Award upon Settlement. If the parties settle their dispute during the course of the Arbitration, the Arbitrator may set forth the terms of the agreed settlement in an award. Such an award is referred to as a consent award.
Appears in 8 contracts
Samples: Tax Sharing Agreement (Unova Inc), Distribution and Indemnity Agreement (Western Atlas Inc), Distribution and Indemnity Agreement (Unova Inc)
Award upon Settlement. If the parties settle their dispute during the course of the Arbitration, the Arbitrator may set forth the terms of the agreed settlement in an award. Such an award is referred to as a consent award. 18.
Appears in 2 contracts
Samples: Distribution and Indemnity Agreement (Unova Inc), Distribution and Indemnity Agreement (Western Atlas Inc)
Award upon Settlement. If the parties settle their dispute during the course of the Arbitrationarbitration, the Arbitrator arbitrator may set forth the terms of the agreed settlement in an award. Such an award is referred to as a consent award.
Appears in 1 contract
Award upon Settlement. If the parties settle their dispute during the course of the Arbitrationarbitration, the Arbitrator may arbitrator shall set forth the terms of the agreed settlement terms in an award. Such an award is referred to as , termed a consent award.
Appears in 1 contract
Samples: Arbitrate And