Common use of Survival of Arbitration Agreement Clause in Contracts

Survival of Arbitration Agreement. This arbitration agreement will survive and continue in full force and effect notwithstanding cancellation, termination, amendment, payment in full, discharge in bankruptcy, or other expiration or conclusion of the Contract or any other contract or transaction between the Parties, unless otherwise agreed in writing. In addition, Buyer understands and acknowledges that the rights and responsibilities afforded to Seller under this arbitration agreement survive any assignment of the Contract by Seller and that Seller and/or the Seller’s assignee can enforce this arbitration agreement in the event a Dispute arises after the assignment of the Contract.

Survival of Arbitration Agreement. This arbitration agreement will survive and continue in full force and effect notwithstanding cancellation, termination, amendment, payment in full, discharge in bankruptcy, or other expiration or conclusion of the Contract or any other contract or transaction between the Parties, unless otherwise agreed in writing. In addition, Buyer Xxxxx understands and acknowledges that the rights and responsibilities afforded to Seller under this arbitration agreement survive any assignment of the Contract by Seller and that Seller and/or the Seller’s assignee can enforce this arbitration agreement in the event a Dispute arises after the assignment of the Contract.