Final Decision. The arbitrator shall issue a final written decision no later than sixty (60) days following the end of the arbitration hearing, stating findings as to law and fact. The decision shall be confidential to the Parties. The arbitrator shall be limited to determining and ordering the payment of actual and direct damages if any, and may order the payment of indirect, special, incidental, or consequential damages only where bad faith has been shown and/or to the extent required to fulfill any obligations under Article 8 of the Agreement. The arbitrator shall not order the payment of punitive or exemplary damages in any case.
Appears in 4 contracts
Samples: License Agreement (Acorda Therapeutics Inc), License Agreement (Acorda Therapeutics Inc), Option Agreement (Acorda Therapeutics Inc)
Final Decision. The arbitrator shall issue a final written decision no later than sixty (60) days following the end of the arbitration hearing, stating findings as to law and fact. The decision shall be confidential to the Partiesparties. The arbitrator shall be limited to determining and ordering the payment of actual and direct damages if any, and may order the payment of indirect, special, incidental, or consequential damages only where bad faith has been shown and/or to the extent required to fulfill any obligations under Article 8 7 of the Agreement. The arbitrator shall not order the payment of punitive or exemplary damages in any case.
Appears in 3 contracts
Samples: License Agreement (EnteroMedics Inc), License Agreement (EnteroMedics Inc), GMP Companies Inc
Final Decision. The arbitrator shall issue a final written decision no later than sixty (60) days [*] following the end of the arbitration hearing, stating findings as to law and fact. The decision shall be confidential to the Partiesparties. The arbitrator shall be limited to determining and ordering the payment of actual and direct damages if any, and may order the payment of indirect, special, incidental, or consequential damages only where bad faith has been shown and/or to the extent required to fulfill any obligations under Article 8 7 of the Agreement. The arbitrator shall not order the payment of punitive or exemplary damages in any case.
Appears in 1 contract
Samples: Corus Pharma Inc