Common use of Termination of Arbitration Clause in Contracts

Termination of Arbitration. The Parties shall promptly file with the American Arbitration Association a Stipulation of Discontinuance in the form of Exhibit A hereto and shall take any other steps necessary to terminate the Arbitration, with prejudice. For the avoidance of doubt, aside from Centerline’s payment of the Fees and Costs pursuant to Paragraph 1 above, Citizens shall bear its own fees and costs with respect to the Arbitration.

Appears in 4 contracts

Samples: Waiver and Other Agreements (Centerline Holding Co), Waiver and Other Agreements (Centerline Holding Co), Settlement Agreement (Centerline Holding Co)

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Termination of Arbitration. The Parties shall promptly file with the American Arbitration Association a Stipulation of Discontinuance in the form of Exhibit A hereto and shall take any other steps necessary to terminate the Arbitration, with prejudice. For the avoidance of doubt, aside from Centerline’s payment of the Fees prejudice and Costs pursuant without fees or costs to Paragraph 1 above, Citizens shall bear its own fees and costs with respect to the Arbitrationany Party.

Appears in 1 contract

Samples: Settlement Agreement (Centerline Holding Co)

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