Common use of Limitations on Arbitral Authority Clause in Contracts

Limitations on Arbitral Authority. The arbitrator shall not have the power to modify, ignore, add to or subtract from any provision of this Agreement but shall make a final and binding decision. The arbitrator shall consider and decide only the issue(s) submitted by the parties, and shall have no authority to render a decision not so submitted. The arbitrator’s decision shall be rendered in writing within thirty (30) days after the close of the hearing or after submission of written briefs, whichever is later.

Appears in 2 contracts

Samples: Agreement, Agreement

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Limitations on Arbitral Authority. The arbitrator shall not have the power to modify, ignore, add to to, or subtract from any provision of this Agreement Agreement, but shall make a final and binding decision. The arbitrator shall consider and decide only the issue(s) submitted by the parties, and shall have no authority to render a decision not so submitted. The arbitrator’s decision Decision shall be rendered in writing within thirty (30) days after the close of the hearing or after submission of written briefs, whichever is later.

Appears in 2 contracts

Samples: Agreement, Agreement

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Limitations on Arbitral Authority. The arbitrator shall not have the power to modify, ignore, add to to, or subtract from any provision of this Agreement but shall make a final and binding decision. The arbitrator shall consider and decide only the issue(s) submitted by the parties, and shall have no authority to render a decision not so submitted. The arbitrator’s decision shall be rendered in writing within thirty (30) days after the close of the hearing or after submission of written briefs, whichever is later.

Appears in 1 contract

Samples: Agreement

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