SPV Dictionary

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Arbitration

A method of resolving legal disputes outside of the court system, where an impartial third party, known as an arbitrator, reviews the case and makes a binding decision. In the context of an SPV, arbitration is used as an alternative to litigation for settling disagreements.

Arbitration Location

The designated place where arbitration proceedings will take place in the event of a dispute involving the SPV. The location must be within the United States; it is recommended that the location be in Delaware, or the same city and state that the Organizer resides.