Class Action Waiver definition
Examples of Class Action Waiver in a sentence
Guarantor(s) acknowledges that: (i) He/She is bound by the Class Action Waiver provision in the Revenue Purchase Agreement Terms and Conditions; (ii) He/She understands the seriousness of the provisions of this Agreement; (iii) He/She has had a full opportunity to consult with counsel of his/her choice; and (iv) He/ She has consulted with counsel of its choice or has decided not to avail himself/herself of that opportunity.
Each Guarantor acknowledges that Guarantor understands the seriousness of the provisions of the Agreement, including the following Sections: Credit Report and Financial Information Authorizations; Notices; Binding Effect, Governing Law, Venue and Jurisdiction; Survival of Representations, Warranties and Covenants; Interpretation; Entire Agreement and Severability; Execution; Authorization to Contact; Jury Waiver; Class Action Waiver; Arbitration; and Right to Opt Out of Arbitration.
If this Class Action Waiver is found to be unenforceable, then the entirety of this Section 24 (Disputes) shall be null and void.
If Borrower or L▇▇▇▇▇ believes that any Claim filed in arbitration or in court is inconsistent with the limitations in this Section 24(l), then such party may seek an order from a court determining whether the Claim is within the scope of the Class Action Waiver.