Austrian Airlines AG Sample Clauses

Austrian Airlines AG. Wien – Flughafen, Office Park 2, Austria, pursue its business activities in the Czech Republic by its registered branch: Austrian Airlines AG (organizační složka), with its registered office at Na Xxxxxxxx 000/0, Xxxxx Xxxxx, 000 00 Xxxxx 0, xxxxxxxxxxxx No.: 40615791, VAT No.: CZ40615791, registered in the Commercial Register administered by the Municipal Court Prague, file No. A 7521, represented by Head of the xxxxxx Xxxx Xxxxxxxx, (hereinafter ‘Tenant’) The Landlord and the Tenant are hereinafter jointly referred to as the ‘Parties’ or ‘Contracting Parties’ or individually as a ‘Party’ or ‘Contracting Party’. Pursuant to the provisions of Section 1746(2) of Act No. 89/2012 Coll., the Civil Code, as amended (hereinafter the ‘Civil Code’), the Parties have entered into the Agreement amending Contract reg. no. 0111002960 (hereinafter the ‘Contract’):
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  • Arbitration Disputes arising under or in connection with this Agreement that are not resolved pursuant to Section 5.1, including requests for specific performance, will be resolved through binding arbitration conducted pursuant to the rules of the International Court of Arbitration of the International Chamber of Commerce. The arbitration will be conducted in the English language and will occur in Los Angeles County, California. Any arbitration will be in front of a single arbitrator, unless (i) ICANN is seeking punitive or exemplary damages, or operational sanctions, (ii) the parties agree in writing to a greater number of arbitrators, or (iii) the dispute arises under Section 7.6 or 7.7. In the case of clauses (i), (ii) or (iii) in the preceding sentence, the arbitration will be in front of three arbitrators with each party selecting one arbitrator and the two selected arbitrators selecting the third arbitrator. In order to expedite the arbitration and limit its cost, the arbitrator(s) shall establish page limits for the parties’ filings in conjunction with the arbitration, and should the arbitrator(s) determine that a hearing is necessary, the hearing shall be limited to one (1) calendar day, provided that in any arbitration in which ICANN is seeking punitive or exemplary damages, or operational sanctions, the hearing may be extended for one (1) additional calendar day if agreed upon by the parties or ordered by the arbitrator(s) based on the arbitrator(s) independent determination or the reasonable request of one of the parties thereto. The prevailing party in the arbitration will have the right to recover its costs and reasonable attorneys’ fees, which the arbitrator(s) shall include in the awards. In the event the arbitrators determine that Registry Operator has been repeatedly and willfully in fundamental and material breach of its obligations set forth in Article 2, Article 6 or Section 5.4 of this Agreement, ICANN may request the arbitrators award punitive or exemplary damages, or operational sanctions (including without limitation an order temporarily restricting Registry Operator’s right to sell new registrations). Each party shall treat information received from the other party pursuant to the arbitration that is appropriately marked as confidential (as required by Section 7.15) as Confidential Information of such other party in accordance with Section 7.15. In any litigation involving ICANN concerning this Agreement, jurisdiction and exclusive venue for such litigation will be in a court located in Los Angeles County, California; however, the parties will also have the right to enforce a judgment of such a court in any court of competent jurisdiction.

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