Common use of Right to Reject Clause in Contracts

Right to Reject. I may reject this Arbitration Agreement by mailing a signed rejection notice to ZuntaFi, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-4104 within 60 days after the date of my Contract. Any rejection notice must include my name, address, teleph number and Contract or account number. I UNDERSTAND THAT IF EITHER CREDITOR OR ME CHOOSES ARBITRATION, NEITHER PARTY WILL HAVE THE RIGHT TO A JU TRIAL, TO ENGAGE IN DISCOVERY, EXCEPT AS PROVIDED IN THE APPLICABLE ARBITRATION RULES. OR OTHERWISE LITIGATE THE DISPUTE OR CLAIM IN ANY COURT (OTHER THAN IN SMALL CLAIMS OR SIMILAR COURT, AS SET FORTH IN T PRECEDING PARAGRAPH, OR IN AN ACTION TO ENFORCE THE ARBITRATOR'S AWARD). FURTHER, I WILL NOT HAVE THE RIG TO PARTICIPATE AS A REPRESENTATIVE OR MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT ARBITRATION. THE ARBITRATOR'S DECISION WILL BE FINAL AND BINDING. OTHER RIGHTS THAT I OR CREDITOR WOULD HA IN COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION. This Arbitration Agreement shall survive full payment of the Contract, your transfer of the Contract, any bankruptcy or insolve proceedings, any forbearance or modification of the Contract and any cancellation of this Contract. If any part of this Arbitration Agreem except for the class action waiver, is found unenforceable by a court, then the specific part shall be severed, but the remainder of the Arbitrat Agreement will continue in full force. If a court finds the class action waiver to be unenforceable, then this Arbitration Agreement will deemed unenforceable. The Arbitration Agreement is void if I am a covered member or dependent under the Military Lending Act.

Right to Reject. I You may reject this Arbitration Agreement by mailing without penalty. To do so, you must send Friendly Finance Corporation, ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ a signed writing (“Rejection Notice”) that is received within thirty (30) days after the date you receive this Arbitration Agreement. The Rejection Notice must identify the transaction involved, must include your name, address, and social security number and must be signed by all persons contractually obligated on your account. The Rejection Notice must be sent by certified mail, return receipt requested. No other methods can be used to reject the Arbitration Agreement. Upon receipt of a rejection notice, we will credit your account for the standard cost of a certified letter. If the Rejection Notice is sent on your behalf by a third party, such third party must include evidence of his or her authority to submit the Rejection Notice on your behalf. In this Arbitration Agreement, “you” refers to the buyer(s) signing below. “We,” “us,” and “our” refer to the Seller/Dealer signing below and anyone to whom the Seller/Dealer assigns this Arbitration Agreement. Unless you have exercised your right to reject this Arbitration Agreement pursuant to paragraph 4 above, any claim, dispute or controversy, whether in contract, tort, equity, statute, constitution or otherwise and whether preexisting, present or future, including initial claims, counterclaims, cross-claims and third party claims (any of the foregoing, a “Claim”), between you and us or our employees, officers, directors, parents, subsidiaries, affiliates, successors or assigns, which arises out of or relates to your credit application, purchase or condition of this vehicle, your purchase or financing contract or any resulting transaction or relationship (including any such relationship with third parties who do not sign your purchase or financing contract if you assert a Claim against such third party in connection with a Claim you assert against us) shall, at your or our election, be resolved by neutral, binding arbitration and not by a court action. “Claim” also includes any dispute or controversy concerning a party’s alleged waiver of arbitration rights; all such disputes or controversies are for an arbitrator and not a court to decide. “Claim” does not include any other dispute or controversy about the validity, enforceability, coverage or scope of this Arbitration Agreement or any part thereof (including, without limitation, the Class Action Waiver in paragraph 2 above, the last sentence of the next-to-last paragraph of this Arbitration Agreement and/or this sentence); all such disputes or controversies are for a court and not an arbitrator to decide. However, any dispute or controversy that concerns the validity or enforceability of the Contract as a whole is for the arbitrator, not a court, to decide. Any claim or dispute is to be arbitrated by a single arbitrator on an individual basis and not as a class action. You expressly waive any right you may have to arbitrate a class action as set forth in the Class Action Waiver in paragraph 2 above. If you or we elect to arbitrate a claim, the electing party must notify the other party in writing. This notice can be given after the beginning of a lawsuit and can be given in papers filed in the lawsuit. Otherwise, your notice must be sent to ZuntaFiFriendly Finance Corporation, ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ and our notice must be sent to the most recent address for you in our files. The party seeking arbitration must select as the arbitration administrator either the American Arbitration Association (“AAA”), ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, ▇▇▇.▇▇▇.▇▇▇, (▇▇▇) ▇▇▇-▇▇▇▇, or JAMS, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇-4104 , ▇▇▇.