Common use of Commencement of Proceedings Clause in Contracts

Commencement of Proceedings. An arbitration proceeding may be commenced only by the Tribe, the Authority, the Trustee, or to the extent remedies may be enforced directly by a Holder, by the filing of a Statement of Claim (within the meaning of the AAA rules) with the AAA and serving a copy thereof on the other parties affected by the Permitted Claim. A single arbitrator shall hear the Permitted Claim, and shall be selected in accordance with the rules of the AAA.

Appears in 6 contracts

Samples: Letter of Credit Drawdown Agreement (Chukchansi Economic Development Authority), Account Contribution Agreement (Chukchansi Economic Development Authority), Pledge and Security Agreement (Chukchansi Economic Development Authority)

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Commencement of Proceedings. An arbitration proceeding may be commenced only by the Tribe, the Authority, the Trustee, Authority or to the extent remedies may be enforced directly by a Holder, Cascade by the filing of a Statement of Claim (within the meaning of the AAA rules) with the AAA and serving a copy thereof on the other parties affected by the Permitted Claim. A single arbitrator shall hear the Permitted Claim, and shall be selected in accordance with the rules of the AAA.

Appears in 1 contract

Samples: Indemnification Agreement (Chukchansi Economic Development Authority)

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Commencement of Proceedings. An arbitration proceeding may be commenced only by the Tribe, the Authority, the Trustee, or to the extent remedies may be enforced directly by a Holder, by the Holder, by the filing of a Statement of Claim (within the meaning of the AAA rules) with the AAA and serving a copy thereof on the other parties affected by the Permitted Claim. A single arbitrator shall hear the Permitted Claim, and shall be selected in accordance with the rules of the AAA.

Appears in 1 contract

Samples: Chukchansi Economic Development Authority

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