Common use of Consolidated Proceedings Clause in Contracts

Consolidated Proceedings. Each Party hereby consents to a single, consolidated arbitration proceeding of multiple claims, or claims involving more than two parties. The prevailing Party or parties in any arbitration conducted under this paragraph shall be entitled to recover from the other Party or parties (as part of the arbitral award or order) its or their reasonable attorneys' fees and other reasonable costs of arbitration.

Appears in 5 contracts

Samples: Development, Purchase and License Agreement (Aspect Medical Systems Inc), Oem Development and Purchase Agreement (Aspect Medical Systems Inc), Oem Development and Purchase Agreement (Aspect Medical Systems Inc)

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Consolidated Proceedings. Each Party hereby consents to a single, ------------------------ consolidated arbitration proceeding of multiple claims, or claims involving more than two partiesParties. The prevailing Party or parties Parties in any arbitration conducted under this paragraph shall be entitled to recover from the other Party or parties Parties (as part of the arbitral award or order) its or their reasonable attorneys' fees and other reasonable costs of arbitration.

Appears in 1 contract

Samples: Oem Development and Purchase Agreement (Cardiodynamics International Corp)

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Consolidated Proceedings. Each Party hereby consents to a single, consolidated arbitration proceeding of multiple claims, or claims involving more than two parties. The prevailing Party or parties in any arbitration conducted under this paragraph shall may, in the discretion of the arbitrator, be entitled to recover from the other Party or parties (as part of the arbitral award or order) all or a portion of its or their reasonable attorneys' fees and other reasonable costs of arbitration.

Appears in 1 contract

Samples: Bisx License, Development, and Supply Agreement (Aspect Medical Systems Inc)

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