Common use of Conduct of Arbitration Clause in Contracts

Conduct of Arbitration. To the maximum extent practicable, an arbitration proceeding hereunder shall be concluded within 180 days of the filing of the Dispute with the AAA. Arbitration proceedings shall be conducted in Houston, Texas. Arbitrators shall be empowered to impose sanctions and to take such other actions as the arbitrators deem necessary to the same extent a judge could impose sanctions or take such other actions pursuant to the Federal Rules of Civil Procedure and applicable law. At the conclusion of any arbitration proceeding, the arbitrator shall make specific written findings of fact and conclusions of law. The arbitrators shall have the power to award recovery of all costs and fees to the prevailing party. Company and Purchaser each agrees to keep all Disputes and arbitration proceedings strictly confidential except for disclosure of information required by applicable law.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Sierra Well Service Inc), Securities Purchase Agreement (Southwest Royalties Holdings Inc), Subscription Agreement (Basic Energy Services Inc)

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Conduct of Arbitration. To the maximum extent practicable, an any arbitration proceeding proceedings hereunder shall be concluded within 180 sixty (60) days of the Parties’ selection of the arbitrator or the filing of the Dispute with the AAAAAA for the appointment of the arbitrator. Arbitration All arbitration proceedings shall be conducted in Houston, Texas. Arbitrators shall be empowered to impose sanctions and to take such other actions as the arbitrators deem necessary to the same extent a judge could impose sanctions or take such other actions pursuant to the Federal Rules of Civil Procedure and applicable law. At the conclusion of any the arbitration proceedingproceedings, the arbitrator shall make specific written findings of fact and conclusions of law. The arbitrators decision of the arbitrator shall likewise be in writing. The arbitrator shall not have the authority to award any special, indirect, punitive or exemplary damages. The arbitrator shall have the power to award recovery of all costs and fees to the prevailing partyParty. Company and Purchaser each Each Party agrees to keep all Disputes and arbitration proceedings strictly confidential except for disclosure of information required by applicable law.

Appears in 3 contracts

Samples: Participation Agreement (Energy Xxi (Bermuda) LTD), Participation Agreement (Energy Xxi (Bermuda) LTD), Participation Agreement (Energy Xxi (Bermuda) LTD)

Conduct of Arbitration. To the maximum extent practicable, an arbitration proceeding hereunder shall be concluded within 180 days of the filing of the Dispute with the AAA. Arbitration proceedings shall be conducted in Houston, Texas. Arbitrators shall be empowered to impose sanctions and to take such other actions as the arbitrators deem necessary to the same extent a judge could impose sanctions or take such other actions pursuant to the Federal Rules of Civil Procedure and applicable law. At the conclusion of any arbitration proceeding, the arbitrator shall make specific written findings of fact and conclusions of law. The arbitrators arbitrator shall have the power to award recovery of all costs and fees to the prevailing party. Company and Purchaser each Each party agrees to keep all Disputes and arbitration proceedings strictly confidential except for disclosure of information required by applicable law.

Appears in 2 contracts

Samples: Agreement for Purchase and Sale (Nuevo Energy Co), Agreement for Purchase and Sale (Bellwether Exploration Co)

Conduct of Arbitration. To the maximum extent practicable, an arbitration proceeding hereunder shall be concluded within 180 days of the filing of the Dispute with the AAA. Arbitration proceedings shall be conducted in Houston, Texas. Arbitrators shall be empowered to impose sanctions and to take such other actions as the arbitrators deem necessary to the same extent a judge could impose sanctions or take such other actions pursuant to the Federal Rules of Civil Procedure and applicable law. At the conclusion of any arbitration proceeding, the arbitrator shall make specific written findings of fact and conclusions of law. The arbitrators shall have the power to award recovery of all costs and fees to the prevailing party. Company and Purchaser each agrees The parties agree to keep all Disputes and arbitration proceedings strictly confidential except for disclosure of information required by applicable law.

Appears in 1 contract

Samples: Registration Rights Agreement (Sierra Well Service Inc)

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Conduct of Arbitration. To the maximum extent practicable, an ---------------------- arbitration proceeding hereunder shall be concluded within 180 one hundred eighty (180) days of the filing of the Dispute with the AAA. Arbitration proceedings shall be conducted in Houston, Texas. Arbitrators shall be empowered to impose sanctions and to take such other actions as the arbitrators deem necessary to the same extent a judge could impose sanctions or take such other actions pursuant to the Federal Rules of Civil Procedure and applicable law. At the conclusion of any arbitration proceeding, the arbitrator shall make specific written findings of fact and conclusions of law. The arbitrators arbitrator shall have the power to award recovery of all costs and fees to the prevailing partyParty. Company and Purchaser each Each Party agrees to keep all Disputes and arbitration proceedings strictly confidential except for disclosure of information required by applicable law.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Sheridan Energy Inc)

Conduct of Arbitration. To the maximum extent practicable, an arbitration proceeding hereunder shall be concluded within 180 days of the filing of the Dispute with the AAA. Arbitration proceedings shall be conducted in Houston, Texas. Arbitrators shall be empowered to impose sanctions and to take such other actions as the arbitrators deem necessary to the same extent a judge could impose sanctions or take such other actions pursuant to the Federal Rules of Civil Procedure and applicable law. At the conclusion of any arbitration proceeding, the arbitrator shall make specific written findings of fact and conclusions of law. The arbitrators shall have the power to award recovery of all costs and fees to the prevailing party. Company and Purchaser each agrees agree to keep all Disputes and arbitration proceedings strictly confidential except for disclosure of information required by applicable law.

Appears in 1 contract

Samples: Registration Rights Agreement (Southwest Royalties Holdings Inc)

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