(a) By agreeing to arbitration under these Rules, the parties undertake to carry out the award without delay, and waive their right to any form of appeal or recourse to a court of law or other judicial authority, insofar as such waiver may validly be made under the applicable law.
(b) The award shall be effective and binding on the parties as from the date it is communicated by the Center pursuant to Article 57(f), second sentence.
Settlement or Other Grounds for Termination