbitration Panel and/or the costs and expenses of any other parties, including up to US$25,000 towards the cost of the application fee.

Award of Costs. In principle the courts of the British Virgin Islands will award costs and disbursements in litigation in accordance with the relevant contractual provisions but there remains some uncertainty as to the way in which the rules of the High Court will be applied in practice.

Award of Costs. In principle the courts of the Cayman Islands will award costs and disbursements in litigation in accordance with the relevant contractual provisions but there remains some uncertainty as to the way in which the rules of the Grand Court will be applied in practice. Whilst it is clear that costs incurred prior to judgment can be recovered in accordance with the relevant contract, it is likely that post-judgment costs (to the extent recoverable at all) will be subject to taxation in accordance with Grand Court Rules Order 62; and

Award of Costs. 4.1 In litigation matters, some courts and tribunals (but not all) may order the unsuccessful party to pay the legal costs of the successful party. However, an order by a court or tribunal for the payment of costs will not necessarily cover the whole of the professional costs incurred by you. If proceedings are commenced and you are unsuccessful, we estimate that you may be ordered to pay between $[*] and $[*] (plus between $[*] and $[*] GST if applicable) towards the costs of other parties. You will be personally liable for the payment of these costs. Conversely, if you are successful in your matter, you may recover your costs or a portion of them from the other party. Courts generally award costs on the basis of court scales of costs, which are task-based rather than time‑based. This is known as the standard basis, and usually allows a successful party recovery of between approximately one third and one half of their actual costs. This is because the scale only allows recovery on the costs of tasks which would be performed in an ideal world, rather than the costs of tasks performed in connection with the circumstances of a particular case. The percentage ranges outlined above estimate your recovery (or your exposure) on a standard basis. In certain circumstances, such as a court finding that a party's claim had no legal basis to be brought, a court may be persuaded to order a party's costs be assessed on an indemnity basis. As a result, if your claim were wholly successful, and the circumstances of the claim were such that a court were minded to award indemnity costs, recovery might be as high as 90% of your actual costs. However, if your claim is wholly unsuccessful, and the circumstances of the claim were such that a court were minded to award indemnity costs to the other [party/parties], you may have to pay an amount of approximately the same magnitude to the other [party/parties] for [its/their] costs. Again, these are estimates only and a different result is possible. The amounts specified in paragraph 4.2 are only estimates and are not binding on us.

Award of Costs. Within 30 days of service of the award, the prevailing party may submit a memorandum of costs and any accompanying motion to the arbitrator, who shall have jurisdiction to award costs, attorneys’ fees, expert witness fees, costs associated with arbitration including, but not limited to, the arbitrator’s fees, and prejudgment interest (collectively “Costs”), pursuant to the provisions of this arbitration agreement and applicable state law. The opposing party shall have 15 days from service of the award to file any motion to tax the Costs. The prevailing party shall have 15 days from service of the motion to tax the Costs to file any opposition to the motion. Any reply brief to the motion to tax the Costs must be filed within five days from service of the opposition. The arbitrator may award Costs without oral argument. The arbitrator shall make any cost award within 15 days of final briefing regarding same.