BUSINESS DISPUTE definition

BUSINESS DISPUTE means any DISPUTE that is not a CONSUMER DISPUTE.

BUSINESS DISPUTE. As used herein, “CONSUMER DISPUTE” means a DISPUTE relating to an account (including a deposit account), agreement, extension of credit, loan, service or product provided by the Lender that is primarily for personal, family or household purposes. “BUSINESS DISPUTE” means any DISPUTE that is not a CONSUMER DISPUTE.

BUSINESS DISPUTE has the meaning set forth in Section 10.13.

Examples of BUSINESS DISPUTE in a sentence

• THE PARTIES AGREE TO ARBITRATE A CONSUMER DISPUTE OR BUSINESS DISPUTE ON AN INDIVIDUAL BASIS AND EACH WAIVES THE RIGHT TO PARTICIPATE IN A CLASS ACTION.

• The PARTIES agree that (i) no arbitration proceeding hereunder whether a CONSUMER DISPUTE or a BUSINESS DISPUTE shall be certified as a class action or proceed as a class action, or on a basis involving claims brought in a purported representative capacity on behalf of the general public, other customers or potential customers or persons similarly situated, and (ii) no arbitration proceeding hereunder shall be consolidated with, or joined in any way with, any other arbitration proceeding.

• A BUSINESS DISPUTE for a claim of actual damages that exceeds $250,000 shall be administered by AAA before at least three (3) neutral arbitrators at the request of any PARTY.

• The PARTIES agree that (i) no arbitration proceeding hereunder whether a CONSUMER DISPUTE or a BUSINESS DISPUTE shall be certified as a class action or proceed as a class action, or on a basis involving claims brought in a purported representative capacity on behalf of the general public, other customers or potential customers or Persons similarly situated, and (ii) no arbitration proceeding hereunder shall be consolidated with, or joined in any way with, any other arbitration proceeding.

• A BUSINESS DISPUTE for a claim of actual damages that exceeds $250,000.00 shall be administered by AAA before at least three (3) neutral arbitrators at the request of any PARTY.

More Definitions of BUSINESS DISPUTE

BUSINESS DISPUTE shall have the meaning set forth in Section 3.12(a).

BUSINESS DISPUTE is defined in Section 2.05.

BUSINESS DISPUTE or “DISPUTE”. Borrowers and Guarantors acknowledge their relationship with Lender is a business/commercial relationship and the loans are commercial transactions. “BUSINESS DISPUTE” or “DISPUTE”, as used herein, means any DISPUTE between the PARTIES.

BUSINESS DISPUTE or “DISPUTE”, as used herein, means any DISPUTE between the PARTIES.

BUSINESS DISPUTE has the meaning set forth in Section 6.16(a).

BUSINESS DISPUTE has the meaning given to that term in Section 5.8.

BUSINESS DISPUTE has the meaning given such term in Section 4.9(a).