Writs of Execution Clause Samples

A Writ of Execution clause authorizes the enforcement of a court judgment by allowing a party to obtain a legal order to seize and sell the losing party’s property to satisfy the judgment. In practice, this clause applies after a court has rendered a monetary judgment, enabling the prevailing party to request the court to issue a writ that directs law enforcement to take specific assets, such as bank accounts or real estate, from the debtor. The core function of this clause is to provide a clear legal mechanism for collecting on a judgment, ensuring that court decisions are effectively enforced and that prevailing parties can recover what they are owed.
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Writs of Execution if writs of execution or attachment or similar process in respect of any judgments or claims which in the aggregate are in excess of the Threshold Amount are entered, commenced or levied against all or a substantial portion of the Property of an Obligor or against any Property which is pledged or charged pursuant to a Pledge, and such writs, execution, attachment or similar processes are not released, bonded, satisfied, discharged, vacated or stayed within 30 days after their entry, commencement or levy;
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Writs of Execution. Writs of execution of a contracting party in whose territory they were issued sha l be put into force by the other contracting parties in accordance with the procedures fo lowed in the case of judicial judgements if such writs be subject to the said procedures, provided that the application thereof does not conflict with the provisions of Islamic ▇▇▇▇▇'a, or the constitution, public order or the rules of conduct of the contracting party required to give e fect to such writs. The authority requesting recognition and execution of a documented writ by the other contracting party sha l submit an o ficial copy thereof carrying the seal of the authenticating o ficer or o fice duly certified, or a certificate issued by the latter stating that the writ has the force of an executive document. In this case, the third paragraph of Article 34 of this Agreement sha l apply.
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Writs of Execution. On each of the Firm Occupancy Date and the Closing Date, the Purchaser, at the Purchaser’s sole expense, shall deliver to the Vendor a clear and up-to-date Certificate as to Writs of Execution in respect of the Purchaser’s name from the Land Registry Office and shall also provide the Vendor with such other information, documentation and other evidence as may be required in the sole and unfettered discretion of the Vendor’s Solicitors to enable the Vendor to obtain a clear Certificate as to Writs of Execution with respect to the Purchaser from such office.
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Writs of Execution if writs of execution or attachment or similar process in respect of any judgments or claims which, in the aggregate, are in excess of Cdn. $1,000,000 (or the Equivalent Amount), are levied against all or a substantial portion ...
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Writs of Execution. Writs of execution of a contracting party in whose territory they were issued shall be put into force by the other contracting parties in accordance with the procedures followed in the case of judicial judgements if such writs be subject to the said procedures, provided that the application thereof does not conflict with the provisions of Islamic ▇▇▇▇▇'a, or the constitution, public order or the rules of conduct of the contracting party required to give effect to such writs. The authority requesting recognition and execution of a documented writ by the other contracting party shall submit an official copy thereof carrying the seal of the authenticating officer or office duly certified, or a certificate issued by the latter stating that the writ has the force of an executive document. In this case, the third paragraph of Article 34 of this Agreement shall apply.
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Writs of Execution if writs of execution or attachment or similar process in respect of any judgments or claims which, in the aggregate, are in excess of Cdn. $1,000,000 (or the Equivalent Amount), are levied against all or a substantial portion of the property of any Borrower Group Member and such writs, execution, attachment or similar processes either (i) are not released, bonded, satisfied, discharged, vacated or stayed within 20 Banking Days after their entry, commencement or levy or (ii) are capable of being executed upon within five Banking Days;
