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party wishes to obtain an authoritative determination of the respective rights and obligations of <br />the parties under this Holiday Rink License Agreement (in the nature of declaratory relief). <br />Pending arbitration proceedings as herein provided, a party shall not he deemed to be in default or <br />noncompliance with respect to the dispute submitted to arbitration. At the conclusion of the <br />arbitration proceedings, (A) if the determination is that a party is in default or noncompliance <br />with the terms of this I Ioliday Rink License Agreement, the cure and remedies provision of this <br />Holiday Rink License Agreement shall apply; (B) if the determination is the resolution of a <br />matter on which the parties are required to agree or concerning which it is contemplated or <br />reasonably necessary that they will reach agreement, and the parties have not reached agreement, <br />the dctcrmination in arbitration shall be accepted by the parties as the substance of their <br />agreement; and (C) if the determination respects die allocation of rights and duties of a party <br />under this Holiday Rink License Agreement, then such determination shall constitute part of this <br />Holiday Rink License Agreement. <br />The party invoking arbitration under this Exhibit "C" shall notify the other party of its <br />intent to arbitrate, specifying the nature of the dispute or the matter of disagreement or matter <br />concerning which one party desires a definitive allocation of rights and responsibilities. <br />Nohvithstanding any provision in this Holiday Rink License Agreement to the contrary, <br />Arbitrator shall not consider issues of damages or injunctive relief as appropriate remedies, but <br />shall limit its dctcrmination to issues of fact such as cost items and standards of performance, the <br />reasonableness of approvals or disapprovals, and the prevailing party in disputes between the <br />parties. Remedies and damages, following such determinations by Arbitration, shall be governed <br />by the Arbitration sections contained in this F,xhibit `'C". <br />Within ten (10) business days attar the notice electing arbitration, the party so electing <br />(the °Electing Party") shall provide to the other party (the "Non-Electing Party") the names, <br />addresses, telephone numbers and qualifications often (10) persons chosen by the Electing Party <br />as being acceptable to act as arbitrator of the dispute, each of whom must be a formerjudgc of the <br />Superior Court of California. Within ten (10) business days after receipt of the names of the <br />proposed arbitrators chosen by the Electing Party, thcNnn-Electing party shall select in writing <br />one of the proposed arbitrators chosen by the Electing Party as the sole arbitrator. If the Non- <br />Glecting Party fails to sclcct an arbitrator within said ten (10) business day period, then after <br />expiration thereof, the Electing Party may sclcct the arbitrator from the list previously delivered <br />to the Non-Electing Party. If after selection the selected arbitrator is determined to he unavailable <br />to serve within the period required hereunder, the parties may agree to waive the time <br />requirements hereunder to enable such arbitrator to hear the dispute. If both parties do not waive <br />the time requirements, then the Electing Party, within ten (10) business days of determining the <br />unavailability of the selected arbitrator, shall submit a new list of ten (10) proposed arbitrators <br />meeting the qualitcations described above and the above selection process shall be repeated. <br />Upon appointment of the arbitrator, the matter shall he set for arbitration at a time not <br />less than ten (10) business days, nor more than twenty (20) business days, from the effective date <br />of the appointment of the arbitrator. The arbitration shall be conducted under the procedures set <br />forth in Chapter 3 of Title 9 of Part 3 of the California Codc of Civil Procedure pertahiine to <br />1 E. <br />