Common use of Litigation and Arbitration Clause in Contracts

Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$100,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable.

Appears in 2 contracts

Samples: Agreement (Integrated Media Technology LTD), Agreement (Integrated Media Technology LTD)

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Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$RM 100,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable.

Appears in 1 contract

Samples: Agreement (China Media Group CORP)

Litigation and Arbitration. (i) proceedings 11.1.1 Save as plaintiff in the collection of debts (not exceeding A$100,000 (or its equivalent in any other currency) pound)10,000 in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation litigation, arbitration or arbitration criminal proceedings and so far as the Vendors are aware there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable.

Appears in 1 contract

Samples: Agreement (Seacor Smit Inc)

Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$100,000 US$50,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable.

Appears in 1 contract

Samples: Agreement (Median Group Inc)

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Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$100,000 RMB 50,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable.

Appears in 1 contract

Samples: Agreement (Integrated Media Technology LTD)

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