This Loan Repayment Arbitration Agreement ("Agreement") is entered into on ("Effective Date"), by and between:
Together referred to as the "Parties".
The Parties agree that any dispute, claim, or controversy arising out of or relating to the loan repayment agreement between them shall be resolved exclusively and finally by arbitration.
This Agreement applies to all claims or disputes arising from or relating to the underlying loan, including but not limited to repayment terms, amounts owed, interest, and enforcement of the agreement.
The arbitration shall be conducted by under the rules of as in effect at the time of the arbitration.
The arbitration shall take place in and shall be conducted in the language.
The decision of the arbitrator(s) shall be final and binding on both Parties, and may be entered as a judgment in any court of competent jurisdiction.
The costs of arbitration, including the arbitrator's fees, shall be borne by unless otherwise decided by the arbitrator.
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
By signing below, the Parties confirm that they have read, understood, and voluntarily accept the terms of this Arbitration Agreement.