Common use of Binding Individual Arbitration Clause in Contracts

Binding Individual Arbitration. You and Baroda M CLIP wallet agree to arbitrate all Disputes. ANY ARBITRATION UNDER THIS AGREEMENT WILL ONLY BE ON A INDIVIDUAL BASIS; If any provision of this arbitration agreement is found unenforceable, the unenforceable provision shall be removed, and the remaining arbitration terms shall be enforced. All Disputes shall be resolved finally and exclusively by binding individual arbitration with a single arbitrator appointed by Baroda M CLIP wallet according to this provision and the applicable arbitration rules for that forum. All arbitration hearing will occur in Mumbai, India, or another mutually agreeable location, or a location ordered by the arbitrator. The arbitrator’s award shall be binding on the parties and may be entered as a judgment in any court of competent jurisdiction. For purposes of this arbitration provision, references to you and Baroda M CLIP wallet also include respective subsidiaries, affiliates, agents, employees, predecessors, successors and assigns as well as authorized users or beneficiaries of Baroda M CLIP wallet services.