ARBITRATION AND WAIVER OF CLASS ACTION. I acknowledge and agree that, to the extent permitted by applicable law, all claims and disputes relating to the terms and conditions of this Agreement with the University are to be settled by binding arbitration in the State of New York. Unless the parties mutually agree otherwise in writing, such arbitration shall be submitted to a single arbitrator, with the arbitration to be held in the City of Buffalo, New York and administered by the American Arbitration Association, in accordance with its rules that are in effect on the date a demand for arbitration is made by either party. Demand for arbitration shall be made in writing, delivered to the other party, and filed with the person or entity administering the arbitration. The award rendered by the arbitrator or arbitrators shall be final, and judgment may be entered upon it in accordance with applicable law in any court having jurisdiction thereof. To the extent permitted by applicable law, I further acknowledge and agree that: (i) any claim or dispute regarding this agreement shall be deemed personal in nature and shall only be conducted as an individual arbitration and not as a class action or other form of representative action; (ii) I expressly waive any right to file or participate in a class action or seek relief on a class or representative basis; and (iii) the arbitrator may only conduct an individual arbitration, may not consolidate more than one individual’s claims, and may not preside over any form of representative or class proceeding relating to such claims.
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Samples: Student Financial Responsibility Agreement, Student Financial Responsibility Agreement, Student Financial Responsibility Agreement
