Prompt Award. Unless otherwise agreed by the parties, the award shall be made promptly by the panel (in any event, no later than thirty (30) Business Days from the closing of the hearing). Unless otherwise agreed by the parties, the decision and award by the panel shall be reasoned, explain the basis of the decision and be in writing. Any failure to render the award within the foregoing time period shall not affect the validity of such award.
Appears in 9 contracts
Samples: Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc)
Prompt Award. Unless otherwise agreed by the parties, the The award shall be made promptly by the panel (in any eventpanel, and, unless agreed by the parties, no later than thirty (30) Business Days days from the closing of the hearing). Unless otherwise agreed by the parties, the decision and award by the panel shall be reasoned, explain the basis of the decision and be in writing. Any failure to render the award within the foregoing time period shall not affect the validity of such award.
Appears in 4 contracts
Samples: Banking Information Technology Services Agreement (Riggs National Corp), Intellectual Property Purchase Agreement (Heelys, Inc.), Services Agreement (Equifax Inc)
Prompt Award. Unless otherwise agreed by the parties, the The award shall be made promptly by the panel (in any eventpanel, and, ------ ----- unless agreed by the parties, no later than thirty (30) Business Days days from the closing of the hearing). Unless otherwise agreed by the parties, the decision and award by the panel shall be reasoned, explain the basis of the decision and be in writing. Any failure to render the award within the foregoing time period shall not affect the validity of such award.
Appears in 1 contract
Samples: Services Agreement (Equifax Inc)
