Article Nineteen Clause Samples
Article Nineteen. What is not covered by the Articles of this Agreement shall follow the provisions of the Property Rent Law promulgated by the Decree of Law No. (27) of the year 2014 and its amendments, and the Bahraini Courts shall have jurisdiction over any dispute arising in relation to this Agreement, and the Urgent Courts shall have jurisdiction over any eviction requests if the First Party is found to be in default of any clause of this Agreement.
Article Nineteen. Assignment ---------------------------- Neither this New Agreement nor any of the rights, interests or obligations hereunder shall be assigned by either of the parties hereto, other than in accordance with the provisions hereof, without the prior written consent of the other party.
Article Nineteen. Where a comptroller obtains more than 95% (ninety five percent) of the Company’s shares, he or she will have the power to demand that all shareholders which do not opt to enforce their withdrawal right, as referred to in article 71 bis of Law 18.046, sell those shares to him/her acquired under the applicable period of such statutory power, only when the stated percentage is reached after a public stock purchase offer that includes all shares of the Company, where he/she acquired from shareholders not related, at least a 15% (fifteen percent) of such shares. The purchase price will be as established in such offer, duly adjusted plus current interests. Pursuant to provisions in this article, the procedure established in article 71 bis of Law 18.046 will be followed.
Article Nineteen. Grievance Procedure (continued) Each party must advise the other of such new fact(s) as soon as it becomes aware of the new fact(s). submitted within the time stipulated, the grievance shall be considered settled on the basis of the last decision. Grievances shall not be subject to arbitration which involve:
Article Nineteen. The Fund shall provide short-term and medium-term loans to Members for a period not exceeding seven years. The period of each loan shall be determined separately. All of these loans shall be subject to the terms and conditions provided for in this Agreement.