Common use of Costs of Arbitrator Clause in Contracts

Costs of Arbitrator. The costs and expenses of the Fast-Track Arbitration, including the costs of the arbitrator and the prevailing Declarant’s reasonable attorneys’ fees, shall be paid for by the non-prevailing Declarant in the arbitration; provided, however, that where the final decision of the arbitrator is not clearly in favor of a Declarant, such incidental costs shall be shared equally by all Declarants.

Appears in 2 contracts

Sources: Membership Interests Purchase Agreement (PNK Entertainment, Inc.), Membership Interests Purchase Agreement (Pinnacle Entertainment Inc.)