Common use of Costs of Arbitrator Clause in Contracts

Costs of Arbitrator. The costs and expenses of the arbitrators shall be shared equally by the Parties, and the additional incidental costs of arbitration shall be paid for by the non-prevailing Party(ies) in the arbitration; provided, however, that where the final decision of the arbitrators is not clearly in favor of a Party, such incidental costs shall be shared equally by all Parties.

Appears in 5 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Costs of Arbitrator. The costs and expenses of the arbitrators arbitrator shall be shared equally by the Parties, and the additional incidental costs of arbitration shall be paid for by the non-prevailing Party(ies) in the arbitration; provided, however, that where the final decision of the arbitrators arbitrator is not clearly in favor of a Party, such incidental costs shall be shared equally by all Parties.

Appears in 1 contract

Samples: Funding Agreement

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