Binding Decision. The decision and award of the arbitral tribunal shall be made by majority decision and shall be final, nonappealable and binding on the parties hereto and their successors and assigns. The arbitral award shall be accompanied by a reasoned opinion.
Appears in 5 contracts
Sources: License and Asset Purchase Agreement (Spectrum Pharmaceuticals Inc), License and Asset Purchase Agreement (Spectrum Pharmaceuticals Inc), License and Asset Purchase Agreement (Spectrum Pharmaceuticals Inc)
Binding Decision. The decision and award of the arbitral tribunal shall be made by majority decision and shall be final, nonappealable and binding on the parties Parties hereto and their successors and assigns. The arbitral award shall be accompanied by a reasoned opinion.
Appears in 3 contracts
Sources: Joint Venture Agreement, Joint Venture Agreement (CRISPR Therapeutics AG), Joint Venture Agreement (CRISPR Therapeutics AG)
Binding Decision. The decision and award of the arbitral tribunal shall will be made by majority decision and shall will be final, nonappealable non-appealable and binding on the parties hereto Parties and their successors and assigns. The arbitral award shall will be in writing in English and accompanied by a reasoned opinion.
Appears in 1 contract
Sources: Commitment Agreement (Arvinas, Inc.)