Statement of defence Sample Clauses

Statement of defence. After constitution of the arbitral tribunal pursuant to section 17, the arbitral tribunal sets a time-limit for the respondent to file the statement of defence. When setting the time-limit, appropriate consideration shall be given to the date the respondent received the statement of claim.
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Statement of defence. Rule 15 -
Sample 1
Statement of defence. § 4 If the Respondent wishes to oppose the Claimant's claim (or Counterclaim), the Respondent must deliver a written answer thereto, which shall bear the heading "Statement of Defence" The Respondent shall provide the Statement of Defence within 5 (five) business days of receiving the Statement of Claim to the Claimant or its legal practitioner. The provisions of § 2 relating to delivery of the Statement of Defence likewise apply.
Sample 1

Related to Statement of defence

  • Waiver of Defenses Guarantors hereby agree that their obligations hereunder shall not be affected or impaired by, and hereby waive and agree not to assert or take advantage of any defense based on:

  • Scope of Liability Neither the Servicer or any subservicer appointed by it, nor any of their respective partners, directors, officers, employees or agents, or its delegees pursuant to Section 11.2.1 hereof, shall be under any liability to the Master Servicer, the Trustee or, if applicable, the Trust Administrator for any action taken or for refraining from the taking of any action in good faith pursuant to this Agreement, or for errors in judgment; provided, however, that this provision shall not protect the Servicer, any subservicer or any of their respective partners, directors, officers, employees or agents, or its delegees pursuant to Section 11.2.1 hereof, against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or gross negligence in the performance of his or its duties or by reason of reckless disregard of his or its obligations and duties hereunder. The Servicer, any subservicer and any of their respective partners, directors, officers, employees or agents, or its delegees pursuant to Section 11.2.1 hereof, may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder.

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