Common use of Final and Binding Decisions Clause in Contracts

Final and Binding Decisions. Any reference in this Agreement to a final and binding decision of a court or arbitral tribunal, shall mean: (a) with respect to a court, a final and binding, full or partial, decision of a court (geheel of gedeeltelijk gerechtelijk eindvonnis met gezag van gewijsde), without possibility for appeal, and (b) with respect to an arbitral tribunal, a final and binding, full or partial, decision of an arbitral tribunal (geheel of gedeeltelijk arbitraal eindvonnis met gezag van gewijsde), without possibility for arbitral appeal to the same or another arbitral tribunal.

Appears in 3 contracts

Sources: Indemnification Agreement (Argenx N.V), Indemnification Agreement (Cnova N.V.), Indemnification Agreement (ProQR Therapeutics B.V.)

Final and Binding Decisions. Any reference in this Agreement to a final and binding decision of a court or arbitral tribunal, shall mean: (ai) with respect to a court, a final and binding, full or partial, decision of a court (geheel of gedeeltelijk gerechtelijk eindvonnis met gezag van gewijsde), without possibility for appeal, and (bii) with respect to an arbitral tribunal, a final and binding, full or partial, decision of an arbitral tribunal (geheel of gedeeltelijk arbitraal eindvonnis met gezag van gewijsde), without possibility for arbitral appeal to the same or another arbitral tribunal.

Appears in 1 contract

Sources: Indemnification Agreement (ProQR Therapeutics N.V.)