Zonda Arbitration definition

Zonda Arbitration means the arbitration commenced in London, England by Samsung Heavy Industries Co., Ltd. on November 18, 2015 relating to the contract between Samsung Heavy Industries Co., Ltd. and the Company for the construction of the drillship known as the Pacific Zonda.
Sample 1Sample 2Sample 3
Zonda Arbitration means the arbitration commenced in London, England by Samsung Heavy Industries Co., Ltd. (“SHI”) on November 18, 2015 relating to the contract between SHI and the Company for the construction of a drillship known as the “Pacific Zonda”.
Sample 1Sample 2
Zonda Arbitration means the arbitration proceeding commenced by SHI against PDVIII and PDSI in London on November 18, 2015, in response to PDVIII’s rescission of the Zonda Construction Contract.
Sample 1

Examples of Zonda Arbitration in a sentence

  • However, the Proposed Plan contemplates the possibility of liquidation in the event the Zonda Plan Debtors do not Prevail in the Zonda Arbitration (as the terms “Prevail” and “Zonda Arbitration” are defined in the Proposed Plan).

  • A key characteristic of EIB is to strengthen the positive relationship between first and second language learning.Years of research in Latin American countries with a strong indigenous presence, such as Mexico, Guatemala, Ecuador, Peru, Colombia and Bolivia, has demonstrated that students who begin to learn in their mother-tongue also obtain better results in a second language.

  • For the avoidance of doubt, the Zonda Secured Claims will be disallowed if the Zonda Plan Debtors Prevail in the Zonda Arbitration.

  • The Zonda Arbitration could also result in a claim against the estates.

  • These are individuals aged between 20-35, who are also popularly termed by the media as 'Generation 'Gen Y' or 'Millennials' (Newenham, 2014).

  • The Zonda Arbitration has been progressing in front of a panel of three experienced attorneys for almost two years.

  • Last, PDVIII and SHI have prepared extensively for a hearing on the merits of the Zonda Arbitration and the interests of judicial economy weigh heavily in favor of allowing the parties to proceed.

  • As such, the outcome of the Zonda Arbitration could result in a sizeable claim either against or in favor of certain of the Debtors’ estates.

  • An award in the Zonda Arbitration would fully resolve issues of liability thereunder; resolving the claims subject to arbitration would therefore assist in administering the Debtors’ estates by providing finality to a contingent claim, and may result in an increase to the assets of certain of the Debtors’ estates.

  • On the Effective Date, pursuant to sections 1141(b) and (c) of the Bankruptcy Code, if the Zonda Plan Debtors Prevail in the Zonda Arbitration, all property of each Zonda Plan Debtor’s Estate, including, but not limited to, all rights, claims, and Causes of Action, shall vest in such Reorganized Zonda Debtors free and clear of all Claims, liens, encumbrances, charges, and other interests, except as provided pursuant to the Plan or this Confirmation Order.

Related to Zonda Arbitration

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

  • UNCITRAL Arbitration Rules means the Arbitration Rules of the United Nations Commission on International Trade Law, as revised in 2010.

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Arbitration Board has the meaning set forth in Section 9.10.

  • 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 Panel shall have the meaning set forth in Section 3 hereof.

  • Arbitration Act means the Arbitration and Conciliation Act, 1996 and shall include modifications to or any re-enactment thereof, as in force from time to time;

  • JAMS means JAMS, Inc. or its successor entity, a judicial arbitration and mediation service.

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

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

  • Arbitration Rules means the AAA’s Commercial Arbitration Rules and Mediation Procedures.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Dispute Resolution Process means the process described in clause 9

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.