Common use of If Only One Arbitrator is Appointed Clause in Contracts

If Only One Arbitrator is Appointed. If either Landlord or Tenant fails to appoint an arbitrator within fifteen (15) days after the Outside Agreement Date, the arbitrator timely appointed by one of them shall reach a decision and notify Landlord and Tenant of that decision within thirty (30) days after the arbitrator’s appointment. The arbitrator’s decision shall be binding on Landlord and Tenant.

Appears in 14 contracts

Samples: Lease Agreement (PROCEPT BioRobotics Corp), Lease Agreement (PROCEPT BioRobotics Corp), Lease Agreement (Allakos Inc.)

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If Only One Arbitrator is Appointed. If either Landlord or Tenant fails to appoint an arbitrator within fifteen (15) days after the Outside Agreement Date, the arbitrator timely appointed by one of them shall reach a decision and notify Landlord and Tenant of that decision within thirty (30) days after the arbitrator’s 's appointment. The arbitrator’s 's decision shall be binding on Landlord and Tenant.

Appears in 8 contracts

Samples: Lease Agreement (Penumbra Inc), Lease Agreement (Everbridge, Inc.), Lease Agreement (Penumbra Inc)

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If Only One Arbitrator is Appointed. If either Landlord or Tenant fails to appoint an arbitrator within fifteen twenty (1520) days after the Outside Agreement Date, the arbitrator timely appointed by one of them shall reach a decision and notify Landlord and Tenant of that decision within thirty (30) days after the arbitrator’s appointment. The arbitrator’s decision shall be binding on Landlord and Tenant.

Appears in 3 contracts

Samples: Lease Agreement (Talis Biomedical Corp), Lease Agreement (Adicet Bio, Inc.), Lease Agreement (resTORbio, Inc.)

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