Common use of Litigation Clause in Contracts

Litigation. Save as disclosed in paragraph (c) of Note 27 to the Financial Statements (page 92) of GSI's 2014 Annual Report, there have been no governmental, legal or arbitration proceedings (including any such proceedings which are pending or threatened of which GSI is aware) during the 12 months before the date of this Prospectus which may have, or have had in the recent past, significant effects on GSI.

Litigation. Save as disclosed in paragraph (c) "Legal Proceedings" of Note 27 22 to the GSI's 2016 Financial Statements (page 9276) of GSI's 2014 2016 Annual Report, there have been no governmental, legal or arbitration proceedings (including any such proceedings which are pending or threatened of which GSI is aware) during the 12 months before the date of this Prospectus which may have, or have had in the recent past, significant effects on GSI's financial position or profitability.