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Related to Writs of Execution

  • Date of Execution (1) The Parties have executed this Settlement Agreement as of the date on the cover page. Ontario Superior Court of Justice (London) Court File No. 1272/16 CP (the “Ontario Action”) ▇▇▇▇ ▇▇▇▇▇▇ AVX Corporation; ▇▇▇▇ Co., Ltd.; ▇▇▇▇ America Inc.; Hitachi Chemical Co., Ltd.; Hitachi Chemical Company America, Ltd.; Hitachi Canada; Hitachi AIC Inc.; KEMET Corporation; KEMET Electronics Corporation; Matsuo Electric Co., Ltd.; Nichicon Corporation; Nichicon (America) Corporation; Nippon Chemi-Con Corporation; United Chemi-Con Corporation; Nissei Electric Co. Ltd.; Nitsuko Electronics Corporation; Okaya Electric Industries Co. Ltd.; Okaya Electric America, Inc.; Panasonic Corporation; Panasonic Corporation of North America; Panasonic Canada Inc.; ROHM Co., Ltd.; ROHM Semicondctor U.S.A., LLC f/k/a/ ROHM Electronics U.S.A., LLC; Rubycon Corporation; Rubycon America Inc.; Shinyei Kaisha; Shinyei Technology Co., Ltd.; Shinyei Capacitor Co., Ltd.; Shinyei Corporation of America; Shizuki Electric Co., Ltd.; American Shizuki Corporation; Soshin Electric Co., Ltd.; Soshin Electronics of America Inc.; Taitsu Corporation; Taitsu America, Inc.; Toshin Kogyo Co., Ltd.; Holy Stone Enterprises Co., Ltd.; Milestone Global Technology Inc. d/b/a Holystone International; Vishay Polytech Co., Ltd. f/k/a/ Holystone Polytech Co., Ltd. All Persons in Canada who purchased Film Capacitors or a product containing a Film Capacitor during the Class Period other than (1) all BC Settlement Class members and (2) all Quebec Settlement Class members. Quebec Superior Court (District of Montreal), File No. ▇▇▇-▇▇-▇▇▇▇▇ 4-144 (the “Quebec Action”) Option Consommat eurs Panasonic Corporation; Sanyo Electric Group Ltd.; KEMET Corporation; NEC Tokin Corporation; Taiyo Yuden Co., Ltd.; Nippon Chemi-Con Corporation; Hitachi Chemical Co. Ltd.; Nichicon Corporation; Hitachi AIC Inc.; ▇▇▇▇ Co. Ltd.; Holy Stone Enterprise Co., Ltd.; Matsuo Electric Co., Ltd.; Rohm All Persons in Quebec who purchased Film Capacitors or a product containing a Film Capacitor during the Class Period. Proceeding Plaintiff(s) Defendants Settlement Class Co., Ltd.; Rubycon Corporation; Toshin Kogyo Co., Ltd.; Holy Stone Holdings Co., Ltd. British Columbia Supreme Court (Vancouver Registry) Court File No. S-156006 (the “BC Action”) ▇▇▇▇ ▇▇▇▇▇▇ Okaya Electric Industries Co., Ltd.; Okaya Electric America Inc.; Taitsu Corporation; Taitsu America, Inc.; Shinyei Kaisha; Shinyei Technology Co., Ltd.; Shinyei Capacitor Co., Ltd.; Shinyei Corporation of America, Inc.; Nitsuko Electronics Corporation; Nissei Electric Co. Ltd.; Soshin Electric Co., Ltd.; Soshin Electronics of America Inc.; Shizuki Electric Co., Ltd.; American Shizuki Corporation; Toshin Kogyo Co., Ltd. All Persons in British Columbia who purchased Film Capacitors or a product containing Film a Capacitor during the Class Period. Court File No. 1272/16 CP THE HONOURABLE ) , THE DAY ▇▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ) OF , ▇▇▇▇ ▇ ▇ ▇ ▇ ▇ ▇ N : Plaintiff AVX CORPORATION; ▇▇▇▇ CO., LTD.; ▇▇▇▇ AMERICA INC.; HITACHI CHEMICAL CO., LTD.; HITACHI CHEMICAL COMPANY AMERICA, LTD.; HITACHI CANADA; HITACHI AIC INC.; KEMET CORPORATION; KEMET ELECTRONICS CORPORATION; MATSUO ELECTRIC CO., LTD.; NICHICON CORPORATION; NICHICON (AMERICA) CORPORATION; NIPPON CHEMI-CON CORPORATION; UNITED CHEMI-CON CORPORATION; NISSEI ELECTRIC CO. LTD.; NITSUKO ELECTRONICS CORPORATION; OKAYA ELECTRIC INDUSTRIES CO., LTD.; OKAYA ELECTRIC AMERICA, INC.; PANASONIC CORPORATION; PANASONIC CORPORATION OF NORTH AMERICA; PANASONIC CANADA INC.; SANYO ELECTRIC CO., LTD.; SANYO ELECTRONIC DEVICE (U.S.A.) CORP.; SANYO NORTH AMERICA CORPORATION; ROHM CO., LTD.; ROHM SEMICONDUCTOR U.S.A., LLC f/k/a ROHM ELECTRONICS U.S.A., LLC; RUBYCON CORPORATION; RUBYCON AMERICA INC.; SHINYEI KAISHA; SHINYEI TECHNOLOGY CO., LTD.; SHINYEI CAPACITOR CO., LTD.; SHINYEI CORPORATION OF AMERICA; SHIZUKI ELECTRIC CO., LTD.; AMERICAN SHIZUKI CORPORATION; SOSHIN ELECTRIC CO., LTD.; SOSHIN ELECTRONICS OF AMERICA INC.; TAITSU CORPORATION; TAITSU AMERICA, INC.; TOSHIN KOGYO CO., LTD.; HOLY STONE ENTERPRISE CO., LTD.; MILESTONE GLOBAL TECHNOLOGY, INC. d/b/a HOLYSTONE INTERNATIONAL; VISHAY INTERTECHNOLOGY, INC.; and VISHAY POLYTECH CO., LTD. f/k/a HOLYSTONE POLYTECH CO., LTD. ON READING the materials filed, including the settlement agreement dated , 2017 attached to this Order as Schedule “A” (the “Settlement Agreement”), and on hearing the submissions of counsel for the parties; AND ON BEING ADVISED that  has consented to being appointed as notice provider in accordance with the terms of this Order; 1. THIS COURT ORDERS that, except to the extent that they are modified in this Order, the definitions set out in the Settlement Agreement apply to and are incorporated into this Order. 