FAA Prohibition Clause Samples
The FAA Prohibition clause serves to prevent the application of the Federal Arbitration Act (FAA) to a contract or specific disputes arising under it. In practice, this clause may specify that arbitration agreements within the contract are to be governed by state law rather than the FAA, or it may expressly exclude the FAA’s procedural or substantive provisions. By doing so, the clause ensures that parties are not compelled to arbitrate under the federal standards set by the FAA, thereby allowing them to rely on alternative dispute resolution frameworks or state-specific arbitration rules, which can address concerns about federal preemption or perceived biases in federal arbitration law.
FAA Prohibition. If an FAA Determination, as defined in and pursuant to the procedures set out in the Cooperation Agreement, or any other regulatory authority prohibits LAWA from taking actions required by Subsections A through C of this Section X, or threatens to withhold federal funding if LAWA takes actions required by Subsections A through C of this Section X, then LAWA shall set aside $1.7 million to the air quality fund described in Section XV.
FAA Prohibition. If an FAA Determination, as defined in and pursuant to the procedures set out in the Cooperation Agreement, or any other regulatory authority prohibits LAWA from taking actions required by this Section X.G, or threatens to withhold federal funding if LAWA takes actions required by this Section X.G, then LAWA shall set aside
FAA Prohibition. 1. FAA Prohibition of Application to Certain Jobs. If an FAA Determination, as defined in and pursuant to the procedures set out in the Cooperation Agreement, or any other regulatory authority prohibits application of the First Source Hiring Program to certain Airport Jobs, or threatens to withhold federal funding if LAWA app lies the First Source Hiring Program to certain Airport Jobs, then LAWA shall nonetheless implement the First Source Hiring Program with regard to all other Airport Jobs.