Common use of Consolidation of Arbitral Proceedings Clause in Contracts

Consolidation of Arbitral Proceedings. The arbitral tribunal constituted pursuant to Clause 26.2 (Arbitration) may consolidate an arbitration arising out of or relating to this Agreement with any arbitration arising out of or relating to one or more Finance Documents that provides for arbitration by the London Court of International Arbitration, if the subject matter of the disputes arises out of or relates to essentially the same facts or transactions. Such consolidated arbitration shall be determined by the arbitral tribunal appointed for the arbitration proceeding that was commenced first in time. Except as otherwise provided in this Clause 26.5 (Consolidation of Arbitral Proceedings), the rights of the Parties to proceed with dispute resolution hereunder shall be independent of their rights to proceed with dispute resolution under any of the other Finance Documents. THIS AGREEMENT has been entered into by the Parties on the date stated at the beginning of this Agreement. SIGNATORIES Company ORPOWER4 INC. By: /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: Director/President In the presence of: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Address: OrPower4 Inc. x/x Xxxxx Xxxxxx Xxx., 0000 Xxxx Xxxx, Reno, Nevada Occupation: Director/Assistant Secretary Lender SOCIÉTÉ DE PROMOTION ET DE PARTICIPATION POUR LA COOPÉRATION ECONOMIQUE By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Deputy CEO In the presence of: /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Address: Proparco, 5, rue Xxxxxx Xxxxxxx, 75598 Xxxxx Xxxxx 00, Xxxxxx Occupation: Deputy CEO Global Agent DEG — DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH By: /s/ Xxxxxx Vitinius/Matthias Goulnik Name: Xxxxxx Vitinius/Matthias Goulnik Title: First Vice President/Vice President In the presence of: /s/ Xxxxxxxxx Xxxxxxxx Name: Xxxxxxxxx Xxxxxxxx Address: DEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, Xxxxxxxxxxx 00, 00000 Xxxx, Xxxxxxx Occupation: Vice President

Appears in 1 contract

Samples: A Loan Agreement (Ormat Technologies, Inc.)

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Consolidation of Arbitral Proceedings. The arbitral tribunal constituted pursuant to Clause 26.2 (Arbitration) may consolidate an arbitration arising out of or relating to this Agreement with any arbitration arising out of or relating to one or more Finance Documents that provides for arbitration by the London Court of International Arbitration, if the subject matter of the disputes arises out of or relates to essentially the same facts or transactions. Such consolidated arbitration shall be determined by the arbitral tribunal appointed for the arbitration proceeding that was commenced first in time. Except as otherwise provided in this Clause 26.5 (Consolidation of Arbitral Proceedings), the rights of the Parties to proceed with dispute resolution hereunder shall be independent of their rights to proceed with dispute resolution under any of the other Finance Documents. THIS AGREEMENT has been entered into by the Parties on the date stated at the beginning of this Agreement. SIGNATORIES Company ORPOWER4 INC. By: /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: Director/Director / President In the presence of: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Address: OrPower4 Inc. x/x Xxxxx Xxxxxx Xxx., 0000 Xxxx Xxxx, Reno, Nevada Occupation: Director/Director / Assistant Secretary Lender SOCIÉTÉ DE PROMOTION ET DE PARTICIPATION POUR LA COOPÉRATION ECONOMIQUE Xxxxxx XXX — DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH By: /s/ Xxxxxxxx Xxxxxxx Xxxxxx Vitinius/Matthias Goulnik Name: Xxxxxxxx Xxxxxxx Xxxxxx Vitinius/Matthias Goulnik Title: Deputy CEO First Vice President/Vice President In the presence of: /s/ Xxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx Address: ProparcoDEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, 5, rue Xxxxxx Xxxxxxx, 75598 Xxxxx Xxxxx Xxxxxxxxxxx 00, Xxxxxx 00000 Xxxx, Xxxxxxx Occupation: Deputy CEO Vice President Global Agent DEG — DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH By: /s/ Xxxxxx Vitinius/Matthias Goulnik Name: Xxxxxx Vitinius/Matthias Goulnik Title: First Vice President/Vice President In the presence of: /s/ Xxxxxxxxx Xxxxxxxx Name: Xxxxxxxxx Xxxxxxxx Address: DEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, Xxxxxxxxxxx 00, 00000 Xxxx, Xxxxxxx Occupation: Vice President

Appears in 1 contract

Samples: Deg B Loan Agreement (Ormat Technologies, Inc.)

