Effect of Award. The award of the arbitration tribunal shall be final and binding upon the disputing parties and, in the case where the subdued party does not perform the award, the prevailing party may apply to a court of competent jurisdiction for enforcement of such award.
Appears in 2 contracts
Samples: Share Purchase Agreement (YOUKU.COM Inc.), Share Purchase Agreement (YOUKU.COM Inc.)
Effect of Award. The award of the arbitration tribunal shall be final and binding upon the disputing parties andboth Parties, in the case where the subdued party does not perform the award, and the prevailing party may apply to a court of competent jurisdiction for enforcement of such award.
Appears in 1 contract
