Common use of Representative Action Waiver Clause in Contracts

Representative Action Waiver. The Parties give up the right to bring a non-class representative lawsuit or non-class representative arbitration (such as serving as a private attorney general or seeking a public injunction), or to participate in either as a claimant, in any jurisdiction in which such procedure might be permitted. The Parties agree that the waiver of rights in this paragraph G is necessary to ensure any Dispute is arbitrated in an informal and expedited fashion and the exercise of such rights would be contrary to the Parties’ intention to resolve Disputes informally and expeditiously.

Appears in 5 contracts

Samples: Contract and Security Agreement, Contract and Security Agreement, Retail Installment Contract and Security Agreement

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