Common use of Waiver and Acknowledgment Clause in Contracts

Waiver and Acknowledgment. By agreeing to this binding arbitration provision, the Parties understand that they are waiving certain rights and protections which may otherwise be available if a Claim between the Parties were determined by litigation in court, including, without limitation, the right to seek or obtain certain types of damages precluded by this provision, the right to a jury trial, certain rights of appeal, and a right to invoke formal rules of procedure and evidence.

Waiver and Acknowledgment. By agreeing to this binding arbitration provision, the Parties parties understand that they are waiving certain rights and protections which may otherwise be available if a Disputed Claim between the Parties parties were determined by litigation in court, including, without limitation, the right to seek or obtain certain types of damages precluded by this provision, the right to a jury trial, certain rights of appeal, and a right to invoke formal rules of procedure and evidence.

Waiver and Acknowledgment. By agreeing to this binding arbitration provision, the Parties parties understand that they are waiving certain rights and protections which may otherwise be available if a Claim between the Parties parties were determined by litigation in court, including, without limitation, the right to seek or obtain certain types of damages precluded by this provision, the right to a jury trial, certain rights of appeal, and a right to invoke formal rules of procedure and evidence.