Eleventh Clause. SUBCONTRACTS
Eleventh Clause. (Resolution of disputes) The parties shall prioritize the peaceful and amicable resolution of any differences arising from the interpretation or application of this memorandum. Consistent with this principle, any disputes shall be resolved by a neutral arbiter. Twelfth Clause (Anti-corruption clause) The two parties affirm their commitment to their duty to abstain from participating in any acts of corruption and commit themselves to neither offer, promise, solicit, or accept—directly or indirectly—any advantages with a patronage or non-patronage character, for the benefit of themselves or others, with the objective of receiving favorable judgement from or over the purpose of this memorandum. Thirteenth Clause (Execution of the memorandum) This Memorandum of Understanding enters into force starting from the date of its signature by both parties, and it is drafted in both English and Portuguese (of which Xxxxxxxx Xxxxxx (Casos omissos e interpretações) Quaisquer casos omissos, decorrentes da execução deste memorando, assim como a interpretação de preceitos menos xxxxxx do presente memorando, serão solucionados através de despachos conjuntos dos respectivos dirigentes, dentro do espírito de colaboração e amizade, que norteia a assinatura do memorando. Cláusula Décima-Primeira (Solução de litígios) As partes privilegiam a solução pacífica e amigável de eventuais diferendos resultantes da interpretação ou aplicação do presente memorando. Na subsistência daqueles, o litígio será dirimido por uma comissão arbitral. Cláusula Décima Segunda (Cláusula Anti-corrupção) As partes afirmam a consciência do xxxxx de abstenção para a prática de actos de corrupção e comprometem-se a não oferecer, prometer, solicitar ou aceitar, directa ou indirectamente, vantagens com carácter patrimonial ou não, para benefício próprio ou de outrem, com o propósito de obter julgamento favorável a partir, ou sobre o que constitui objecto deste memorando. Cláusula Xxxxxx Xxxxxxxx (Entrada em vigor do memorando) O presente Memorando de Entendimento entra em vigor a partir da data da sua assinatura pelas duas partes, e ele é regido nas línguas Inglês e Portuguesa (daquele as partes reconhecem o inglês como língua de both parties recognize English as the controlling language in case of dispute), in 2 (two) identical original copies, each of which being equally valid. Xxxx Xxxxxxx, Chief of Party, FTF Inova Maputo: [insira a data e a assinatura] controlo no caso de litígio), em 2 (dois) exemplare...
Eleventh Clause. In the case of loss or misplacement of the user password, in order to safeguard his interests, The Client is obligated to immediately change the password in the system. In case the user password is forgotten The Client must request in writing a change of the same and the generation of a new password by writing to xxxxxxxxxxxxxx@xxx-xxxx.xxx. The bank will not accept responsibility for the Client’s own acts or effects due to a lack of care regarding these aspects.
Eleventh Clause. No partner can give or transfer any of his shares to the other partner or to third parties which are associated to the present partners, without the previous written authorization of the partner representing the majority of stockholders' equity, and that partner will have the priority to purchase the shares, in the same conditions and in proportion to participation in the stockholders' equity. The right of priority will be in effect for 30 (thirty) days. 1ST SUB-CLAUSE: Entry of new partners which are not part of the economic grouping to which belong the present partners, will only be permitted by consent of the partners representing the totality of stockholders' equity.
Eleventh Clause. CCP will be responsible for the topographic survey of the surface which will serve as a basis for the determination of the extension of the lands required by the mining project. The Mining Operator will be held responsible for determining and locating the extension of the terrain needed to carry out the mining work and will submit for approval, the corresponding purchase to the Contractors. They will approve the necessary budget and will make the required payments, as is described in the Fifth Clause of this contract.
Eleventh Clause. Default Interest Rate:
Eleventh Clause. In everything that is omitted in this contract, the relationship of MAGP and FUSION FUEL shall be regulated by the law on copyright and related rights.
Eleventh Clause. It is hereby expressly understood and accepted that the title to the Electric Energy shall be conveyed by MOEMA to MARKETER at the Delivery Point, and MOEMA undertakes to maintain its generation assets in good operating and maintenance conditions, in order to ensure the supply of Electric Energy under this Agreement, as well as the connection of its generation facilities to the Distributor’s Grid.
Eleventh Clause. 1. The present contract is effective on the date it is signed by both parties.
Eleventh Clause. The Red Sea Court and Its all levels shall have jurisdiction over any dispute arising out of this contract.
