Juhl Energy Development, Inc. (JEDI), appeals from the district court’s order denying its motion to compel arbitration for contract disputes between JEDI and Unison Co., Ltd.' (Unison). Because the arbitration clause in the Turbine Supply Agreement (TSA) covers the parties’ dispute, we reverse the judgment.

I. Background

Unison is a South Korean company that manufactures, sells, delivers, and services Wind Turbine Generators (WTGs). JEDI is a corporate subsidiary of another named defendant, Juhl Energy, Inc., and is incorporated and located in Minnesota. JEDI and Unison are parties to the contractual agreements at issue; the other defendants are not.^[1] There are two agreements between JEDI and Unison that are relevant in this case: the TSA and the Financing Agreement (FA). In the TSA, Unison agreed to design, manufacture, and sell two WTGs to JEDI for installation in Minnesota in exchange for $2,574,900; the effective date for the TSA was April 16, 2010. In the FA, Unison agreed to lend to JEDI the amount of the TSA contract price — $2,574,900; the effective date for the FA was April 14, 2010.

Unison brought suit against JEDI in federal court in Minnesota, asserting 17 claims for relief,- all of which relate to the[*818] FA. JEDI filed a motion to compel arbitration, based on an arbitration clause in the TSA, and to dismiss Unison’s complaint. Following a hearing, the district court denied the motion, and JEDI timely appealed. This court has jurisdiction pursuant to 28 U.S.C. § 1294 and 9 U.S.C. § 16(a)(1)(C).

II. Discussion

“We review de novo the district court’s denial of a motion to compel arbitration based on contract interpretation.” Indus. Wire Prods., Inc. v. Costco Wholesale Corp., 576 F.3d 516, 520 (8th Cir.2009) (quotation omitted). “If the district court’s order concerning arbitrability is based on factual findings, we review such findings for clear error.” Lyster v. Ryan’s Family Steak Houses, Inc., 239 F.3d 943, 945 (8th Cir.2001). “[A]rbitration is a matter of contract and a party cannot be required to submit to arbitration any dispute which he has not agreed so to submit.” AT & T Techs., Inc. v. Commc’ns Workers of Am., 475 U.S. 643, 648, 106 S.Ct. 1415, 89 L.Ed.2d 648 (1986) (quotation omitted). “The [Federal Arbitration Act] limits a district court’s initial role in any challenge to an arbitration agreement to ... 1) whether the agreement for arbitration was validly made and 2) whether the arbitration agreement applies to the dispute at hand, i.e., whether the dispute falls within the scope of the arbitration agreement.” Indus. Wire Prods., 576 F.3d at 520 (internal quotation omitted). The parties con-' cede the arbitration clause in the TSA is valid; they disagree about whether it applies to Unison’s complaint.

We must liberally construe a valid arbitration clause, “resolving any doubts in favor of arbitration ... unless it may be said with positive assurance that the arbitration clause is not susceptible of an interpretation that covers the asserted dispute.” 3M Co. v. Amtex Sec., Inc., 542 F.3d 1193, 1199 (8th Cir.2008) (quotation omitted). In making this determination, we must decide whether the arbitration clause is broad or narrow. Fleet Tire Serv. of N. Little Rock v. Oliver Rubber Co., 118 F.3d 619, 621 (8th Cir.1997) (finding the arbitration clause at issue was broad, because arbitration was available for claims both “arising from” and “relating to” the agreement). If the clause is broad, the “liberal federal policy favoring arbitration agreements requires that a district court send a claim to arbitration ... as long as the underlying factual allegations simply touch matters covered by the arbitration provision.” 3M Co., 542 F.3d at 1199 (quotations and internal citation omitted).

The arbitration clause at issue in this case is located in the TSA. The relevant paragraphs of the TSA read as follows:

16.1 Negotiation of Disputes. The Parties agree that in the event any dispute arises between them under or in connection with this Agreement or any legal relationship associated with or contemplated by this Agreement (the “Dispute”), the Parties shall first promptly make all reasonable efforts to resolve the Dispute by amicable negotiations involving senior representatives of the Parties ....

16.2 Arbitration. If the Parties fail to resolve the Dispute within 21 days pursuant to Section 16.1 (or any such longer period as Parties may mutually agree to in writing), then either Party may submit the Dispute for binding arbitration by delivering to the other Party a written notice (a “Notice of Arbitration”) ....

According to the terms of the TSA, a Dispute is “any dispute” arising between[*819] the parties “under or in connection with [the TSA] or any legal relationship associated with or contemplated by [the TSA].” A party may then submit any such Dispute, if not resolved in a specified time, “for binding arbitration.... ” The FA, in contrast, contains no such provision.

