Common use of Expedited Binding Arbitration Clause in Contracts

Expedited Binding Arbitration. The Parties agree that there shall be expedited arbitration pursuant to this Article 14 to be completed in not more than ninety (90) days where there is a genuine issue with respect to the following events: (i) if AMIT or LMGC is enjoined pursuant to a temporary injunction of the Ontario Court (General Division) or the Federal Court of Canada or any other Court in the World; (ii) if LMGC fails to pay the amounts due under Article 6; (iii) if LMGC uses or licenses the use of the AMIT Know How outside the Territory contrary to Articles 2 or 3; (iv) if AMIT uses or licenses the use of the AMIT Know How and/or the Programme inside the Territory contrary to Article 2; or (v) if the Related Agreements are or one of them is terminated by any of the parties thereto.

Appears in 1 contract

Samples: License Agreement (Loyalty Ventures Inc.)

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Expedited Binding Arbitration. The Parties agree that there shall be expedited arbitration pursuant to this Article 14 19 to be completed in not more than ninety (90) days where there is a genuine issue with respect to the following events: (ia) if AMIT AMIH or LMGC is enjoined pursuant to a temporary injunction of the Ontario Court (General Division) or the Federal Court of Canada or any other Court in the World; (iib) if LMGC fails to pay the amounts due under Article 68; (iiic) if LMGC uses or licenses the use of the AMIT Know How AMIH Marks outside the Territory contrary to Articles 2 or 3; (ivd) if AMIT AMIH uses or licenses the use of the AMIT Know How and/or the Programme AMIH Marks inside the Territory contrary to Article 2Articles 2 or 3; or (ve) if the Related Agreements are or one of them is terminated by any of the parties thereto.

Appears in 1 contract

Samples: License Agreement (Loyalty Ventures Inc.)

Expedited Binding Arbitration. The Parties agree that there shall be expedited arbitration pursuant to this Article 14 19 to be completed in not more than ninety (90) days where there is a genuine issue with respect to the following events: : (i) if AMIT or LMGC is enjoined pursuant to a temporary injunction of the Ontario Court (General Division) or the Federal Court of Canada or any other Court in the World; ; (ii) if LMGC fails to pay the amounts due under Article 6; ; (iii) if LMGC uses or licenses the use of the AMIT Know How outside the Territory contrary to Articles 2 or 3; ; (iv) if AMIT uses or licenses the use of the AMIT Know How and/or the Programme inside the Territory contrary to Article 2; or or (v) if the Related Agreements are or one of them is terminated by any of the parties thereto.

Appears in 1 contract

Samples: License Agreement (Alliance Data Systems Corp)

Expedited Binding Arbitration. The Parties agree that there shall be expedited arbitration pursuant to this Article 14 19 to be completed in not more than ninety (90) days where there is a genuine issue with respect to the following events: : (i) if AMIT AMIH or LMGC is enjoined pursuant to a temporary injunction of the Ontario Court (General Division) or the Federal Court of Canada or any other Court in the World; ; (ii) if LMGC fails to pay the amounts due under Article 6; 8; (iii) if LMGC uses or licenses the use of the AMIT Know How AMIH Marks outside the Territory contrary to Articles 2 or 3; ; (iv) if AMIT AMIH uses or licenses the use of the AMIT Know How and/or the Programme AMIH Marks inside the Territory contrary to Article 2Articles 2 or 3; or or (v) if the Related Agreements are or one of them is terminated by any of the parties thereto.

Appears in 1 contract

Samples: License Agreement (Alliance Data Systems Corp)

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Expedited Binding Arbitration. The Parties agree that there shall be expedited arbitration pursuant to this Article 14 19 to be completed in not more than ninety (90) days where there is a genuine issue with respect to the following events: : (i) if AMIT AMIH or LMGC is enjoined pursuant to a temporary injunction of the Ontario Court (General Division) or the Federal Court of Canada or any other Court in the World; ; (ii) if LMGC fails to pay the amounts due under Article 6; 8; (iii) if LMGC uses or licenses the use of the AMIT Know How AMIH Marks outside the Territory contrary to Articles 2 or 3; ; (iv) if AMIT AMIH uses or licenses the use of the AMIT Know How and/or the Programme AMIH Marks inside the Territory contrary to Article 2Articles 2 or 3; or or (v) if the Related Agreements are or one of them is terminated by any of the parties thereto. 20.1 Name, Captions‌

Appears in 1 contract

Samples: License Agreement

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