Common use of Dispute Resolution Provision Clause in Contracts

Dispute Resolution Provision. This Dispute Resolution Provision contains a jury waiver, a class action waiver, and an arbitration agreement (or judicial reference agreement, as applicable), set out in four Sections. READ IT CAREFULLY. No portion of this Dispute Resolution section shall be interpreted or applied in a manner prohibited by governing law, but all other portions shall remain in effect. Without limitation, no portion of this Dispute Resolution section shall require arbitration or other non-judicial procedure to resolve any controversy or settle any claim arising out of any consumer credit transaction that is secured by a dwelling (including a home equity line of credit secured by the consumer’s principal dwelling). The jury waiver, class action waiver, and arbitration agreement in this Dispute Resolution provision do not apply to you if, as of the date of this agreement, you are a member of the Armed Forces or a dependent of such member entitled to protection under the Federal Military Lending Act.

Appears in 9 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

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Dispute Resolution Provision. This Dispute Resolution Provision contains a jury waiver, a class action waiver, and an arbitration agreement (or judicial reference agreement, as applicable), set out in four Sections. READ IT CAREFULLY. No portion of this Dispute Resolution section shall be interpreted or applied in a manner prohibited by governing law, but all other portions shall remain in effect. Without limitation, no portion of this Dispute Resolution section shall require arbitration or other non-non- judicial procedure to resolve any controversy or settle any claim arising out of any consumer credit transaction that is secured by a dwelling (including a home equity line of credit secured by the consumer’s principal dwelling). The jury waiver, class action waiver, and arbitration agreement in this Dispute Resolution provision do not apply to you if, as of the date of this agreement, you are a member of the Armed Forces or a dependent of such member entitled to protection under the Federal Military Lending Act.

Appears in 2 contracts

Samples: Credit Card Agreement, Credit Card Agreement

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