Common use of Joint Public Statement Clause in Contracts

Joint Public Statement. Within ten (10) days after the Effective Date, the Parties shall publically (via press release) issue the following statement: “The Federal Customs Service of the Russian Federation and The Bank of New York Mellon are pleased to announce that they have amicably resolved the law suit between them which was pending in the Arbitrazh Court of the City of Moscow.”

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement (Bank of New York Mellon CORP)