Common use of Effect of Arbitration Award Clause in Contracts

Effect of Arbitration Award. The arbitration award shall be final and binding on the Parties, and the Parties agree to be bound thereby and to act accordingly.

Appears in 2 contracts

Samples: Equity Joint Venture Contract (China Hydroelectric Corp), Supply Contract (New Focus Inc)

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Effect of Arbitration Award. The Subject to Section 29.2, the arbitration award shall be final and binding on the Parties, and the Parties agree to be bound thereby and to act accordingly.

Appears in 2 contracts

Samples: Sino Foreign Cooperative Joint Venture Contract, Sino Foreign Cooperative Joint Venture Contract (Aura Systems Inc)

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Effect of Arbitration Award. The Subject to Section 12.2(e), the arbitration award shall be final and binding on the Parties, and the Parties agree to be bound thereby hereby and to act accordingly.

Appears in 2 contracts

Samples: Sino Foreign Cooperative Joint Venture Contract, Sino Foreign Cooperative Joint Venture Contract (Aura Systems Inc)

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