Mandatory Arbitration definition

Mandatory Arbitration. Any dispute under this agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect.
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Mandatory Arbitration. Unless you make written application to ECM and ECM agrees in writing to allow you to bring a small claims lawsuit against ECM solely in your individual capacity, any claim, dispute or controversy, regarding any contract, tort, statute, or otherwise (“Claim”), arising out of or relating to this agreement or the relationships among the parties hereto shall be resolved by one arbitrator through binding arbitration administered by the American Arbitration Association (“AAA”), under the AAA Commercial or Consumer, as applicable, Rules in effect at the time the Claim is filed (“AAA Rules”). Copies of the AAA Rules and forms can be located at xxx.xxx.xxx, or by calling 0-000-000-0000. The arbitrator’s decision shall be final, binding, and non-appealable. Judgment upon the award may be entered and enforced in any court having jurisdiction. This clause is made pursuant to a transaction involving interstate commerce and shall be governed by the Federal Arbitration Act. Neither party shall sue the other party other than as provided herein or for enforcement of this clause or of the arbitrator’s award; any such suit may be brought only in Federal District Court for the District or, if any such court lacks jurisdiction, in any state court that has jurisdiction. The arbitrator, and not any federal, state, or local court, shall have exclusive authority to resolve any dispute relating to the interpretation, applicability, unconscionability, arbitrability, enforceability or formation of this Agreement including any claim that all or any part of the Agreement is void or voidable. However, the preceding sentence shall not apply to the clause entitled “Class Action Waiver.”
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Mandatory Arbitration. Unless otherwise stated in this arbitration clause, any "Dispute" between the Parties shall, at your or our election or the election of any of our respective heirs, successors, assignees or related third parties, including Revolut, any other subsequent holder of my Agreement, and their affiliates, subsidiaries, and parents, (the “Parties"), be resolved by a neutral, binding arbitration, and not by a court of law. This procedure includes any Dispute over the interpretation, scope, or validity of this Agreement, this arbitration clause or the arbitrability of any issue, with the sole exception of the Parties' waiver of any right to bring a class action or to participate in a class action as provided for under the Class Action Waiver paragraph below shall be solely determined by the appropriate court, if necessary. This arbitration clause applies to the Parties, including their respective employees or agents, as to all matters which arise out of or relate to this Agreement or are in any way connected with the extension of credit set forth in this Agreement, or any resulting transaction or relationship. Facts About Arbitration: In arbitration, a neutral third party (“Arbitrator”) resolves Disputes, instead of a judge or jury. You, with us, waive the right to go to court. The Arbitrator will conduct a hearing, which is private and less formal than a court trial. Each side will have the opportunity to present some evidence to the Arbitrator. The Arbitrator may limit the Parties’ ability to conduct fact-finding prior to the hearing, called “discovery.” Other rights that the Parties might have in court might not be available in arbitration. Following the hearing, the Arbitrator will issue an award. The Arbitrator’s decision is final, and a court may then enforce the award like a court judgment. Courts rarely overturn an Arbitrator’s award. Pre-Arbitration Resolution: Prior to starting arbitration, I can call you at (000) 000-0000 or write to you at Revolut Loan Servicing, 00 Xxxxx Xxxxxx, Xxxxx 0, Xxx Xxxx, XX 00000 to attempt to resolve the Dispute. We will try to resolve the Dispute. If we make a written offer (“Settlement Offer”), you may reject it and arbitrate. If we do not resolve the Dispute, either party may start arbitration. No party will disclose settlement proposals, including a Settlement Offer, to the Arbitrator.
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Examples of Mandatory Arbitration in a sentence

  • Sternlight, Creeping Mandatory Arbitration: Is It Just?, 57 STAN.

  • St. Antoine, Mandatory Arbitration: Why It’s Better Than It Looks, 41 U.

  • The Administrator for purposes of Mandatory Arbitration shall be an independent nationally recognized entity such as CPR or JAMS, specializing in alternative dispute resolution.

  • St. Antoine, Mandatory Arbitration: Why It’s Better than It Looks, 41 U.

  • Cynthia Estlund, The Black Hole of Mandatory Arbitration, 96 N.C. L.

  • The arbitrator will conduct the Mandatory Arbitration under the AAA’s Commercial Arbitration Rules.

  • In Mandatory Arbitration, Claims will be decided by a single, neutral arbitrator from the American Arbitration Association (“AAA”), whose decision will be final, except for a limited right of review under the Federal Arbitration Act (“FAA”).

  • Alderman, Pre-Dispute Mandatory Arbitration in Consumer Contracts: A Call for Reform, 38 HOUS.

  • Any in-person hearing will take place in Monroe County, Indiana or Xxxxxx County, Indiana, unless another location is agreed upon by You and Us. You have the right to opt out of Mandatory Arbitration, which would enable You to litigate disputes in a court before a judge.

