Common use of Arbitration Disputes Clause in Contracts

Arbitration Disputes. Any dispute, controversy or breach arising out of or related to this Agreement, shall be settled by arbitration to be held in the City of Miami, Dade County, Florida before a single arbitrator in accordance with the rules then in effect of the American Arbitration Association or any successor thereto. The arbitrator may impose damages, grant injunctions or grant other relief in such dispute or controversy. The decision of the arbitrator shall be final, conclusive, and binding on the parties to the arbitration. Judgement may be entered on the arbitrator's decision in any court having jurisdiction, and the parties irrevocably consent to the jurisdiction of the Florida courts for this purpose. In such arbitration, the parties waive personal service of any process or other papers and agree that service thereof may be made in accordance with the notice provisions of this Agreement. The non-prevailing party, including any appeal thereof, with the proviso, however, that each party shall pay one-half of the fees separately charged by the arbitrator.

Appears in 2 contracts

Samples: Agreement This Agreement (Latin American Casinos Inc), Agreement This Agreement (Latin American Casinos Inc)

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Arbitration Disputes. Any dispute, controversy or breach arising out of or related to this Agreement, shall be settled by arbitration to be held in the City of Miami, Dade County, Florida before a single arbitrator in accordance with the rules then in effect of the American Arbitration Association or any successor thereto. The arbitrator may impose damages, grant injunctions or grant other relief in such dispute or controversy. The decision of the arbitrator shall be final, conclusive, and binding on the parties to the arbitration. Judgement may be entered on the arbitrator's decision in any court having jurisdiction, and the parties irrevocably consent to the jurisdiction of the Florida FLORIDA courts for this purpose. In such arbitration, the parties waive personal service of any process or other papers and agree that service thereof may be made in accordance with the notice provisions of this Agreement. The non-prevailing party, including any appeal thereof, with the proviso, however, that each party shall pay one-half of the fees separately charged by the arbitrator.

Appears in 2 contracts

Samples: 8 Agreement (Latin American Casinos Inc), 9 Agreement (Latin American Casinos Inc)

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