Arbitration Proceeds definition

Arbitration Proceeds means the actual proceeds received in cash by a Group Company in respect of any arbitration or litigation award granted in favour of such Group Company relating to any future arbitration commenced after the First Issue Date in relation to the wrongful termination of a contract prior to the First Issue Date minus all related taxes, expenses, legal and other advisor fees and provisions for liability.
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Arbitration Proceeds means all present and future proceeds, after reduction for Applicable Taxes, paid, recovered or otherwise received by the Company or any of its subsidiaries pursuant to or in respect of any settlement, award, collection, sale, disposition or any other monetization of or relating to the Arbitration Proceedings or any other present or future claim, action, arbitration, litigation or other proceeding relating to the Company's claims against the Bolivarian Republic of Venezuela in respect of its investments in the Brisas Project and Choco 5 exploration stage property (excluding any pledge, mortgage, hypothecation or grant of a security interest made by the Company for the purpose of financing the Company’s operating expenses and/or expenses incurred in connection with the Arbitration Proceedings). For the avoidance of doubt, Arbitration Proceeds may include cash, commodities, bonds, shares or any other consideration received by the Company or any of its subsidiaries
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Arbitration Proceeds all present and future proceeds paid, recovered or otherwise received by the Borrower or any of its Subsidiaries pursuant to or in respect of any settlement, award, collection, sale, disposition or any other monetization of or relating to the Arbitration Proceeding or any other present or future claim, action, arbitration, litigation or other proceeding relating to the Borrower’s claims against the Bolivarian Republic of Venezuela in respect of its investment in the Las Cristinas mines.
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Examples of Arbitration Proceeds in a sentence

  • The Borrower shall pay interest accrued on the Loan on the earlier of (a) the Maturity Date and (b) the receipt by the Borrower of Arbitration Proceeds as provided by paragraph (d) of the section of Exhibit F titled “Order of Application of Arbitration Proceeds”.

  • At Borrower's sole cost and expense, Borrower shall: (a) monitor and supervise the performance of, and payments by, PM under the PM Sales Agency Agreement and all Licensees under License Agreements; (b) monitor and supervise the performance of, and payments by, Loma▇ ▇▇▇er the Loma▇ ▇▇▇n Agreement and other Loma▇ ▇▇▇n Documents; and (c) prosecute and defend all Arbitration Proceedings and monitor and enforce payment of all Arbitration Proceeds.

  • The Company Arbitration Proceeds shall be calculated based solely on any amounts actually paid to the Purchaser Parties and shall exclude, any amounts awarded or otherwise paid to R-Tech Ueno, Ltd.

  • The Net Arbitration Proceeds shall be considered a General Asset of the Company.


More Definitions of Arbitration Proceeds

Arbitration Proceeds means all gross proceeds, whether by way of arbitration award, judgment or settlement, paid or payable to or for the benefit of Agent, Lenders or Borrower, of any Third Party Claim (including, but not limited to, any proceeding to enforce an arbitration award or settlement agreement).
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Related to Arbitration Proceeds

  • Arbitration means any arbitration whether or not administered by a permanent arbitral institution;

  • Agreement Disputes shall have the meaning set forth in Section 10.1.

  • Arbitration Tribunal means an organ composed of an odd number of persons known as arbitrators, who decide on the solution of a conflict in which the parties have expressly waived recourse to the ordinary civil courts

  • Arbitration Award shall have the meaning given such term in Section 22.5.

  • Dispute Resolution Process means the process described in clause 9