Common use of Arbitral Authority Clause in Contracts

Arbitral Authority. The arbitrator shall have no power to render a decision which adds to, subtracts from, or modifies this Agreement or which is in violation of applicable federal, state or local law. The decision shall be confined to the meaning of the contract provision which gave rise to the dispute. Arbitration Expenses – The losing party to the arbitration shall bear the expense of the arbitrator and the rental, if any, of the place of arbitration. All other expenses attendant to arbitration will be borne by the parties incurring the expense, including the expense of any witnesses called by such party.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.