Common use of Reference and Arbitration Clause in Contracts

Reference and Arbitration. (a) Judicial Reference. ln any judicial action between or among the ------------------ parties, including any action or cause of action arising out of or relating to this Guaranty or the Loan Documents or based on or arising from an alleged tort, all decisions of fact and law shall at the request of any party be referred to a referee in accordance with California Code of Civil Procedure Sections 638 et seq. The parties ------ shall designate to the court a referee or referees selected under the auspices of the American Arbitration Association ("AAA") in the same manner as arbitrators are selected in AAA-sponsored proceedings. The presiding referee of the panel, or the referee if there is a single referee, shall be an active attorney or retired judge. Judgment upon the award rendered by such referee or referees shall be entered in the court in which such proceeding was commenced in accordance with California Code of Civil Procedure Sections 644 and 645.

Appears in 1 contract

Samples: Secured and Unsecured Indemnity Agreement (Prolong International Corp)

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Reference and Arbitration. (a) 7.1 Judicial Reference. ln Reference ------------------ In any judicial action between or among the ------------------ parties, including but not limited to any action or cause of action arising out of or relating to this Guaranty Agreement or the Loan Documents or based on or arising from an alleged tort, all decisions of fact and law shall at the request of any party be referred to a referee in accordance with California Code of Civil Procedure Sections 638 et seq. The parties ------ shall designate to -- --- the court a referee or referees selected under the auspices of the American Arbitration Association ("AAA") in the same manner as arbitrators are selected in AAA-sponsored proceedings. The presiding referee of the panel, or the referee if there is a single referee, shall be an active attorney or retired judge. Judgment upon the award rendered by such referee or referees shall be entered in the court in which such proceeding was commenced in accordance with California Code of Civil Procedure Sections 644 and 645.

Appears in 1 contract

Samples: Indemnity Agreement (Prolong International Corp)

Reference and Arbitration. (a) Judicial Reference. ln Reference ------------------ In any judicial action between or among the ------------------ parties, including any action or cause of action arising out of or relating to this Guaranty Agreement or the Loan Documents or based on or arising from an alleged tort, all decisions of fact and law shall at the request of any party be referred to a referee in accordance with California Code of Civil Procedure Sections 638 et seq. The parties ------ shall designate to the court -- --- a referee or referees selected under the auspices of the American Arbitration Association ("AAA") in the same manner as arbitrators are selected in AAA-sponsored proceedings. The presiding referee of the panel, or the referee if there is a single referee, shall be an active attorney or retired judge. Judgment upon the award rendered by such referee or referees shall be entered in the court in which such proceeding was commenced in accordance with California Code of Civil Procedure Sections 644 and 645.

Appears in 1 contract

Samples: Secured and Unsecured Indemnity Agreement (Prolong International Corp)

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Reference and Arbitration. (a) Judicial Reference. ln Reference ------------------ In any judicial action between or among the ------------------ parties, including any action or cause of action arising out of or relating to this Guaranty Agreement or the Loan Documents or based on or arising from an alleged tort, all decisions of fact and law shall at the request of any party be referred to a referee in accordance with California Code of Civil Procedure Sections 638 et seq. The -- --- parties ------ shall designate to the court a referee or referees selected under the auspices of the American Arbitration Association ("AAA") in the same manner as arbitrators are selected in AAA-sponsored proceedings. The presiding referee of the panel, or the referee if there is a single referee, shall be an active attorney or retired judge. Judgment upon the award rendered by such referee or referees shall be entered in the court in which such proceeding was commenced in accordance with California Code of Civil Procedure Sections 644 and 645.

Appears in 1 contract

Samples: Indemnity Agreement (Prolong International Corp)

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