Interest on Award Sample Clauses
Interest on Award. Any monetary award of the arbitrator may include interest at the highest legal rate, which interest shall accrue from the date the claim, dispute or other matter in question was due and payable under the Agreements until the date the award is paid to the prevailing Party.
Interest on Award. Any monetary award of the arbitrator may include interest at the rate of * per annum, which interest shall accrue from the date of the written decision of the arbitrator to the date the award is paid.
Interest on Award. The arbitrators shall apply interest on the award to be calculated from the date the arbitrators determined such monies were due and payable through the date of payment thereof. The amount of interest shall be the lesser of eight percent (8%) per annum or the highest rate permitted by Legal Requirements.