Common use of Right to Reject Arbitration Provision Clause in Contracts

Right to Reject Arbitration Provision. If you do not wish to arbitrate, you have 30 days to reject this arbitration provision by sending a rejection notice to the Notice Address above by certified mail ("Rejection Notice"). To be valid, a Rejection Notice must: (a) include your name, account number, and a statement that you are rejecting the arbitration provision in this Agreement; and (b) (i) for new account holders, be received by us within 30 days after the opening of your account; or (ii) for existing account holders, be received by us within 30 days after the receipt of the Account Agreement as amended to include "Dispute Resolution by Binding Arbitration". If your Rejection Notice complies with these requirements, this arbitration provision will not apply to you with respect to any claims that you or we commence in litigation or arbitration after we receive your Rejection Notice. Rejecting this arbitration provision will not affect your other rights or responsibilities under this Agreement. Nor will it affect any other arbitration agreements between us.

Right to Reject Arbitration Provision. If you do not wish to arbitrate, you have 30 calendar days to reject this arbitration provision by sending a rejection notice to the Notice Address above by certified mail ("“Rejection Notice"”). To be valid, a Rejection Notice must: (a) include your name, account Account number, and a statement that you are rejecting the arbitration provision in this Agreement; and (b) (i) for new account holders, be received by us within 30 calendar days after the opening of your account; Account. If an arbitration provision has been added for the first time to the agreement for an existing Account, your Rejection Notice must be postmarked on or (ii) for existing account holders, be received by us within 30 days after before the receipt effective date of the Account Agreement as amended to include "Dispute Resolution by Binding Arbitration"that amendment. If your Rejection Notice complies with these requirements, this arbitration provision will not apply to you with respect to any claims that you or we commence in litigation or arbitration after we receive your Rejection Notice. Rejecting this arbitration provision will not affect your other rights or responsibilities under this Agreement. Nor will it affect any other arbitration agreements between you and us, such as arbitration provisions in other contracts between you and us.