Arbitration Action definition

Arbitration Action has the meaning set forth in ‎Section 13.05(b).
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Arbitration Action means the arbitration proceeding captioned Mortgage Guaranty Insurance Corporation v. Countrywide Home Loans, Inc., et al., American Arbitration Association, Case No. 51 148 Y 00398 10.
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Arbitration Action is defined in Section 12.9 (Jurisdiction; Venue; Service of Process).
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Examples of Arbitration Action in a sentence

  • To the extent that the Litigation Action and the Arbitration Action are dismissed with prejudice with respect to certain Covered Loans, such Covered Loans shall be subject to the ADR Procedure as and to the extent set forth in Section 11(b) and any Dispute with respect to such Covered Loans shall be resolved as and to the extent set forth in Section 11(c).

  • The Parties agree that they are solely responsible for their own attorneys’ fees, costs and expenses incurred in connection with the Mortgage Insurance Dispute, the Arbitration Action, the Litigation Action or dispute resolution pursuant to Section 11 (except as expressly provided otherwise in Section 11) and the execution, delivery and implementation of this Settlement Agreement.

  • As between Sublandlord and Subtenant, any controversy or claim arising out of or relating to this Sublease or any agreements or instruments relating hereto or delivered in connection herewith, including but not limited to a claim based on or arising from an alleged tort will, at the request of any party, be determined by arbitration in accordance with the Federal Arbitration Action (9 U.S.C. Section 1 et.

  • On and after the CHL/GSE/PLS Signing Date, Section 6(c) (Stay of Arbitration Action) applies to the CHL/GSE/PLS Loans.

  • As soon as practicable after an Other Consent has been obtained (or on such later date as MGIC shall agree), each of CHL and Servicer shall take all necessary steps to dismiss the Arbitration Action with prejudice as to the Countrywide PLS Loans and Third Party PLS/Other Loans with respect to which such Other Consent has been obtained, and such dismissal shall be substantially in the form of Stipulation and Order of Dismissal on Exhibit J.

  • If the Required Consents are not obtained within the time specified in Section 4(a), there shall be no dismissals of the Litigation Action or the Arbitration Action pursuant to this Settlement Agreement, and this Settlement Agreement may be terminated as provided in Section 4(b).

  • Xxxxxxx have asserted claims against Compec in a proceeding at the American Arbitration Association, A.A.A No. 16 160 00109 2 (the "Arbitration Action") and Compec has asserted counterclaims against the Stockholders Representative and Xxxxxxx X.

  • Landlord and Tenant hereby agree that no claims or disputes between Landlord and Tenant arising out or relating to the Lease or a breach thereof shall be decided by any arbitration proceeding including, without limitation, any proceeding under the Federal Arbitration Action (9 U.S.C. Sections 1-14), or any applicable state arbitration statute.

  • Upon the Signing Date, each of the Parties will take any necessary steps to stay the Arbitration Action through the earlier of (i) eight (8) months after the Signing Date or such longer period as the Parties may agree, to the extent that any part of the Arbitration Action is not earlier dismissed with prejudice pursuant to Section 6(d) or 6(e), and (ii) the termination of this Agreement.

  • Upon the Signing Date, each of the Parties will take any necessary steps to stay the Arbitration Action through the earlier of (i) the expiration of the time period set forth in Section 5 for obtaining Other Consent, to the extent that any part of the Arbitration Action is not earlier dismissed with prejudice pursuant to Section 6(d) and/or the MGIC/BANA Settlement Agreement, and (ii) the termination of this Agreement.

Related to Arbitration Action

  • Arbitration means any arbitration whether or not administered by a permanent arbitral institution;

  • Arbitration Tribunal means an organ composed of an odd number of persons known as arbitrators, who decide on the solution of a conflict in which the parties have expressly waived recourse to the ordinary civil courts

  • Arbitration Act means the Arbitration and Conciliation Act, 1996 and shall include any amendment to or any re-enactment thereof as in force from time to time.

  • dispute resolution proceeding ’ means any process in which an alternative means of dispute resolution is used to resolve an issue in controversy in which a neutral is appointed and specified parties participate;

  • Arbitration Board has the meaning set forth in Section 9.10.

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Arbitration Panel shall have the meaning set forth in Section 3 hereof.

  • Arbitration Award shall have the meaning given such term in Section 22.5.

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • Compulsory arbitration means the procedure whereby parties involved in a labor dispute

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Dispute Resolution Process means the process described in clause 9

  • Arbitrable Dispute means any dispute arising under or in connection with this Agreement.

  • Notice of Arbitration means the formal notice from the CONTRACTOR or the CUSTOMER to the other party referring a dispute to arbitration in accordance with the provisions of Schedule 2-9.

  • Agreement Disputes shall have the meaning set forth in Section 6.1.

  • Hearing means an oral hearing and includes a hearing conducted in whole or in part by video link, telephone or other means of instantaneous two-way electronic communication;

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • arbitration agreement means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not;

  • Arbitration organization means an association, agency, board, commission, or other entity that is neutral and initiates, sponsors, or administers an arbitration proceeding or is involved in the appointment of an arbitrator.