Common use of Payment of Award Clause in Contracts

Payment of Award. Each Disputing Party against which the arbitrators' Award assesses a monetary obligation shall pay that obligation on or before the 30th day following the Award or such other date as the Award may provide, which Award shall be payable in cash in dollars unless the Award specifies a different currency.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Master Lease Agreement (Grupo Iusacell Sa De Cv), Purchase and Sale Agreement (Grupo Iusacell Celular Sa De Cv)

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Payment of Award. Each Disputing Party against which the arbitrators' Award award assesses a monetary obligation shall pay that obligation on or before the 30th day Day following the Award award or such other date as the Award award may provide, which Award award shall be payable in cash in dollars Reais, indexed to Dollars, unless the Award award specifies a different currency.

Appears in 1 contract

Samples: Consortium Agreement

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Payment of Award. Each Disputing Party against which the arbitrators' Award assesses a monetary obligation shall pay that obligation on or before the 30th day following the Award or such other date as the Award may provide, which Award shall be payable in cash in United States dollars unless the Award specifies a different currency.

Appears in 1 contract

Samples: Termination and Release Agreement

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