. The arbitration clause in the TSA is at least as broad as the arbitration clauses this court has considered in two instructive cases. In Fleet Tire, the clause stated that “[a]ny controversy or claim arising out of or relating to this Agreement or any breach of its terms shall be settled by arbitration....” 118 F.3d at 620. We found in Fleet Tire that the clause “constitutes the broadest language the parties could reasonably use to subject their disputes to that form of settlement, including collateral disputes that relate to the agreement containing the clause.” Id. at 621. Similarly, in 3M Co., the arbitration clause at issue required arbitration if the parties disputed “the existence, cause, or value of any change to the scope of services Amtex was to provide.” 542 F.3d at 1196 (paraphrasing the clause at issue). We concluded this language, too, was broad in scope. Id. at 1199.

The arbitration clause in the TSA covers any dispute that arises “in connection with” the TSA or “any legal relationship associated with or contemplated by” the TSA. We conclude that this language renders the arbitration clause in the TSA broad, not narrow, in scope.^[2]

Because the arbitration clause is broad, we must then determine whether the underlying factual allegations touch on matters covered by the arbitration clause. See id. at 1199. As noted, the arbitration clause in this case covers disputes that arise in connection with “any legal relationship associated with or contemplated by [the TSA].” The question, then, is whether the FA — which makes no mention of arbitration — embodies a “legal relationship” that is either “associated with or contemplated by” the TSA.

The TSA specifically addresses the financing arrangement between Unison and JEDI, which is the subject matter of the legal dispute between the parties.^[3] The TSA is contingent on finalizing the financing documents on or before the effective date of the TSA, and the FA expressly states that the parties have “entered into a Turbine Supply Agreement.” The FA also limits the amount of JEDI’s loan to “the. aggregate amount of all payments due and payable to [Unison] under the Turbine Supply Agreement....” And the FA conditions Unison’s obligation to loan this money on, among other things, Unison having received a copy of “each Project Document.” The FA, in turn, defines “Project Documents” to include the TSA. These cross-references, along with the interdependent nature of the parties’ obligations under both the TSA and the FA, make it difficult to read these documents without reaching the conclusion that they are two parts of one overarching business[*820] plan between the same parties.^[4] The TSA and the FA each embodies a legal relationship that is associated with, and eontem-plated by, the other. Any dispute regarding the FA would, therefore, be a dispute that is covered by the arbitration clause in the TSA.

Unison contends, nevertheless, that the TSA arbitration clause cannot be interpreted to cover the present dispute without making the jurisdiction clause in the FA a nullity. We disagree because the jurisdiction clause answers a different question than does the arbitration clause. The FA jurisdiction clause reads as follows:

Section 10.8 Submission to Jurisdiction; Service of Process.

(a) Borrower hereby submits to the jurisdiction of courts of the State of Minnesota in the County of Henne-pin and of the United States for the Western District of Minnesota for any legal action or proceeding brought against it in connection with this Agreement and any other Financing Document. By execution and delivery of this Agreement, Borrower hereby irrevocably accepts for itself and in respect of its property, generally and unconditionally, the jurisdiction of the aforesaid courts.^[5]

The TSA arbitration clause permits a] party to submit a dispute to binding arbitration, while the FA jurisdiction clause simply identifies the agreed-upon jurisdiction “for any legal action or proceeding brought against it in connection with this Agreement and any other Financing Document.” Notably, the jurisdiction clause does not address whether, or under what ciicum-stances, a dispute must be litigated and resolved in court. As we read these two clauses, they are not in conflict: If a party wants to settle a dispute through arbitration, it may initiate arbitration proceedings under the TSA arbitration clause; if the parties choose not to arbitrate a dispute under the FA, or seek to enforce an arbitration decision, then the parties have consented to the jurisdiction of the state and federal courts in Minnesota for all litigation relating to that dispute. Had both documents included separate arbitration and jurisdiction clauses, the parties may have negotiated a different contractual agreement. But as the documents are written, enforcing the arbitration clause in the TSA in a dispute alleging violations of the FA does not render the jurisdi ction clause in the FA a nullity.^[6]

[*821] “When the parties have agreed on an arbitration clause that appears to cover their dispute, it should be upheld.” SM Co., 542 F.3d at 1199. The arbitration clause in the TSA is a broad one. And the dispute concerning the FA, at a minimum, touches on matters subject to the arbitration clause. The TSA arbitration clause therefore covers the disputes alleged in this case.

III. Conclusion

We reverse the denial of JEDI’s motion to compel arbitration. On remand, the district court may decide in the first instance whether it is appropriate at this juncture to dismiss Unison’s complaint or stay the action in federal court pending the outcome of the arbitration proceedings. See Green v. SuperShuttle Int’l, Inc., 653 F.3d 766, 769-70 (8th Cir.2011).