Common use of REFERRAL TO BINDING ARBITRATION Clause in Contracts

REFERRAL TO BINDING ARBITRATION. Each Party shall have the right, but not the obligation, to refer any Dispute for final resolution by binding arbitration in accordance with the American Arbitration Association (the "Association") Rules for Arbitration of business disputes (the "ARBITRATION RULES").

REFERRAL TO BINDING ARBITRATION. Each Party shall have the right, but not the obligation, to refer any Dispute for final resolution by binding arbitration in accordance with the American Arbitration Association (the "Association") Rules for Arbitration of business disputes (the "ARBITRATION RULESArbitration Rules").

REFERRAL TO BINDING ARBITRATION. Each In the event the Parties fail to reach a settlement of the Dispute pursuant to settlement discussions in accordance with Section 17.2.2, each Party shall have the right, but not the obligation, to refer any such Dispute for final resolution by binding arbitration in accordance with the commercial arbitration rules (the "Arbitration Rules") of the American Arbitration Association (the "Arbitration Association") Rules for Arbitration of business disputes (the "ARBITRATION RULES").