Binding Arbitration definition

Binding Arbitration means a dispute resolution process that meets all of the following conditions:
Binding Arbitration means the hearing and determination of a case in controversy by a person (Arbitrator) chosen by National and Chapter, with the resulting decision by the Arbitrator being a final resolution of the controversy.
Binding Arbitration has the meaning set forth in Section 8.5(a).

Examples of Binding Arbitration in a sentence

  • The following section entitled Binding Arbitration is agreed to by the Union and its members with full knowledge that they are waiving their rights, in the following circumstances, to a Personnel Board hearing as described in Personnel Rule IX, and in Article XIII Section 7(a).of the City Charter.

  • Before initiating binding arbitration, the Parties shall draft and sign an agreement to engage in binding arbitration, which shall set forth the precise issue in dispute, the amount in controversy and the maximum monetary award allowed, pursuant to BPA’s Binding Arbitration Policy or its successor.

  • In the event the parties are unsuccessful in resolving the dispute through the mediation process, then the parties agree that the dispute will be submitted to Binding Arbitration to a single Arbitrator in accordance with the existing Rules of Practice and Procedure of the Judicial Arbitration and Mediation Services, Inc.

  • If the grievance remains unsettled after the sixty (60) days, either party may move to Step 4, Binding Arbitration.

  • Binding Arbitration shall be available for the following disciplinary actions: termination, reduction in rank and suspensions.


More Definitions of Binding Arbitration

Binding Arbitration. Binding arbitration is a means of having an independent third party resolve a dispute without using the court system, judges or juries. Either you or we can request binding arbitration. If either you or we fail to submit to binding arbitration following a lawful demand, the party who fails to submit bears all costs and expenses incurred by the party compelling arbitration.
Binding Arbitration. As the exclusive means of resolving through adversarial dispute resolution any disputes arising out of this Agreement, either party may demand that any such dispute be resolved by binding arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules, and each party hereby consents to any such disputes being so resolved. Judgment on the award rendered in any such arbitration may be entered in any court having jurisdiction.
Binding Arbitration means a process in which par- ties in conflict submit their differences to the judgment of an impartial third party appointed by the campus mediator with the consent of both parties.
Binding Arbitration. The request for arbitration shall be submitted by the Union to the Recorder within thirty (30) days of the answer in step 2 or mediation or fact-finding, whichever is applicable.
Binding Arbitration means an alternative dispute resolution leading to a conclusive award which creates the law of the matter in controversy without preservation of pre‑appellate motions, pursuant to the South Carolina Rules of Civil Procedure, or rights of appeal, pursuant to the South Carolina Appellate Court Rules, except under the limited circumstances set forth in Section 20‑9‑220.
Binding Arbitration means binding arbitration in New York, New York under the rules of the JAMS in which the prevailing party in any such arbitration will be entitled to such party’s reasonable attorney’s fees and costs.
Binding Arbitration means arbitration to establish a License Agreement that follows the procedures in Paragraph IV.B.2. of the Order and complies with the following: