Industry News

Time Limit for Claims; Third Party Beneficiaries.

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Update time : 2018-08-05 00:40:06
Time to Bring Claim or Suit. Notwithstanding the Arbitration Section, no arbitration, suit or action can be brought against us more than one (1) year after the date of the incident alleged to have resulted in the loss, injury or damage (or, if greater, the shortest duration permitted under applicable law).

Benefit to Others.
The provisions of Sections 7 and 8 shall apply to and benefit us and our agents, employees, contractors, subsidiaries, dealers, affiliates, parents (both direct and indirect), affinity marketers and other third party suppliers, providers, and partners.

Other Party`s Limitation.
If you purchased equipment or services from us through another entity or person (or based on a referral from another entity or person), you accept that such other entity or person acts solely as an independent contractor and that such other person or entity is entitled to the same rights to which we are entitled under this Agreement, including Sections 7 and 8.

Costs of arbitration.
All administrative fees and expenses of arbitration will be divided equally between you and Lowe`s. Each party will bear the expense of its own counsel, experts, witnesses and preparation and presentation of evidence at the arbitration hearing.



Binding arbitration.
You agree to submit any claim, dispute, action, cause of action, issue, or request for relief to binding arbitration rather than by filing any lawsuit in any forum other than set forth in this Section. Further you agree arbitration is final and binding and subject to only very limited review by a court. This arbitration clause shall survive termination of this agreement. This provision is intended to be interpreted broadly to encompass all disputes or claims arising out of or relating to your use of Iris. Any dispute or claim made by you against us arising out of or relating to these this Agreement or your use of Iris (whether based in contract, tort, statute, fraud, misrepresentation or any other legal) will be resolved by binding arbitration except that you may take claims to small claims court if they qualify for hearing by such a court.
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