▇▇▇▇▇▇▇.▇▇▇, (▇▇▇) ▇▇▇-▇▇▇▇. If a party files a lawsuit in court asserting Claim(s) that are subject to arbitration and the other party files a motion to compel arbitration with the court which is granted, it will be the responsibility of the party prosecuting the Claim(s) to commence the arbitration proceeding. Even if a Claim is litigated in court, you or we may elect arbitration with respect to any Claim made by a new party or any Claim later asserted by a party in that or any related or unrelated lawsuit. For example, if we file a lawsuit against you in court to recover amounts due under the Contract, we reserve and do not waive the right to request arbitration of any Claim you later assert against us in that or any related or unrelated lawsuit. If neither the AAA nor JAMS is able or willing to handle the dispute, then the court will appoint an arbitrator. The rules and forms of the AAA and JAMS may be obtained by writing to these organizations at the addresses listed above. The arbitrator will not be bound by judicial rules of procedure and evidence that would apply in a court, nor by state or local laws that relate to arbitration proceedings. The arbitrator will honor statutes of limitation and claims of privilege recognized under applicable law. Arbitrators shall be attorneys with at least 10 years of experience or retired judges and shall be selected pursuant to the applicable rules. Any arbitration under this Arbitration Agreement shall be governed by the Federal Arbitration Act (“FAA”), 9 U.S.C. § 1 et. seq., and not by any state law concerning arbitration. In making decisions or awarding remedies, the arbitrator shall apply governing substantive law, consistent with the FAA, that would apply if the matter had been brought in court. The arbitrator may award any damages or other relief or remedies permitted by applicable law. The arbitrator shall write a brief explanation of the grounds for the decision. The arbitration hearing shall be conducted in the federal district in which you reside unless the seller of the vehicle is a party to the claim or dispute, in which case the hearing will be held in the federal district where this Arbitration Agreement was executed. At your written request, we will pay all filing, hearing and/or other fees charged by the administrator and arbitrator to you for Claim(s) asserted by you in arbitration after you have paid an amount equivalent to the fee, if any, for filing such Claim(s) in state or federal court (whichever is less) in the judicial district in which you reside. (If you have already paid a filing fee for asserting the Claim(s) in court, you will not be required to pay that amount again). In addition, the administrator may have a procedure whereby you can seek a waiver of fees charged to you by the administrator and arbitrator. We will always pay any fees or expenses that we are required to pay by law or the administrator’s rules or that we are required to pay for this arbitration agreement to be enforced. The arbitrator will have the authority to award attorneys’ and expert witness fees and costs to the extent permitted by this Contract, the administrator’s rules or applicable law. The arbitrator will always award you reasonable attorneys’ and expert witness fees and costs (a) if and to the extent you prevail on Claims you assert against us in an arbitration commenced by you and (b) to the extent required under applicable law for this arbitration agreement to be enforced. If the chosen arbitration organization’s rules or the other provisions of this Contract (including any other arbitration agreement in this Contract) conflict with this Arbitration Agreement, then the provisions of this Arbitration Agreement shall control. The arbitrator’s award shall be final and binding on all parties, except for any right of appeal provided by the FAA. However, if the amount of the Claim exceeds $50,000 or involves a request for injunctive or declaratory relief that could foreseeably involve a cost or benefit to either party exceeding $50,000, any party can, within 60 30 days after the date entry of my Contractthe award by the arbitrator, appeal the award to a three-arbitrator panel administered by the Administrator. The panel shall reconsider anew any aspect of the initial award requested by the appealing party. The decision of the panel shall be by majority vote. Reference in this arbitration provision to “the arbitrator” shall mean the panel if an appeal of the arbitrator’s decision has been taken. The costs of such an appeal will be borne in accordance with the preceding portions of this Arbitration Agreement concerning arbitration costs. Any rejection notice must include my namefinal decision of the appeal panel is subject to judicial review only as provided under the FAA. You and we retain any rights to self-help remedies, addresssuch as repossession. Any individual action in court by one party that is limited to preventing the other party from using a self-help remedy and that does not involve a request for damages or monetary relief of any kind will not be subject to arbitration. Notwithstanding any other provision in this Arbitration Agreement, teleph number you and Contract we retain the right to seek remedies in small claims court for disputes or account numberclaims within that court’s jurisdiction, unless such action is transferred, removed or appealed to a different court. I UNDERSTAND THAT IF EITHER CREDITOR OR ME CHOOSES ARBITRATIONNeither you nor we waive the right to arbitrate by using