A “submission agreement” (also called an “agreement to arbitrate”) is a written agreement between two parties that establishes the use of arbitration to settle a dispute (or any and all disputes) that may arise between them.
Submission clause means the language which is attached to the title to form a question which can be answered by "yes" or "no". Sample 1Sample 2Sample 3. Based on 13 documents. 13. Submission clause means the language that is attached to the title to form a question that can be answered by "yes" or "no".
Submission Agreement: The Submission Agreement lists the parties in the arbitration case and confirms that FINRA will administer it. It also establishes that, if the case ends with a hearing, the parties all agree to abide by the arbitrators' decisions.
A submission agreement will contain details of the dispute and the issues between the parties, and record that it is being referred to arbitration. It will then contain the same essential details as an arbitration clause, such as the legal seat and number of arbitrators.
1 Use plain language. 2 Define key terms. 3 Structure your clauses logically. 4 Be specific and precise. 5 Use examples and scenarios. 6 Review and revise your clauses. 7 Here's what else to consider.
(1) In this Part, "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.
Each “whereas” clause should begin with that word in bold and all caps, followed by a comma, followed by a finding or declaration of fact, followed by a semicolon, followed by either “AND” (if LastupdatedAugust2017 Page 2 Page2 there are more “whereas” clauses after the current one) or “NOW BE IT THEREFORE” ...
What are some tips for writing easy-to-understand contract... Use plain language. Define key terms. Structure your clauses logically. Be specific and precise. Use examples and scenarios. Review and revise your clauses. Here's what else to consider.
Rule 1.110(303.3) 'Whereas' clause of contract is prefatory, not binding.