Consolidation of Arbitral Proceedings. The arbitral tribunal constituted pursuant to Clause 26.2 (Arbitration) may consolidate an arbitration arising out of or relating to this Agreement with any arbitration arising out of or relating to one or more Finance Documents that provides for arbitration by the London Court of International Arbitration, if the subject matter of the disputes arises out of or relates to essentially the same facts or transactions. Such consolidated arbitration shall be determined by the arbitral tribunal appointed for the arbitration proceeding that was commenced first in time. Except as otherwise provided in this Clause 26.5 (Consolidation of Arbitral Proceedings), the rights of the Parties to proceed with dispute resolution hereunder shall be independent of their rights to proceed with dispute resolution under any of the other Finance Documents. THIS AGREEMENT has been entered into by the Parties on the date stated at the beginning of this Agreement. SIGNATORIES Company ORPOWER4 INC. By: /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: Director/President In the presence of: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Address:Address: OrPower4 Inc. x/x Xxxxx Xxxxxx Xxx., 0000 Xxxx Xxxx, Reno, Nevada Occupation: Director/Assistant Secretary Lender SOCIÉTÉ DE PROMOTION ET DE PARTICIPATION POUR LA COOPÉRATION ECONOMIQUE DEG- DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH By: /s/ Xxxxxxxx Xxxxxxx Xxxxxx Vitinius/Matthias Goulnik Name: Xxxxxxxx Xxxxxxx Xxxxxx Vitinius/Matthias Goulnik Title: Deputy CEO First Vice President/Vice President In the presence of: /s/ Xxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx Address: ProparcoDEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, 5, rue Xxxxxx Xxxxxxx, 75598 Xxxxx Xxxxx Xxxxxxxxxxx 00, Xxxxxx 00000 Xxxx, Xxxxxxx Occupation: Deputy CEO Vice President Global Agent DEG — DEG- DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH By: /s/ Xxxxxx Vitinius/Matthias Goulnik Name: Xxxxxx Vitinius/Matthias Goulnik Title: First Vice President/Vice President In the presence of: /s/ Xxxxxxxxx Xxxxxxxx Name: Xxxxxxxxx Xxxxxxxx Address: DEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, Xxxxxxxxxxx 00, 00000 Xxxx, Xxxxxxx Occupation: Vice President

Appears in 1 contract

Samples: Deg C Loan Agreement (Ormat Technologies, Inc.)

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Consolidation of Arbitral Proceedings. The arbitral tribunal constituted pursuant to Clause 26.2 (Arbitration) may consolidate an arbitration arising out of or relating to this Agreement with any arbitration arising out of or relating to one or more Finance Documents that provides for arbitration by the London Court of International Arbitration, if the subject matter of the disputes arises out of or relates to essentially the same facts or transactions. Such consolidated arbitration shall be determined by the arbitral tribunal appointed for the arbitration proceeding that was commenced first in time. Except as otherwise provided in this Clause 26.5 (Consolidation of Arbitral Proceedings), the rights of the Parties to proceed with dispute resolution hereunder shall be independent of their rights to proceed with dispute resolution under any of the other Finance Documents. THIS AGREEMENT has been entered into by the Parties on the date stated at the beginning of this Agreement. SIGNATORIES Company ORPOWER4 INC. By: /s/ Xxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Title: Director/President In the presence of: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Address: OrPower4 Inc. x/x Xxxxx Xxxxxx Xxx., 0000 Xxxx Xxxx, Reno, Nevada Occupation: Director/Assistant Secretary Lender SOCIÉTÉ DE PROMOTION ET DE PARTICIPATION POUR LA COOPÉRATION ECONOMIQUE DEG- DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH By: /s/ Xxxxxxxx Xxxxxxx Xxxxxx Vitinius/Matthias Goulnik Name: Xxxxxxxx Xxxxxxx Xxxxxx Vitinius/Matthias Goulnik Title: Deputy CEO First Vice President/Vice President In the presence of: /s/ Xxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxx Address: ProparcoDEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, 5, rue Xxxxxx Xxxxxxx, 75598 Xxxxx Xxxxx Xxxxxxxxxxx 00, Xxxxxx 00000 Xxxx, Xxxxxxx Occupation: Deputy CEO Vice President Global Agent DEG — DEG- DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH By: /s/ Xxxxxx Vitinius/Matthias Goulnik Name: Xxxxxx Vitinius/Matthias Goulnik Title: First Vice President/Vice President In the presence of: /s/ Xxxxxxxxx Xxxxxxxx Name: Xxxxxxxxx Xxxxxxxx Address: DEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, Xxxxxxxxxxx 00, 00000 Xxxx, Xxxxxxx Occupation: Vice President

Appears in 1 contract

Samples: A Loan Agreement (Ormat Technologies, Inc.)

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