Common use of Arbitral Award Clause in Contracts

Arbitral Award. Any award in connection with the aforementioned arbitration proceeding shall be final, binding and not subject to appeal, and any judgment upon such award may be entered and enforced in any court of competent jurisdiction. To the extent permitted by applicable Laws, the Parties hereby waive all challenge to any award of an arbitrator under this Annex II. The Bank hereby expressly confirms that the Bank's execution of this Agreement and the performance of its obligations thereunder constitute commercial acts and that the relationships created by this Agreement constitute commercial relationships. The Bank further expressly confirms that any arbitral award rendered against the Bank pursuant to this Annex II will be enforceable against it in accordance with the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of June 10, 1958 (the "New York Convention") in any jurisdiction that is a signatory to the New York Convention.

Arbitral Award. Any award in connection with the aforementioned arbitration proceeding shall be final, binding and not subject to appeal, and any judgment upon such award may be entered and enforced in any court of competent jurisdiction. To the extent permitted by applicable Lawslaws, the Parties parties to this Agreement hereby waive all challenge challenges to any award of an arbitrator under this Annex II. The Bank A. Each of the parties hereby expressly confirms that the Bank's its execution of this Agreement and the performance of its obligations thereunder constitute commercial acts and that the relationships created by this Agreement constitute commercial relationships. The Bank Each of the parties further expressly confirms that any arbitral award rendered against the Bank Company or the Major Stockholders pursuant to this Annex II A will be enforceable against it such party in accordance with the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of June 10, 1958 (the "New York Convention") in any jurisdiction that is a signatory to the New York Convention.

Arbitral Award. Any award in connection with the aforementioned arbitration proceeding shall be final, binding and not subject to appeal, and any judgment upon such award may be entered and enforced in any court of competent jurisdiction. To the extent permitted by applicable Lawslaws, the Parties parties to this Agreement hereby waive all challenge to any award of an arbitrator under this Annex II. The Bank A. Each of the parties hereby expressly confirms that the Bank's its execution of this Agreement and the performance of its obligations thereunder constitute commercial acts and that the relationships created by this Agreement constitute commercial relationships. The Bank Each of the parties further expressly confirms that any arbitral award rendered against the Bank such party pursuant to this Annex II A, will be enforceable against it in accordance with the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of June 10, 1958 (the "New York Convention") in any jurisdiction that is a signatory to the New York Convention.

Arbitral Award. Any award in connection with the aforementioned arbitration proceeding shall be final, binding and not subject to appeal, and any judgment upon such award may be entered and enforced in any court of competent jurisdiction. To the extent permitted by applicable Lawslaws, the Parties parties to this Agreement hereby waive all challenge to any award of an arbitrator under this Annex II. The Bank Exhibit A. Each of the Parties hereby expressly confirms that the Bank's its execution of this Agreement and the performance of its obligations thereunder constitute commercial acts and that the relationships created by this Agreement constitute commercial relationships. The Bank Each of the Parties further expressly confirms that any arbitral award rendered against the Bank such party pursuant to this Annex II Exhibit A, will be enforceable against it in accordance with the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of June 10, 1958 (the "New York Convention") in any jurisdiction that is a signatory to the New York Convention.