Common use of Opinion; Enforceability; Expenses Clause in Contracts

Opinion; Enforceability; Expenses. The Arbitrators are to be required to render a reasoned written opinion in support of their final decision, setting forth findings of fact, legal analysis and, subject to the limitations set forth herein, the award. The decision rendered by the Arbitrators will be final and binding upon the Parties. Judgment upon the decision and any award made by the Arbitrators is permitted to be entered in any court of competent jurisdiction. The non-prevailing Party in any Binding Arbitration (as determined by the Arbitrators) shall pay the reasonable fees and expenses (including reasonable attorneys’ fees and costs) of the prevailing Party. The Parties will otherwise be responsible for their own expenses in connection with such Binding Arbitration.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (SFX Entertainment, INC), Membership Interest Purchase Agreement (SFX Entertainment, INC)

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Opinion; Enforceability; Expenses. The Arbitrators are to be required to render a reasoned written opinion in support of their final decision, setting forth findings of fact, legal analysis and, subject to the limitations set forth herein, the award. The decision rendered by the Arbitrators will be final and binding upon all of the Partiesparties. Judgment upon the decision and any award made by the Arbitrators is permitted to be entered in any court of competent jurisdiction. The non-prevailing Party party in any Binding Arbitration (as determined by the Arbitrators) shall pay the reasonable fees and expenses (including reasonable attorneys’ fees and costsfees) of the prevailing Partyparty. The Parties will parties shall otherwise be responsible for their own expenses in connection with such any Binding Arbitration.

Appears in 2 contracts

Samples: Asset Purchase Agreement (SFX Entertainment, INC), Stock Purchase Agreement (SFX Entertainment, INC)

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Opinion; Enforceability; Expenses. The Arbitrators are to be required to render a reasoned written opinion in support of their final decision, setting forth findings of fact, legal analysis analysis, and, subject to the limitations set forth herein, the award. The decision rendered by the Arbitrators will be final and binding upon the Parties. Judgment upon the decision and any award made by the Arbitrators is permitted to be entered in any court of competent jurisdiction. The non-prevailing Initial Party in any Binding Arbitration (as determined by the Arbitrators) shall pay the reasonable fees and expenses (including reasonable attorneys’ fees and costs) of the prevailing Initial Party. The Initial Parties will otherwise be responsible for their own expenses in connection with such Binding Arbitration.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (SFX Entertainment, INC)

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