Common use of Binding Individual Arbitration Clause in Contracts

Binding Individual Arbitration. Subject to the terms of this section, Claims may only be adjudicated by binding individual arbitration conducted by National Arbitration and Mediation (“NAM”), ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇, according to the Federal Arbitration Act, 9 U.S.C. § 1, et seq., (“FAA”) and NAM’s Comprehensive Dispute Resolution Rules and Procedures in effect at the time the Claim arose (“Rules”), as modified by these Terms. These Terms affect interstate commerce, and the enforceability of this section 16 will be substantively and procedurally governed by the FAA to the extent permitted by law. As limited by the FAA, these Terms, and the Rules, the arbitrator will have exclusive authority to make all procedural and substantive decisions regarding any Claim and to grant any remedy or relief that would otherwise be available in court, including the power to determine the question of arbitrability. To the fullest extent allowed by applicable law, the arbitrator may only award legal or equitable remedies that are individual to you or WeTransfer to satisfy one of our individual Claims (that the arbitrator determines are supported by credible relevant evidence).