Commitment to Arbitration Clause Samples

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Commitment to Arbitration. The Parties agree that any dispute arising under this Agreement that cannot be resolved amicably by informal efforts will be finally resolved by binding arbitration administered by JAMS under its general arbitration rules and procedures then in effect. The arbitration will be conducted by a single arbitrator, chosen by mutual agreement of the Parties, who is knowledgeable regarding the subject matter of the dispute. If the Parties are unable to agree upon the selection of the arbitrator within ten (10) days following one Party’s request for arbitration, the arbitrator will be chosen by JAMS. The Parties agree that the arbitration shall be conducted in Austin, Texas or another location mutually agreed in writing. The arbitrator will have the authority to order discovery, but depositions, interrogatories and discovery will otherwise be limited as reasonably determined by the arbitrator. The arbitrator will base his or her decision solely on applicable law and will provide a written statement of all findings of fact and law. The arbitrator will have the authority to award monetary direct damages consistent with this Agreement, subject to applicable exclusions of remedies and limitations of liability set forth in this Agreement. The arbitrator shall not have the authority to modify any provision of this Agreement or to award punitive damages. The arbitrator may order injunctive relief to stop or prevent any breach. The Parties shall equally share the fees charged by the arbitrator and JAMS, but they shall otherwise bear their own expenses incurred in connection with conducting the arbitration and related discovery. The decision rendered by the arbitrator will be final and binding on the Parties. Enforcement of the arbitrator’s judgment may be sought in any court of competent jurisdiction.
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Commitment to Arbitration. All issues not settled in mediation shall be arbitrated by the mediator/arbitrator who will then act as sole arbitrator. Any arbitration decision rendered shall be final, without appeal and binding on the Parties. The Parties will not object to the ability of the arbitrator to act as such on the basis that she has served as mediator in the process.
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Related to Commitment to Arbitration

  • Consent to Arbitration 17.1 Each Party consents to the submission of a claim to arbitration in accordance with the terms of this Agreement. 17.2 The consent given in Article 17.1 and the submission by a disputing investor of a claim to arbitration shall satisfy the requirement of: (a) Chapter II of the ICSID Convention (Jurisdiction of the Centre) and the Additional Facility Rules for written consent of the parties; and (b) Article II of the New York Convention for an agreement in writing.

  • Agreement to Arbitrate It is understood that any dispute as to medical malpractice, that is as to whether any medical services rendered under this contract were unnecessary or unauthorized or were improperly, negligently, or incompetently rendered, will be determined by submission to arbitration as provided by California law, and nor by a lawsuit or resort to court process except as California law provides for judicial review of arbitration proceedings. Both parties to this contract, by entering it, are giving up their constitutional rights to have any such dispute decided in court of law before a jury, and instead are accepting the rules of arbitration.

  • Agreement to Arbitrate Disputes Either you or we may elect, without the other’s consent, to require that any dispute between us concerning your membership, your deposit accounts (“Accounts”) and the services related to your membership and Accounts, including but not limited to all disputes that you may raise against us, must be resolved by binding arbitration, except for those disputes specifically excluded below.

  • Referral to Arbitration Such notification shall specify the party’s choice of whether it wishes to utilize the regular arbitration procedure or the expedited arbitration procedure, as provided for within this Article. In the event that a grievance is submitted to the regular arbitration process, it shall be heard by a single arbitrator, unless either party requests that it be heard by a three-member arbitration board.

  • CLASS-ARBITRATION WAIVER ARBITRATION IS HANDLED ON AN INDIVIDUAL BASIS. IF A DISPUTE IS ARBITRATED, YOU AND WE EXPRESSLY WAIVE ANY RIGHT TO PARTICIPATE AS A CLASS REPRESENTATIVE OR CLASS MEMBER ON ANY CLASS CLAIM YOU MAY HAVE AGAINST US OR WE AGAINST YOU, OR AS A PRIVATE ATTORNEY GENERAL OR IN ANY OTHER REPRESENTATIVE CAPACITY, TO THE MAXIMUM EXTENT PERMITTED BY LAW. YOU AND WE ALSO WAIVE ANY RIGHT TO CLASS ARBITRATION OR ANY CONSOLIDATION OF INDIVIDUAL ARBITRATIONS.