Common use of UNLESS THE PARTIES HAVE ELECTED Clause in Contracts

UNLESS THE PARTIES HAVE ELECTED. ON THE MASTER AGREEMENT NOT TO MAKE THIS SECTION 16.6 APPLICABLE TO THIS CONTRACT, THE PARTIES MAY WAIVE TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY SUIT, ACTION OR PROCEEDING RELATING TO THIS CONTRACT.