Common use of Form of Award Clause in Contracts

Form of Award. The award will be written in the English language and signed by a majority of the members of the Arbitration Tribunal. The Arbitration Tribunal will provide a concise, written breakdown of the award. If requested in writing by the parties prior to the opening of the hearing, or if the Arbitration Tribunal believes it is appropriate to do so, the Arbitration Tribunal will also provide a concise, written explanation of the award not exceeding five (5) pages in length. Detailed findings of fact and conclusions of law and a reasoned opinion in the form of a judicial opinion are not required and will not be provided.

Form of Award. The award will be written in the English language and signed by a majority of the members of the Arbitration Tribunal. The Arbitration Tribunal will provide a concise, written breakdown of the award. If requested in writing by the parties prior to the opening of the hearing, or if the Arbitration Tribunal believes it is appropriate to do so, the Arbitration Tribunal will also provide a concise, written explanation of the award not exceeding five (5) 5 pages in length. Detailed findings of fact and conclusions of law and a reasoned opinion in the form of a judicial opinion are not required and will not be provided.