2. THIS COURT ORDERS that the Ontario Action is certified as a class proceeding as against the Settling Defendants for settlement purposes only. 3. THIS COURT ORDERS that the Ontario Settlement Class is certified as follows: All Persons or entities in Canada who purchased Film Capacitors or a product containing a Film Capacitor between January 1, 2002 and December 31, 2014 other than BC Settlement Class members and Quebec Settlement Class members. 4. THIS COURT ORDERS that the following issue is common to the Ontario Settlement Class: Did the Settling Defendants conspire to fix, raise, maintain or stabilize the price of, or allocate markets and customers of, Film Capacitors directly or indirectly in Canada during the Class Period? If so, what damages, if any, did Settlement Class Members suffer? 5. THIS COURT ORDERS that the Plaintiff, ▇▇▇▇ ▇▇▇▇▇▇ is appointed as the representative plaintiff for the Ontario Settlement Class. 6. THIS COURT ORDERS that paragraphs 2, 3, 4 and 5 of this Order, the certification of this action against the Settling Defendants for settlement purposes and the definitions of the Ontario Settlement Class, Class Period and Common Issue, and any reasons given by the Court in connection with paragraphs 2, 3, 4, and 5 of this Order, are without prejudice to the rights and defences of the Non-Settling Defendants in connection with the ongoing Ontario Action and, without limiting the generality of the foregoing, may not be relied on by any person to establish jurisdiction, the criteria for certification (including class definition) or the existence or elements of the causes of action asserted in the Ontario Action, as against the Non-Settling Defendants. 7. THIS COURT ORDERS that Ontario Settlement Class members who wish to opt-out of this action must do so by sending a written election to opt-out, signed by the Person or the Person’s designee, together with the information required in the Settlement Agreement to Class Counsel or their duly appointed agent, by pre-paid mail, courier, fax or e-mail received on or before the Opt-Out Deadline. 8. THIS COURT ORDERS that any Ontario Settlement Class member who has validly opted-out of this action shall no longer participate or have the opportunity in the future to participate in this action or to share in the distribution of any funds received as a result of a judgment or settlement, and no further right to opt-out will be provided. 9. THIS COURT ORDERS that, within thirty (30) days of the Opt-Out Deadline, Ontario Counsel shall provide to the Defendants a report containing the names of each Person who has validly and timely opted-out of the Ontario Action, the reasons for the opt-out, if known, and a summary of the information delivered by such Persons pursuant to paragraph 7 above. 10. THIS COURT ORDERS that any Ontario Settlement Class member who has not validly opted-out of the Ontario Action will be bound by the Settlement Agreement as approved by the Court and may not opt-out of the Ontario Action in the future. 11. THIS COURT ORDERS AND DECLARES that each Ontario Settlement Class member who has not validly opted-out of this action shall be deemed to have consented to the dismissal as against the Settling Defendants and its Releasees of any Other Actions he, she or it has commenced, without costs and with prejudice. 12. THIS COURT ORDERS AND DECLARES that each Other Action commenced in Ontario by any Ontario Settlement Class member who has not validly opted-out of this action shall be and is hereby dismissed against the Settling Defendants and its Releasees, without costs and with prejudice. 13. THIS COURT ORDERS that the notice of certification and settlement approval hearing (the “Notice”) is hereby approved substantially in the form attached hereto as Schedule “B”. 14. THIS COURT ORDERS that the plan of dissemination of the Notice (the “Plan of Dissemination”) is hereby approved in the form attached hereto as Schedule “C” and that the Notice shall be disseminated in accordance with the Plan of Dissemination. 