Final and Binding Decisions Sample Clauses
The "Final and Binding Decisions" clause establishes that any decision made under the specified process—such as arbitration, mediation, or a designated authority—is conclusive and cannot be appealed or challenged in other forums. In practice, this means that once a decision is rendered, both parties must accept the outcome and are legally obligated to comply, with no further recourse to courts or other dispute resolution mechanisms. This clause ensures certainty and finality in resolving disputes, preventing prolonged litigation and providing closure for all parties involved.
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Final and Binding Decisions. Any decision reached through the mediation and arbitration steps of the dispute resolution procedure in accordance with paragraphs (b) and (c) above shall be final and binding upon the Trustees, the Crown, CTA/CAE, OSBCU\CUPE, all Participating Employers, all Participating Employees and all Beneficiaries.
Final and Binding Decisions. Any reference in this Agreement to a final and binding decision of a court or arbitral tribunal, shall mean: (a) with respect to a court, a final and binding, full or partial, decision of a court (geheel of gedeeltelijk gerechtelijk eindvonnis met gezag van gewijsde), without possibility for appeal, and (b) with respect to an arbitral tribunal, a final and binding, full or partial, decision of an arbitral tribunal (geheel of gedeeltelijk arbitraal eindvonnis met gezag van gewijsde), without possibility for arbitral appeal to the same or another arbitral tribunal.
Final and Binding Decisions. Any decision resulting from the operation of Paragraph (c) above shall be final and binding upon the Trustees, the Participating Employers, the Members and their beneficiaries, the Participating Trade Unions and the Settlors. For greater certainty, any such decision of the additional Trustee cannot have the effect of amending or contravening any Collective Agreement or this Agreement unless the matter in dispute relates to an amendment to this Agreement pursuant to Subsection 12.02.