Common use of Parties to be bound Clause in Contracts

Parties to be bound. The Parties irrevocably agree that on expiry of the 20 (twenty) calendar day period for appeal or the handing down of the ruling of the appeal panel, as the case may be, as contemplated in clause 14.6, the decision in arbitration proceedings— 14.7.1 shall be final and binding on the Parties; 14.7.2 shall be carried into effect; and 14.7.3 may be made an order of any court of competent jurisdiction.

Parties to be bound. The Parties irrevocably agree that on expiry of the 20 (twenty) calendar day period for appeal or the handing down of the ruling of the appeal panel, as the case may be, as contemplated in clause 14.623.7, the decision in arbitration proceedings— 14.7.1 23.8.1 shall be final and binding on the Parties; 14.7.2 23.8.2 shall be carried into effect; and 14.7.3 23.8.3 may be made an order of any court of competent jurisdiction.

Parties to be bound. The Parties irrevocably agree that on upon expiry of the 20 (twenty) calendar day period for appeal or the handing down of the ruling of the appeal panel, as the case may be, as contemplated in clause 14.618.7, the decision in arbitration proceedings—proceedings:- 14.7.1 18.8.1 shall be final and binding on upon the Parties; 14.7.2 18.8.2 shall be carried into effect; and 14.7.3 18.8.3 may be made an order of any court of competent jurisdiction.