15. THIS COURT ORDERS that  is appointed to disseminate the Notice in accordance with the terms of this Order. 16. THIS COURT ORDERS that this Order is contingent upon parallel orders being made by the BC Court and the Québec Court, and the terms of this Order shall not be effective unless and until such orders are made by the BC Court and the Québec Court. The Honourable Justice ▇▇▇▇▇▇ ▇▇▇▇ ALLOTT v. AVX CORPORATION, et al. Court File No. 1272/16 CP Plaintiff Defendants ONTARIO SUPERIOR COURT OF JUSTICE PROCEEDINGS COMMENCED AT LONDON Proceeding Under the Class Proceedings Act, 1992 ORDER (Certification, Opt-Out and Notice Approval) ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ LLP ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ (LSUC #45087H) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (LSUC #56835D) Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ E-mail: ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Lawyers for the Plaintiff Court File No. 1272/16 CP THE HONOURABLE ) , THE DAY ▇▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ) OF , ▇▇▇▇ ▇ ▇ ▇ ▇ ▇ ▇ N : Plaintiff AVX CORPORATION; ▇▇▇▇ CO., LTD.; ▇▇▇▇ AMERICA INC.; HITACHI CHEMICAL CO., LTD.; HITACHI CHEMICAL COMPANY AMERICA, LTD.; HITACHI CANADA; HITACHI AIC INC.; KEMET CORPORATION; KEMET ELECTRONICS CORPORATION; MATSUO ELECTRIC CO., LTD.; NICHICON CORPORATION; NICHICON (AMERICA) CORPORATION; NIPPON CHEMI-CON CORPORATION; UNITED CHEMI-CON CORPORATION; NISSEI ELECTRIC CO. LTD.; NITSUKO ELECTRONICS CORPORATION; OKAYA ELECTRIC INDUSTRIES CO., LTD.; OKAYA ELECTRIC AMERICA, INC.; PANASONIC CORPORATION; PANASONIC CORPORATION OF NORTH AMERICA; PANASONIC CANADA INC.; SANYO ELECTRIC CO., LTD.; SANYO ELECTRONIC DEVICE (U.S.A.) CORP.; SANYO NORTH AMERICA CORPORATION; ROHM CO., LTD.; ROHM SEMICONDUCTOR U.S.A., LLC f/k/a ROHM ELECTRONICS U.S.A., LLC; RUBYCON CORPORATION; RUBYCON AMERICA INC.; SHINYEI KAISHA; SHINYEI TECHNOLOGY CO., LTD.; SHINYEI CAPACITOR CO., LTD.; SHINYEI CORPORATION OF AMERICA; SHIZUKI ELECTRIC CO., LTD.; AMERICAN SHIZUKI CORPORATION; SOSHIN ELECTRIC CO., LTD.; SOSHIN ELECTRONICS OF AMERICA INC.; TAITSU CORPORATION; TAITSU AMERICA, INC.; TOSHIN KOGYO CO., LTD.; HOLY STONE ENTERPRISE CO., LTD.; MILESTONE GLOBAL TECHNOLOGY, INC. d/b/a HOLYSTONE INTERNATIONAL; VISHAY INTERTECHNOLOGY, INC.; and VISHAY POLYTECH CO., LTD. f/k/a HOLYSTONE POLYTECH CO., LTD. , 2017 attached to this Order as Schedule “A” (the “Settlement Agreement”), and on hearing the submissions of counsel for the Plaintiff, counsel for the Settling Defendants and counsel for the Non-Settling Defendants in the Ontario Action; AND ON BEING ADVISED that the deadline for objecting to the Settlement Agreement has passed and there have been  objections to the Settlement Agreement; AND ON BEING ADVISED that the deadline for opting-out of the Ontario Action has passed, and there were  opt-outs; 1. THIS COURT ORDERS that, for the purposes of this Order, except to the extent that they are modified in this Order, the definitions set out in the Settlement Agreement apply to and are incorporated into this Order. 2. THIS COURT ORDERS that the Settlement Agreement is fair, reasonable and in the best interests of the Ontario Settlement Class. 3. THIS COURT ORDERS that the Settlement Agreement is hereby approved pursuant to s. 29 of the Class Proceedings Act, 1992 and shall be implemented and enforced in accordance with its terms. 4. THIS COURT ORDERS that this Order, including the Settlement Agreement, is binding upon each member of the Ontario Settlement Class including those Persons who are minors or mentally incapable and the requirements of Rules 7.04(1) and 7.08(4) of the Rules of Civil Procedure are dispensed with in respect of the Ontario Action. 5. THIS COURT ORDERS that, upon the Effective Date, subject to paragraph 10, each Releasor who has not validly opted-out of this action has released and shall be conclusively deemed to have forever and absolutely released the Releasees from the Released Claims. 6. THIS COURT ORDERS that, upon the Effective Date, each Releasor who has not validly opted-out of this action shall not now or hereafter institute, continue, maintain or assert, either directly or indirectly, whether in Canada or elsewhere, on their own behalf or on behalf of any class or any other Person, any action, suit, cause of action, claim or demand against any Releasee, or any other Person who may claim contribution or indemnity or other claims over relief from any Releasee, in respect of any Released Claim except for the continuation of the Proceedings against the Non-Settling Defendants or unnamed alleged co-conspirators that are not Releasees or, if the Proceedings are not certified or authorized, the continuation of the claims asserted in the Proceedings on an individual basis or otherwise against any Non-Settling Defendants or unnamed alleged co-conspirator that is not a Releasee. 