Binding Award. This agreement to arbitrate and any award made hereunder shall be binding upon the successors and assigns and any trustee or receiver of each Party.
Binding Award. The parties may agree that the award of a majority of the arbitrators, or in the case of a single arbitrator, of such arbitrator, will be final and binding upon each of them.
Binding Award. Notwithstanding anything to the contrary provided herein, the arbitration shall be governed by the United States Arbitration Act, 9 U.S.C. Section 1
Binding Award. The award of the arbitrators shall be final and binding on the parties to the arbitration, their successors and assigns and there shall be no appeal therefrom with respect to any controversy. The costs of arbitration, and which party or parties shall bear the costs and expenses or if all of the parties shall share the costs and expenses and, if so, in what proportion, shall be decided by the arbitrators taking into strict account the provisions of this Lease.
Binding Award. The arbitration award shall be binding upon the parties, subject to the remedies available under ORS 36.705 and 36.710. The parties acknowledge that this arbitration shall not be governed by or subject to ORS 36.600 to 36.740, except as expressly provided in the Fee Dispute Resolution Rules, and the parties hereby waive those requirements to the extent permitted by ORS 36.615. Each party agrees to pay promptly any amount determined by the arbitration. The award may be confirmed by the court and a judgment entered thereon pursuant to ORS 36.700.
Binding Award. The award adopted by the Arbitration Tribunal shall be final and binding upon both parties. Both parties expressly consent to waive the application of any law or regulations that may grant either party to make an appeal concerning the award. Thus, neither party shall make an appeal with regard to the award, and neither party shall defend the enforcement of the award favorable to the other party.
Binding Award. The parties may agree that the award of a majority of the arbitrators, or in the case of a single arbitrator, of such arbitrator, will be final and binding upon each of them, from which there shall be no appeal. In the event that one party alleges a default or breach which the other denies, or a failure to satisfactorily cure a default, then the arbitrator or arbitrators may make an order to relieve against forfeiture or set out the required terms to cure the default. The arbitrator or arbitrators may award injunctive relief, and shall also decide matters including the cost of the arbitration. The arbitrator or arbitrators are authorized and instructed to award costs on a solicitor own client or special costs basis, as warranted, to the successful party in connection with any arbitration. In the event a party fails or is otherwise unable to pay its share of any costs under this provision, the other party or parties are hereby authorized but not obligated to make that payment and deduct the same from any money claimed owed by the respondent, or treat such advance as a demand loan, with interest at Eight Percent (8%) per annum, compounding annually until paid, and payable on demand.
Binding Award. Any award made by the Tribunal shall be final and binding on each of the parties. The parties expressly agree to waive the applicability of any Laws and regulations that would otherwise give the right to appeal the decisions of the Tribunal so that there shall be no appeal to any court of law for the award of the Tribunal, and a party shall not challenge or resist the enforcement action taken by the other party in whose favor an award of the Tribunal was given.
