This arbitration agreement is executed contemporaneously with, and as an Inducement and consideration for, an Installment or sales contract for the purchase of a manufactured home. It provides that all claims or disputes arising out of or relating in any way to the sale, purchase, or occupancy of manufactured home resolved by binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. This Agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process. The parties waive any right to a court trial.
Arbitrage Definition And Synonyms In Michigan
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Multi-State
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US-00416-1
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The act of buying and selling goods simultaneously in different markets to gain an immediate profit. Impressive, but tricky.Arbitrage describes the practice of buying and selling an asset in order to profit from a difference in the asset's price between markets. Arbitrage is the simultaneous purchase and sale of an asset in order to take advantage of a difference in price. In the meantime, the Issuer suffers the Negative Arbitrage. Negative Covenant: a contractual provision in an Indenture, Credit.