Common use of Costs; Satisfaction Clause in Contracts

Costs; Satisfaction. Each Party shall bear its own attorneys' fees, costs, and disbursements arising out of the arbitration, and shall pay an equal share of the fees and costs of the arbitrators; provided, however, that the arbitrators shall be authorized to determine whether a Party is the prevailing Party, and if so, to award to that prevailing Party reimbursement for its reasonable attorneys' fees, costs and disbursements (including, for example, expert witness fees and expenses, photocopy charges and travel expenses), and/or the fees and costs of the arbitrators. Absent the filing of an application to correct or vacate the arbitration award as permitted by applicable law, each Party shall fully perform and satisfy the arbitration award within [ * ] days of the service of the award.

Appears in 2 contracts

Samples: Collaboration and Promotion Agreement (Aspreva Pharmaceuticals CORP), Collaboration and Promotion Agreement (Aspreva Pharmaceuticals CORP)

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Costs; Satisfaction. Each Party shall bear its own attorneys' fees, costs, and disbursements arising out of the arbitration, and shall pay an equal share of the fees and costs of the arbitrators; provided, however, that the arbitrators shall be authorized to determine whether a Party is the prevailing Party, and if so, to award to that prevailing Party reimbursement for its reasonable attorneys' fees, costs and disbursements (including, for example, expert witness fees and expenses, photocopy charges and travel expenses), and/or the fees and costs of the arbitrators. Absent the filing of an application to correct or vacate the arbitration award as permitted by applicable law, each Party shall fully perform and satisfy the arbitration award within [ * [***] days of the service of the award.

Appears in 1 contract

Samples: Collaboration Agreement (Seattle Genetics Inc /Wa)

Costs; Satisfaction. Each Party shall bear its own attorneys' fees, costs, and disbursements arising out of the arbitration, and shall pay an equal share of the fees and costs of the arbitrators; provided, however, that the arbitrators shall be authorized to determine whether a Party is the prevailing Party, and if so, to award to that prevailing Party reimbursement for its reasonable attorneys' fees, costs and disbursements (including, for example, expert witness fees and expenses, photocopy charges and travel expenses), and/or the fees and costs of the arbitrators. Absent the filing of an application to correct or vacate the arbitration award as permitted by applicable law, each Party shall fully perform and satisfy the arbitration award within [ * ] fifteen (15) days of the service of the award with respect to payment obligations and within thirty (30) days of the service of the award with respect to other obligations (if any) imposed by the award.

Appears in 1 contract

Samples: License Agreement (Ligand Pharmaceuticals Inc)

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Costs; Satisfaction. Each Party shall bear its own attorneys' fees, costs, and disbursements arising out of the arbitrationarbitration pursuant to Section 13.3, and shall pay an equal share of the fees and costs of the arbitrators; provided, however, that the arbitrators shall be authorized (but shall not be obligated) to determine whether a Party is the prevailing Party, and if so, to award to that prevailing Party reimbursement for its reasonable attorneys' fees, costs costs, and disbursements (including, for example, expert witness fees and expenses, photocopy charges and travel expenses)disbursements, and/or the fees and costs of the arbitrators. Absent the filing of an application to correct or vacate the arbitration award as permitted by applicable law, each Party shall fully perform and satisfy the arbitration award within [ * [***] days of the service of the award.

Appears in 1 contract

Samples: Collaboration, Option and License Agreement (Adverum Biotechnologies, Inc.)

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