Written Decision or Award. The written decision or award of the Arbitrator shall be final and binding upon the Parties and the Parties shall abide by and comply with such decision and a judgment may be rendered upon such decision or award in a court of competent jurisdiction. Unless apportioned otherwise by the Arbitrator under Section 11.1 or 11.7, Buyer and Seller shall equally bear the cost of the services and expenses of the Arbitrator and all other costs of the arbitration proceedings.
Appears in 4 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Abraxas Petroleum Corp), Purchase and Sale Agreement (Sandridge Energy Inc)
Written Decision or Award. The written decision or award of the Arbitrator Arbitrator(s) shall be final and binding upon the Parties and the Parties shall abide by and comply with such decision and a judgment may be rendered upon such decision or award in a court of competent jurisdiction. Unless apportioned otherwise by the Arbitrator under Section 11.1 or 11.7, Buyer and Parent on one hand, and Seller on the other, shall equally bear the cost of the services and expenses of the Arbitrator Arbitrator(s) and all other costs of the arbitration proceedings.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp), Purchase and Sale Agreement (Kodiak Oil & Gas Corp)
Written Decision or Award. The written decision or award of the Arbitrator shall be final and binding upon the Parties and the Parties shall abide by and comply with such decision and a judgment may be rendered upon such decision or award in a court of competent jurisdiction. Unless apportioned otherwise by the Arbitrator under Section 11.1 12.1 or 11.712.6, Buyer and Seller shall equally bear the cost of the services and expenses of the Arbitrator and all other costs of the arbitration proceedings.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (WildHorse Resource Development Corp), Purchase and Sale Agreement (Diamondback Energy, Inc.)
Written Decision or Award. The written decision or award of the Arbitrator arbitrator shall be final and binding upon the Parties and the Parties shall abide by and comply with such decision and a judgment may be rendered upon such decision or award in a court of competent jurisdiction. Unless apportioned otherwise by the Arbitrator under Section 11.1 or 11.7, Buyer Grantee and Seller Grantor shall equally bear the cost of the services and expenses of the Arbitrator arbitrator and all other costs of the arbitration proceedings.
Appears in 2 contracts
Samples: Contribution Agreement (New Source Energy Corp), Contribution Agreement (New Source Energy Corp)
Written Decision or Award. The written decision or award of the Arbitrator shall be final and binding upon the Parties and the Parties shall abide by and comply with such decision and a judgment may be rendered upon such decision or award in a court of competent jurisdiction. Unless apportioned otherwise by the Arbitrator under Section 11.1 or 11.711.6, Buyer Buyer, on the one hand, and Seller Sellers, on the other hand, shall equally bear the cost of the services and expenses of the Arbitrator and all other costs of the arbitration proceedings.
Appears in 2 contracts
Samples: Stock Purchase and Sale Agreement (PDC Energy, Inc.), Asset Purchase and Sale Agreement (PDC Energy, Inc.)