Common use of ARBITRATION AND ATTORNEYS' FEES Clause in Contracts

ARBITRATION AND ATTORNEYS' FEES. Any controversy or claim arising out ------------------------------- of or relating to this Agreement, the Partnership, or the Partners' respective rights and duties shall be settled by arbitration in the State of Nevada. Such arbitration shall be in accordance with the rules of the American Arbitration Association, and judgment upon the award may be entered in any court of competent jurisdiction. The prevailing Partner or Partners in such arbitration and any ensuing legal action shall be reimbursed by the Partner or Partners who do not prevail for their reasonable attorney's, accountant's and expert's fees and the costs of such actions.

Appears in 2 contracts

Samples: Partnership Agreement (Hollywood Park Fall Operating Co), Agreement (Hollywood Park Inc/New/)

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ARBITRATION AND ATTORNEYS' FEES. Any controversy or claim ------------------------------- arising out ------------------------------- of or relating to this Agreement, the Partnership, or the Partners' respective rights and duties shall be settled by arbitration in the State of Nevada. Such arbitration shall be in accordance with the rules of the American Arbitration Association, and judgment upon the award may be entered in any court of competent jurisdiction. The prevailing Partner or Partners in such arbitration and any ensuing legal action shall be reimbursed by the Partner or Partners who do not prevail for their reasonable attorney's, accountant's and expert's fees and the costs of such actions.

Appears in 1 contract

Samples: Partnership Agreement (Switzerland County Development Corp)

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ARBITRATION AND ATTORNEYS' FEES. Any controversy or claim arising out ------------------------------- of or relating to this Agreement, the Partnership, or the Partners' respective rights and duties shall be settled by arbitration in the State of Nevada. Such arbitration shall be in accordance with the rules of the American Arbitration Association, and judgment upon the award may be entered in any court of competent jurisdiction. The prevailing Partner or Partners in such arbitration and any ensuing legal action shall be reimbursed by the Partner or Partners who do not prevail for their reasonable attorney's’s, accountant's ’s and expert's ’s fees and the costs of such actions.

Appears in 1 contract

Samples: Partnership Agreement (St Louis Casino Corp)

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