  • If W e do not receive Your written notice within this time period, Your right to opt out will terminate and the provisions regarding Mandatory Arbitration will apply.


More Definitions of Mandatory Arbitration

Mandatory Arbitration. Any controversy or claim arising out of this Managed Services Agreement, or relating to it, including any statutory claims, will be settled by arbitration administered by the American Arbitration Association. The judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction. PCS and CLIENT are choosing arbitration instead of litigation to resolve its disputes and VOLUNTARILY AND KNOWINGLY WAIVE A RIGHT TO A JURY TRIAL. In the event of any claim, arbitration and/or civil action relative to this Managed Services Agreement, the prevailing party shall be entitled to reasonable attorney fees and costs. The location of arbitration hearings held under this agreement shall be Burlington County, State of New Jersey, unless agreed to otherwise by all Parties to the arbitration.
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Mandatory Arbitration. The parties agree to arbitrate any claim which may arise out the performance of this contract in accordance with the of the American Arbitration Association. A written demand for arbitration shall be filed with the American Arbitration Association and the other party. Any such claims shall be waived unless the demand for arbitration is made within one year from the last date that Alliance Rent Protection, LLC. provided service under this contract. Missouri law applies to any dispute between the parties and venue for any arbitration is St. Louis County Missouri, at a mutually convenient time and place within the county limits. Any arbitration award is limited by the liability limits set forth in this contract and no party is entitled to recover their attorney's fees or costs of the arbitration. Alliance Rent Protection, LLC. shall bear the actual cost of arbitration. LANDLORD ACCEPTANCE: Name DATE Received and accepted by; Xxxxxxx Xxxxxxxxx- President
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Mandatory Arbitration as used here means that employees must agree as a condition of employment to arbitrate all legal disputes with their employer, including statutory claims, rather than take them to court. The Supreme Court has upheld the validity of such agreements on the grounds that they merely provide for a change of forum and not a loss of substantive rights. Opponents contend this wrongfully deprives employees of the right to a judge-and-jury trial and other statutory procedural benefits. Various empirical studies indicate, however, that employees similarly situated do about as well in arbitration as in court actions, or even better, although successful plaintiffs get larger monetary awards in court. Perhaps most important as a practical matter, lower-paid employees generally cannot get access to court, although they can secure a hearing in arbitration. For most such workers, arbitration may be the only realistic option. This paper will conclude that the primary concern should be to ensure due process in mandatory arbitration. That would mean such guarantees as a mutually selected arbitrator, no broad prohibition of class actions, a fair hearing, reasonable costs, and the same remedies as provided by any applicable law.
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Related to Mandatory Arbitration

  • Voluntary arbitration means the procedure whereby parties involved in a labor dispute

  • Compulsory arbitration means the procedure whereby parties involved in a labor dispute

  • Notice of Arbitration means the formal notice from the CONTRACTOR or the CUSTOMER to the other party referring a dispute to arbitration in accordance with the provisions of Schedule 2-9.

  • Arbitration means any arbitration whether or not administered by a permanent arbitral institution;

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

  • UNCITRAL Arbitration Rules means the arbitration rules of the United Nations Commission on International Trade Law.

  • Arbitration Board has the meaning set forth in Section 9.10.

  • Arbitration Act means the Arbitration and Conciliation Act, 1996 and shall include any amendment to or any re-enactment thereof as in force from time to time.

  • Arbitrable Dispute means any dispute arising under or in connection with this Agreement.

  • Arbitration Rules means the AAA’s Commercial Arbitration Rules and Mediation Procedures.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Arbitration Tribunal means an organ composed of an odd number of persons known as arbitrators, who decide on the solution of a conflict in which the parties have expressly waived recourse to the ordinary civil courts

  • Expedited Dispute Timetable means the accelerated timetable for the resolution of disputes as set out in paragraph 2.6;

  • Mediation Rules As defined in Section 2.03(h)(i).

  • JAMS means JAMS, Inc. or its successor entity, a judicial arbitration and mediation service.

  • Arbitration Award shall have the meaning given such term in Section 22.5.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • AAA Rules has the meaning set forth in Section 11.2.

  • Arbitration Panel shall have the meaning set forth in Section 3 hereof.

  • ICC Rules means the Rules of Arbitration of the International Chamber of Commerce in effect on the date the applicable arbitration proceeding begins.

  • Arbitration organization means an association, agency, board, commission, or other entity that is neutral and initiates, sponsors, or administers an arbitration proceeding or is involved in the appointment of an arbitrator.

  • Dispute Resolution Process means the process described in clause 9

  • Dispute Resolution Scheme means the Electricity and Gas Complaints Commission or such other dispute resolution scheme approved or provided for in accordance with section 95 of the Act;

  • Arbitration Request shall have the meaning set forth in Section 7.3(a).