Litigations Clause Samples
POPULAR SAMPLE Copied 2 times
Litigations. 25.1 On December 6, 2011, a government agency sent a letter to a bank asking to hold the bank guarantee of Baht 20 million that the Company deposited as the mortgage since the said agency claimed that the Company failed to perform according to the contract. On December 29, 2011, the Company filed the abovementioned agency and its parties to the Central Administrative Court for the sentence of releasing the captioned bank guarantee with the compensation charge in total Baht 27.5 million plus the interest rate of 7.5 % per annum including any related fee from the next day of filing date until completion of payment since the Company considered that such a claim was not caused by the Company’s fault. On the contrary, the Company could not perform according to the contract due to the law of restricted areas. On May 20, 2015, the Central Administrative Court had rendered judgement and ordered the government agency to return the Baht 20 million bank guarantee dated 31 August 2007 to the Company under the condition that both the Company and bank jointly shared the responsibility to pay the total of Baht 10 million plus the interest rate of 7.5 % per annum from the next day of filing date (29 December 2011) until completion of payment or within 60 days starting from the date of final judgement whereas all remaining parts to be dismissed. On June 19, 2015, the government agency made an appeal to the Central Administrative Court and later on October 16, 2015, the Company made an appeal clarification to the court. Presently, the Central Administrative Court is considering the appeal clarification. However, the Company has already recorded the contingent liabilities of Baht 20 million arisen in the interim financial statements. 25.2 On April 24, 2008, a private company and group (party) filed a charge against the Company and group to the Administrative Court of First Level on the breach and claimed the damages in the amount of Baht 6 million with the interest rate at 7.5% per annum from the filing date until payment is made. On May 29, 2012, the court rendered judgement of dismissal but later on June 20, 2013, the litigant appealed to the Supreme Administrative Court and on August 9, 2013, the Supreme Adminstrative Court had ordered to set October 2, 2019 as the new ending date for seeking facts. On June 22, 2020, the Administrative Court sent a notice scheduling the first trial by setting the first trial date on August 20, 2020 to the Supreme Administrative Court. On ...
Litigations. The Issuer shall, promptly upon becoming aware of them, send the Bond Trustee such relevant details of any:
(i) material litigations, arbitrations or administrative proceedings which have been started by or against any Group Company; and
(ii) other events which have occurred which have had or would reasonably be expected to have a Material Adverse Effect, as the Bond Trustee may reasonably request.
Litigations. 9.1. If you have any reasons to believe that a Transaction for which your Card was used is unauthorized or was executed on your Account by mistake, you must contact the Customer Service department, by calling ▇▇▇ ▇▇▇ ▇▇ ▇▇.
Litigations. Art. 37. Any litigation occurring between the parties in connection with signing, concluding, terminating or construing this Agreement and which cannot be amicably settled shall be referred to the competent Romanian courts of law.
Litigations. There are no actions, suits, proceedings or investigations pending or, to the Borrower's knowledge, threatened by or before any court or any governmental authority, body or agency or any arbitration board which are reasonably likely to materially adversely affect the business, property, assets, financial position or results of operations of the Borrower or the authority or ability of the Borrower to perform its obligations under this Agreement or the Notes.
Litigations. The parties agree to make maximum effort in order to solve any disagreement, i.e. dispute related to this Agreement through discussion and mutual compromise.
Litigations. For any dispute concerning this Agreement, including those relating to its validity, execution and resolution, the Court of Foggia in Italy will be competent.
Litigations. The present Agreement is governed by the law of The Netherlands. Any litigation regarding the clauses of the present Agreement which cannot be solved amicably will be solved by the law courts located in The Netherlands.
Litigations. If you are not satisfied with the solution to your complaint, or if the created litigation cannot be settled amiably, you have the option to report to the National Authority for Management and Regulation in Communications of Romania (ANCOM), or to use other extra-judicial procedures to settle litigations (for example: mediation), as well as to address to the relevant courts of law.
Litigations. The Parties shall endeavor to settle any dispute amicably. If they fail, and the subject of the discussion is legal, the parties will address the court in the area where the Organizer has its registered office.