Sending Notice of Dispute. If either you or the Lender intend to seek arbitration, then you or the Lender must first send to the other by certified mail, return receipt requested, a written Notice of Dispute. The Notice of Dispute to the Lender should be addressed to: Xxxxxx X. Xxxxx, President, at International Bancshares Corporation, X.X. Xxxxxx 0000, Xxxxxx, Xxxxx 00000-0000 or if by email, xxxxxxxxxxx@xxx.xxx (special email address to be provided by IBC). The Notice of Dispute must (a) describe the nature and basis of the claim or dispute; and (b) explain specifically what relief is sought. You may download a copy of the Notice of Dispute at xxx.xxx.xxx or you may obtain a copy from your account officer or branch manager.
Sending Notice of Dispute. If either you or the Bank intend to seek arbitration, then you or the Bank must first send to the other by certified mail, return receipt requested, a written Notice of Dispute. The Notice of Dispute to the Bank should be addressed to: Xxxxxx X. Xxxxx, President, at International Bancshares Corporation, P.O. Drawer 1359, Laredo, Texas 78042-1359 or if by email, xxxxxxxxxxx@xxx.xxx. The Notice of Dispute must (a) describe the nature and basis of the claim or dispute; and (b) explain specifically what relief is sought. You may download a copy of the Notice of Dispute at xxx.xxx.xxx or you may obtain a copy from your account officer or branch manager.
Sending Notice of Dispute. If any PARTY intends to seek arbitration, they must first send to the other by certified mail, return receipt requested, a written Notice of Dispute. The Notice of Dispute to the Lender should be addressed as follows: (a) Xxxxx Xxxxxx, Executive Vice-President and General Counsel, Bank 7, 0000 X.X. 00xx Xxxxxx, Xxxxxxxx Xxxx, XX 00000, or if by e-mail to Xxxxx.Xxxxxx@xxxx0.xxx; with a copy to Xxxxx Xxxxxx, Xxxxxx and Xxxxxx, PLLC, X.X. Xxx 000, Xxxxxxxx Xxxx, XX 00000, or if by e-mail to xxxxxxx@xxxxxxxx.xxx. The Notice of Dispute to the PARTIES shall be sent to the Notice Address designated in the Loan Agreement. The Notice of Dispute must (a) describe the nature and basis of the claim or dispute; and (b) explain specifically what relief is sought.
Sending Notice of Dispute. If either Borrowers or Lender intends to seek arbitration, then Borrowers or Lender must first send to the other by certified mail, return receipt requested, a written Notice of Dispute. The Notice of Dispute to Lender should be addressed to: Xxxxxx X. Xxxxx, President, at International Bancshares Corporation, X.X. Xxxxxx 0000, Xxxxxx, Xxxxx 00000-0000 or if by email, xxxxxxxxxxx@xxx.xxx (special email address to be provided by IBC). The Notice of Dispute must (A) describe the nature and basis of the claim or dispute; and (B) explain specifically what relief is sought. Borrowers may download a copy of the Notice of Dispute at xxx.xxx.xxx or may obtain a copy from its account officer or branch manager. (iii) If the Dispute is not Informally Resolved. If Borrowers and Lender do not reach an agreement to resolve the claim or dispute within thirty (30) days after the Notice of Dispute is received, Borrowers or Lender may commence a binding arbitration proceeding. During the binding arbitration proceeding, any settlement offers made by Borrowers or Lender shall not be disclosed to the Arbitrator. (iv) “DISPUTE(S)”. As used herein, the word “Dispute(s)” includes any and all controversies or claims between the parties of whatever type or manner, including without limitation, any and all claims arising out of or relating to this Agreement or the other Loan Documents, compliance with applicable laws and/or regulations, any and all services or products provided by Lender, any and all past, present and/or future loans, lines of credit, letters of credit, credit facilities or other form of indebtedness and/or agreements involving the parties, any and all transactions between or involving the parties, and/or any and all aspects of any past or present relationship of the parties, whether banking or otherwise, specifically including but not limited to any claim founded in contract, tort, fraud, fraudulent inducement, misrepresentation or otherwise, whether based on statute, regulation, common law or equity. (v) “CONSUMER DISPUTE” and “BUSINESS DISPUTE”. As used herein, “Consumer Dispute” means a Dispute relating to an account (including a deposit account), agreement, extension of credit, loan, service or product provided by Lender that is primarily for personal, family or household purposes. “Business Dispute” means any Dispute that is not a Consumer Dispute. 18 (vi) “PARTIES” or “PARTY”. As used in these Arbitration Provisions, the term “parties” or “party” means Lender...