self-help remedies or filing suit. For example, NEITHER PARTY WILL HAVE THE RIGHT TO A JU TRIALif we file a lawsuit against you in small claims court to recover amounts due under the Contract, TO ENGAGE IN DISCOVERY, EXCEPT AS PROVIDED IN THE APPLICABLE ARBITRATION RULESwe reserve and do not waive the right to request arbitration of any Claim you later assert against us in any related or unrelated lawsuit. OR OTHERWISE LITIGATE THE DISPUTE OR CLAIM IN ANY COURT (OTHER THAN IN SMALL CLAIMS OR SIMILAR COURT, AS SET FORTH IN T PRECEDING PARAGRAPH, OR IN AN ACTION TO ENFORCE THE ARBITRATOR'S AWARD). FURTHER, I WILL NOT HAVE THE RIG TO PARTICIPATE AS A REPRESENTATIVE OR MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT ARBITRATION. THE ARBITRATOR'S DECISION WILL BE FINAL AND BINDING. OTHER RIGHTS THAT I OR CREDITOR WOULD HA IN COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATIONAny court having jurisdiction may enter judgment on the arbitrator’s award. This Arbitration Agreement shall survive full payment of the Contractany termination, your payoff or transfer of the Contract, any bankruptcy or insolve proceedings, any forbearance or modification of the Contract and any cancellation of this Contractyour financing contract. If any part of this Arbitration Agreem except for Agreement, other than the class action waiverClass Action Waiver, is deemed or found to be unenforceable by a courtfor any reason, then the specific part remainder shall remain enforceable. If the Class Action Waiver is deemed or found to be severedunenforceable for any reason, but the remainder of the Arbitrat this Arbitration Agreement will continue in full force. If a court finds the class action waiver to shall be unenforceable, then this Arbitration Agreement will deemed unenforceable. The Arbitration Agreement is void if I am a covered member subject to the right to appeal the limitation or dependent under invalidation of the Military Lending Act.Class Action Waiver..

Right to Reject. I You may reject this Arbitration Agreement by mailing a signed if you do not want it to apply. Rejection of this Arbitration Agreement will not affect the remaining parts of this Agreement. To reject this Arbitration Agreement, you must send written notice of your rejection notice to ZuntaFi, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-4104 within 60 30 days after the date of my Contractthat we approve your application for an Account. Any rejection notice You must include my your name, address, teleph number and Contract or account Account number. I UNDERSTAND THAT IF EITHER CREDITOR OR ME CHOOSES ARBITRATION, NEITHER PARTY WILL HAVE THE RIGHT TO A JU TRIAL, TO ENGAGE IN DISCOVERY, EXCEPT AS PROVIDED IN THE APPLICABLE ARBITRATION RULES. OR OTHERWISE LITIGATE THE DISPUTE OR CLAIM IN ANY COURT (OTHER THAN IN SMALL CLAIMS OR SIMILAR COURT, AS SET FORTH IN T PRECEDING PARAGRAPH, OR IN AN ACTION TO ENFORCE THE ARBITRATOR'S AWARD). FURTHER, I WILL NOT HAVE THE RIG TO PARTICIPATE AS A REPRESENTATIVE OR MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT ARBITRATION. THE ARBITRATOR'S DECISION WILL BE FINAL AND BINDING. OTHER RIGHTS THAT I OR CREDITOR WOULD HA IN COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATIONThe notice of rejection must be mailed to the Notice Address provided above. This is the only way that you can reject this Arbitration Agreement shall survive full payment of the Contract, your transfer of the Contract, any bankruptcy or insolve proceedings, any forbearance or modification of the Contract and any cancellation of this ContractAgreement. If any part an Account is jointly owned, one owner’s rejection of this Arbitration Agreem except for the class action waiver, is found unenforceable by a court, then the specific part shall be severed, but the remainder of the Arbitrat Agreement will continue in full force. If a court finds the class action waiver to be unenforceable, then this Arbitration Agreement will be deemed unenforceableto be a rejection by all joint owners. The In all other circumstances, your rejection of this Arbitration Agreement is void will not be deemed to be a rejection of this Arbitration Agreement by any person or entity other than you. We offer a number of different products and services to our customers. If you reject the Arbitration Agreement in this Agreement, that will not affect any arbitration agreement that may exist between you and us, now or in the future, in connection with other products or services you obtain from us. Any such arbitration agreement will remain in force unless you separately reject it in accordance with its terms. Notwithstanding any provision in this Agreement to the contrary, we agree that if I am we make any future change to this Arbitration Agreement (other than ministerial changes or a covered member or dependent under change to the Military Lending ActNotice Address) while you have an active Account, you may reject any such change by sending us a written notice within thirty (30) calendar days of the change to the Notice Address provided above. If you reject any future change, you will still be obligated to arbitrate any dispute between us in accordance with the terms of the arbitration agreement that existed immediately prior to the changed agreement that you rejected. YOU AGREE THAT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ANY CLAIM OR CAUSE OF ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT MUST BE FILED WITHIN 1 YEAR AFTER SUCH CLAIM OR CAUSE OF ACTION AROSE OR IT WILL BE FOREVER BARRED.