Common use of Final and Binding Determination Clause in Contracts

Final and Binding Determination. The determinations of the Arbitrator will be final and binding upon the parties to the arbitration, and judgment upon the award rendered by the Arbitrator may be entered in any court having jurisdiction, or application may be made to such court for a judicial acceptance of the award and an order of enforcement, as the case may be. The Arbitrator shall set forth with specificity the grounds for the decision in the award.

Appears in 1 contract

Sources: Distributor Agreement (Imnet Systems Inc)

Final and Binding Determination. The determinations of the such Arbitrator will be final and binding upon the parties to the arbitration, and judgment upon the award rendered by the Arbitrator may be entered in any court having jurisdiction, or application may be made to such court for a judicial acceptance of the award and an order of enforcement, as the case may be. The Arbitrator shall set forth with specificity the grounds for the decision in the award.

Appears in 1 contract

Sources: Manufacturing and Distribution License Agreement (Softnet Systems Inc)