Common use of No Class Action Clause in Contracts

No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by an arbitration panel pursuant to Section 15.16 as a class action, or consolidated with any other Claims and the arbitrators or arbitration panel shall have no authority to consolidate claims or certify a class of Claims. Each Member expressly waives any right such Member may have to submit or consolidate his, her or its Claim with those of other Members and shall be limited to submitting such Member’s individual claim to arbitration. No arbitrator or arbitration panel shall have the power or authority to interpret the legality or enforceability of this Section 15.16 and any such dispute regarding the applicability, legality or enforceability of this Section 15.16 shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Sections 15.14 and 15.15. If this Section 15.16 is found by a court of law to be invalid or enforceable under any law or statute, then the entirety of Section 15.16 shall be null and void with respect to any Claims and, thereafter, all Claims shall only be resolved by filing an action in a court of law in accordance with Sections 15.14 and 15.15 hereof. The Parties agree that any arbitration shall be postponed during the pendency of any appeal of a court’s ruling regarding the legality or enforceability of this Section 15.16.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ridgewood Energy Y Fund LLC), Limited Liability Company Agreement (Ridgewood Energy a-1 Fund LLC), Limited Liability Company Agreement (Ridgewood Energy a-1 Fund LLC)

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No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by an any arbitration panel pursuant to this Section 15.16 15.5 as a class action, or consolidated with any other Claims and the arbitrators or arbitration panel shall have no authority to consolidate claims or certify a class of Claims. Each Member Shareholder expressly waives any right such Member it may have to submit or consolidate his, her or its their Claim with those of other Members Shareholders and shall be limited to submitting such Member’s their individual claim to arbitration. No arbitrator or arbitration panel shall have the power or authority to interpret the legality or enforceability of this Section 15.16 15.5 (b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.16 15.5(b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Sections 15.14 and 15.15Section 15.4. If this Section 15.16 15.5(b) is found by a court of law to be invalid or enforceable unenforceable under any law or statute, then the entirety of Section 15.16 15.5 shall be null and void with respect to any Claims and, thereafter, all Claims shall only be resolved by filing an action in a court of law in accordance with Sections 15.14 and 15.15 hereof. The Parties agree that any arbitration shall be postponed during the pendency of any appeal of a court’s ruling regarding the legality or enforceability of this Section 15.16.15.4

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Ridgewood Energy Q Fund LLC), Operating Agreement Limited Liability Company Agreement (Ridgewood Energy P Fund LLC), Limited Liability Company Agreement (Ridgewood Energy O Fund LLC)

No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by an arbitration panel pursuant to the Section 15.16 as a class action, or consolidated with any other Claims and the arbitrators or arbitration panel shall have no authority to consolidate claims or certify a class of Claims. Each Member expressly waives any right such Member it may have to submit or consolidate his, her or its their Claim with those of other Members and shall be limited to submitting such Member’s their individual claim to arbitration. No arbitrator or arbitration panel shall have the power or authority to interpret the legality or enforceability of this Section 15.16 and any such dispute regarding the applicability, legality or enforceability of this Section 15.16 shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Sections 15.14 and 15.15. If this Section 15.16 is found by a court of law to be invalid or enforceable under any law or statute, then the entirety of Section 15.16 shall be null and void with respect to any Claims and, thereafter, all Claims shall only be resolved by filing an action in a court of law in accordance with Sections 15.14 and 15.15 hereof. The Parties agree that any arbitration shall be postponed during the pendency of any appeal of a court’s ruling regarding the legality or enforceability of this Section 15.16.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ridgewood Energy W Fund LLC), Limited Liability Company Agreement (Ridgewood Energy W Fund LLC)

