No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by any arbitration panel pursuant to this Section 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 Shareholder expressly waives any right it may have to submit or consolidate their Claim with those of other Shareholders and shall be limited to submitting 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 15.5 (b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.5(b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Section 15.
Appears in 3 contracts
Samples: LLC Operating Agreement (Ridgewood Energy P Fund LLC), LLC Operating Agreement (Ridgewood Energy O Fund LLC), LLC Operating Agreement (Ridgewood Energy Q Fund LLC)
No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by any arbitration panel pursuant to this Section 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 Shareholder expressly waives any right it may have to submit or consolidate their Claim with those of other Shareholders and shall be limited to submitting 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 15.5 (b15.5(b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.5(b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Section 15.
Appears in 2 contracts
Samples: LLC Operating Agreement (Ridgewood Energy M Fund LLC), LLC Operating Agreement (Ridgewood Energy M Fund LLC)
No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by any arbitration panel pursuant to this Section 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 Shareholder expressly waives any right it may have to submit or consolidate their Claim with those of other Shareholders and shall be limited to submitting 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 15.5 (b15.5(b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.5(b15.5 (b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Section 15.
Appears in 1 contract
Samples: LLC Operating Agreement (Ridgewood Energy U Fund LLC)
No Class Action. The Parties expressly agree that no Claim may be brought or submitted to arbitration or heard by any arbitration panel pursuant to this Section 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 Shareholder expressly waives any right it may have to submit or consolidate their Claim with those of other Shareholders and shall be limited to submitting 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 15.5 (b) and any such dispute regarding the applicability, legality or enforceability of this Section 15.5(b15.5 (b) shall be submitted to and exclusively determined by a court of law in accordance with the requirements of Section 15.
Appears in 1 contract
Samples: LLC Operating Agreement (Ridgewood Energy S Fund LLC)