Common use of Award upon Settlement Clause in Contracts

Award upon Settlement. If the parties settle their dispute during the course of the mediation phase, the arbitrator may, upon their request, set forth the terms of the agreed settlement in an award.

Award upon Settlement. If the parties settle their dispute during the course of the mediation phasearbitration, the arbitrator may, upon their request, set forth the terms of the agreed settlement in an award.

Award upon Settlement. If the parties settle their dispute during the course of the mediation phasearbitration, the arbitrator mayArbitrator, upon their request, may set forth the terms of the agreed settlement in an award.