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8 <br /> <br />Ledger Balance. <br />The “Ledger Balance” is the balance in Company’s Account after all debits <br />and credits for the Business Day are posted. <br /> <br />Overdraft. <br />An “Overdraft” is any event that results in a negative balance in Company’s <br />Account. <br /> <br />Paper Item. <br />A “Paper Item” is an Item that is in paper form. <br /> <br />Service. <br />A “Service” is any service Bank provides to Company including without <br />limitation any Treasury Management Service. <br /> <br />Arbitration Agreement <br /> <br />Agreement to Arbitrate. <br />Except as stated in “No Waiver of Self-Help or Provisional Remedies” below, <br />Company and Bank agree, at Company’s or Bank’s request, to submit to <br />binding arbitration all claims, disputes and controversies between or among <br />Company and Bank (and their respective employees, officers, directors, <br />attorneys and other agents), whether in tort, contract or otherwise arising <br />out of or relating in any way to Company’s Account(s) and/or Service(s) and <br />their negotiation, execution, administration, modification, substitution, <br />formation, inducement, enforcement, default or termination (each, a “Dispute”). <br /> <br />Governing Rules. <br />Any arbitration proceeding will (i) proceed in a location selected by the <br />American Arbitration Association (“AAA”) in the state whose laws govern <br />Company’s Account; (ii) be governed by the Federal Arbitration Act (Title 9 <br />6.1.D. - Page 50