Common use of Agent’s option Clause in Contracts

Agent’s option. Before an arbitrator has been appointed by a Finance Party to determine a Dispute, the Agent may (and, if so directed by the Majority Lenders shall) by notice in writing to the Guarantor require that all Disputes or a specific Dispute be heard by a court of law. If the Agent gives such notice, the Dispute to which such notice refers shall be determined in accordance with Clause 13.5 (Jurisdiction).

Appears in 2 contracts

Samples: Open Joint Stock (Wimm Bill Dann Foods Ojsc), Wimm Bill Dann Foods Ojsc

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Agent’s option. Before an arbitrator has been appointed by a Finance Party to determine a Dispute, the Agent may (and, if so directed instructed by the Majority Lenders Lenders, shall) by notice in writing to the Guarantor Borrower require that all Disputes or a specific Dispute be heard by a court of law. If the Agent gives such notice, the Dispute to which such notice refers shall be determined in accordance with Clause 13.5 37 (Jurisdiction).

Appears in 2 contracts

Samples: Agreement (Mobile Telesystems Ojsc), Lillian Acquisition, Inc.

Agent’s option. Before an arbitrator has been appointed by the Finance Parties have filed, as the case may be, a Finance Party to determine a DisputeRequest for Arbitration or Response (in each case, as defined in the Rules) the Agent may (andand shall, if so directed instructed by the Majority Lenders shallLenders) by notice in writing to the Guarantor all other Parties require that all Disputes or a specific Dispute be heard by a court of law. If the Agent gives such notice, the Dispute to which such notice refers shall be determined in accordance with Clause 13.5 43.3 (Jurisdiction).

Appears in 2 contracts

Samples: Facility Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD)

Agent’s option. Before an arbitrator has been appointed by a Relevant Finance Party to determine a Dispute, the Agent may (and, if so directed instructed by the Relevant Majority Lenders Lenders, shall) by notice in writing to the Guarantor Borrower require that all Disputes or a specific Dispute be heard by a court of law. If the Agent gives such notice, the Dispute to which such notice refers shall be determined in accordance with Clause 13.5 8 (Jurisdiction).

Appears in 1 contract

Samples: And Transfer Agreement (Mobile Telesystems Ojsc)

Agent’s option. Before an arbitrator has been appointed by a Finance Party to determine a Dispute, the Agent (if acting on its own behalf) may (andand shall, when acting on behalf of the Lenders, if so directed instructed by the Majority Lenders shallLenders) by notice in writing to the Guarantor all other Parties require that all Disputes or a specific Dispute be heard by a court of law. If the Agent gives such notice, the Dispute to which such that notice refers shall be determined in accordance with Clause 13.5 39.1 (Jurisdiction).

Appears in 1 contract

Samples: Agreement (Golden Telecom Inc)

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Agent’s option. Before an arbitrator has been appointed by a Finance Party to determine a Dispute, the Agent may (and, if so directed instructed by the Majority Lenders Lenders, shall) by notice in writing to the Guarantor Borrower require that all Disputes or a specific Dispute be heard by a court of law. If the Agent gives such notice, the Dispute to which such notice refers shall be determined in accordance with Clause 13.5 10 (Jurisdiction).

Appears in 1 contract

Samples: Agreement (Open Joint Stock Co Vimpel Communications)

Agent’s option. Before an arbitrator has been appointed by a Finance Party to determine a Dispute, the Agent may (and, if so directed by the Majority Lenders Lenders, shall) by notice in writing to the Guarantor Borrower require that all Disputes or a specific Dispute be heard by a court of law. If the Agent gives such notice, the Dispute to which such notice refers shall be determined in accordance with Clause 13.5 36.5 (Jurisdiction).

Appears in 1 contract

Samples: Facility Agreement (Wimm Bill Dann Foods Ojsc)

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