7. THIS COURT ORDERS that the use of the terms “Releasors” and “Released Claims” in this Order does not constitute a release of claims by those members of the Ontario Settlement Class who are resident in any province or territory where the release of one tortfeasor is a release of all tortfeasors. 8. THIS COURT ORDERS that, upon the Effective Date, each member of the Ontario Settlement Class who is resident in any province or territory where the release of one tortfeasor is a release of all tortfeasors covenants and undertakes not to make any claim in any way nor to threaten, commence, participate in or continue any proceeding in any jurisdiction against the Releasees in respect of or in relation to the Released Claims. 9. THIS COURT ORDERS that if this Court ultimately determines that there is a right of contribution and indemnity or other claim over, whether in equity or in law, by statute or otherwise: (a) all claims for contribution, indemnity or other claims over, whether asserted, unasserted, or asserted in a representative capacity, inclusive of interest, taxes and costs, relating to the Released Claims, which were or could have been brought in the Proceedings or otherwise, or could in the future be brought on the basis of the same events, actions and omissions underlying the Proceedings or otherwise, by any Non-Settling Defendant, any named or unnamed alleged co-conspirator that is not a Releasee or any other Person or Party against a Releasee, are barred, prohibited and enjoined; (b) the Ontario Plaintiff and Ontario Settlement Class members shall not be entitled to claim or recover from the Non-Settling Defendants and/or named or unnamed alleged co-conspirators and/or any other Person or Party that is not a Releasee that portion of any damages (including punitive damages, if any), restitutionary award, disgorgement of profits, interest and costs (including investigative costs claimed pursuant to section 36 of the Competition Act) that corresponds to the Proportionate Liability of the Releasees proven at trial or otherwise; (c) the Ontario Plaintiff and Ontario Settlement Class members shall limit their claims against the Non-Settling Defendants and/or named or unnamed alleged co-conspirators and/or any other Person or party that is not a Releasee to include, and shall be entitled to recover from the Non-Settling Defendants and/or named or unnamed alleged co-conspirators and/or any other Person or Party that is not a Releasee, only such claims for damages (including punitive damages, if any), restitutionary award, disgorgement of profits, costs, and interest attributable to the aggregate of the several liability of the Non-Settling Defendants and/or named or unnamed alleged co-conspirat

  • Valid Execution This Agreement has been duly executed and delivered by the Company.

  • Representation of Executive The Executive represents and warrants that the Executive is not under any contractual or legal restraint that prevents or prohibits the Executive from entering into this Agreement or performing the duties and obligations described in this Agreement.

  • Representations of Executive Executive represents and warrants to the Company that Executive’s performance of Executive’s duties will not conflict with or result in a violation of, a breach of, or a default under any contract, agreement, or understanding to which Executive is a party or is otherwise bound. Executive’s performance of Executive’s duties will not violate any non-solicitation, non-competition, or other similar covenant or agreement of a prior employer or third-party.

  • Covenants of Executive The Company and the Executive recognize that the Executive's services are special and unique and that the provisions herein for compensation under Section 4 and Section 5 are partly in consideration of and conditioned upon the Executive's compliance with the covenants contained in this Section 9. Accordingly, during the Term of the Agreement and until the end of the Compensation Period (as defined in Section 4(a)(ii) herein), the Executive shall be subject to the covenants contained in Sections 9(b), 9(c) and 9(d) herein.