No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by an arbitration panel pursuant to Section 15.16 as a class action, or consolidated with any other Claims and the arbitrators or arbitration panel shall have no authority to consolidate claims or certify a class of Claims. Each Member expressly waives any right such Member it may have to submit or consolidate his, her or its Claim with those of other Members and shall be limited to submitting such Member’s its individual claim Claim to arbitration. No arbitrator or arbitration panel shall have the power or authority to interpret the legality or enforceability of this Section 15.16 and any such dispute regarding the applicability, legality or enforceability of this Section 15.16 shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Sections 15.14 and 15.15. If this Section 15.16 is found by a court of law to be invalid or enforceable under any law or statute, then the entirety of Section 15.16 shall be null and void with respect to any Claims and, thereafter, all Claims shall only be resolved by filing an action in a court of law in accordance with Sections 15.14 and 15.15 hereof. The Parties agree that any arbitration shall be postponed during the pendency of any appeal of a court’s ruling regarding the legality or enforceability of this Section 15.16.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC), Limited Liability Company Agreement (Ridgewood Energy X Fund, LLC)

No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by an any arbitration panel pursuant to this Section 15.16 15.5 as a class action, or consolidated with any other Claims and the arbitrators or arbitration panel shall have no authority to consolidate claims or certify a class of Claims. Each Member Shareholder expressly waives any right such Member it may have to submit or consolidate his, her or its their Claim with those of other Members Shareholders and shall be limited to submitting such Member’s their individual claim to arbitration. No arbitrator or arbitration panel shall have the power or authority to interpret the legality or enforceability of this Section 15.16 15.5(b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.16 15.5 (b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Sections 15.14 and 15.15Section 15.4. If this Section 15.16 15.5 (b) is found by a court of law to be invalid or enforceable unenforceable under any law or statute, then the entirety of Section 15.16 15.5 shall be null and void with respect to any Claims and, thereafter, all Claims shall only be resolved by filing an action in a court of law in accordance with Sections 15.14 and 15.15 Section 15.4 hereof. The Parties agree that any arbitration shall be postponed during the pendency of any appeal of a court’s 's ruling regarding the legality or enforceability of this Section 15.1615.5(b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ridgewood Energy U Fund LLC)

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No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by an any arbitration panel pursuant to this Section 15.16 15.5 as a class action, or consolidated with any other Claims and the arbitrators or arbitration panel shall have no authority to consolidate claims or certify a class of Claims. Each Member Shareholder expressly waives any right such Member it may have to submit or consolidate his, her or its their Claim with those of other Members Shareholders and shall be limited to submitting such Member’s their individual claim to arbitration. No arbitrator or arbitration panel shall have the power or authority to interpret the legality or enforceability of this Section 15.16 15.5 (b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.16 15.5 (b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Sections 15.14 and 15.15Section 15.4. If this Section 15.16 15.5(b) is found by a court of law to be invalid or enforceable unenforceable under any law or statute, then the entirety of Section 15.16 15.5 shall be null and void with respect to any Claims and, thereafter, all Claims shall only be resolved by filing an action in a court of law in accordance with Sections 15.14 and 15.15 Section 15.4 hereof. The Parties agree that any arbitration shall be postponed during the pendency pendenacy of any appeal of a court’s 's ruling regarding the legality or enforceability of this Section 15.1615.5(b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ridgewood Energy S Fund LLC)

No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by an any arbitration panel pursuant to this Section 15.16 15.5 as a class action, or consolidated with any other Claims and the arbitrators or arbitration panel shall have no authority to consolidate claims or certify a class of Claims. Each Member Shareholder expressly waives any right such Member it may have to submit or consolidate his, her or its their Claim with those of other Members Shareholders and shall be limited to submitting such Member’s their individual claim to arbitration. No arbitrator or arbitration panel shall have the power or authority to interpret the legality or enforceability of this Section 15.16 15.5(b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.16 15.5(b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Sections 15.14 and 15.15Section 15.4. If this Section 15.16 15.5(b) is found by a court of law to be invalid or enforceable unenforceable under any law or statute, then the entirety of Section 15.16 15.5 shall be null and void with respect to any Claims and, thereafter, all Claims shall only be resolved by filing an action in a court of law in accordance with Sections 15.14 and 15.15 Section 15.4 hereof. The Parties agree that any arbitration shall be postponed during the pendency pendenacy of any appeal of a court’s ruling regarding the legality or enforceability of this Section 15.1615.5(b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC)

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