Currency Correction. In considering what sums of money have been expended by the Contractors in rendering the services and/or in fixing the amount of the Award and/or Appeal Award the Arbitrator or Appeal Arbitrator shall to such an extent and insofar as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination of the services and the date on which the Award or Appeal Award is made.
Currency Correction. Where at any time the Loan or an Advance is outstanding in one or more Optional Currencies and the Bank by notice given to the Borrower pursuant to clause 17 (a “Currency Correction Notice”) certifies to the Borrower (which Currency Correction Notice shall in the absence of manifest error be conclusive and binding on the Borrower) that the Equivalent Amount in Dollars of the Loan then outstanding (less any amount standing to the credit of the Multicurrency Cash Collateral Account) exceeds by ten per cent (10%) or more (the “excess amount”), the Dollar Amount on the date of such Currency Correction Notice, the Borrower shall, within five (5) Banking Days from the date of such Currency Correction Notice, pay to the Multicurrency Cash Collateral Account, an additional (to any amount already standing to the credit of the Multicurrency Cash Collateral Account before such deposit being made) amount in Dollars equal to the excess amount.
Currency Correction. In considering what sums of money have been expended by the Contractors in rendering the services and/or in fixing the amount of the award and/or appeal award the Arbitrator or Appeal Arbitrator shall to such an extent and insofar as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination of the services and the date on which the award or appeal award is made.
Currency Correction. Where at any time the Loan is outstanding in one or more Optional Currencies and/or Dollars and the Bank by notice given to the Borrower pursuant to clause 17 (a “Currency Correction Notice”) certifies to the Borrower (which Currency Correction Notice shall in the absence of manifest error be conclusive and binding on the Borrower) that the Equivalent Amount in Dollars of the Loan then outstanding (less any amount standing to the credit of the Cash Collateral Account) exceeds by ten per cent (10%) or more (the “excess amount”), the Dollar Amount on the date of such Currency Correction Notice, the Borrower shall, within five (5) Banking Days from the date of such Currency Correction Notice, pay to the Cash Collateral Account such amount in Dollars as shall be necessary to ensure that the minimum balance standing to the credit of the Cash Collateral Account is equal to the excess amount.
Currency Correction. In considering what sums of money have been expended by the Contractor in rendering the ser- vices and/or in fixing the amount of the Award and/or Interim Award(s) and/or Award on Appeal the Arbitrator or Appeal Arbitrator(s) shall to such an extent and in so far as it may be fair and just in all the circumstances give effect to the conse- quences of any change or changes in the relevant rates of exchange which may have occurred between the date of ter- mination of the services and the date on which the Award and/or Interim Award(s) and/or Award on Appeal is made. ПРОЦЕНТНАЯ СТАВКА ГОДОВЫХ 11. Заинтересованность. Процентные ставки годовых уста- навливаются арбитром (если не подана апелляция в по- рядке. указанном в настоящем Соглашении) и начисляются на любую присужденную сумму за вычетом любых сумм, уплаченных авансом: (i) со дня даты завершения спасательной операции, если только арбитр по своему усмотрению не примет другого решения до даты объявления Советом решения и/или промежуточного решения, (ii) по истечении 21 дня (исключая субботние и воскресные дни или другие дни, рассматриваемые Xxxxxxx как нера- бочие) со дня объявления Советом решения и/или проме- жуточного решения по день получения платежа спасате- лем или Советом Xxxxxx, включая обе даты. Для цели подпункта (ii) выражение "назначенная сумма", должна включать платы и расходы, упомянутые в пункте 10 (b).
Currency Correction. In considering what sums of money have been expended by the Contractor in rendering the services and/or in fixing the amount of the Award and/or Interim Award(s) and/or Award on Appeal the Arbitrator or Appeal Arbitrator(s) shall to such an extent and in so far as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination of the services and the date on which the Award and/or Interim Award(s) and/or Award on Appeal is made.
(a) Notice of Appeal if any shall be given to the Council within 14 days (exclusive of Saturdays and Sundays or other days observed as general holidays at Lloyd's) after the date of the publication by the Council of the Award and/or Interim Award(s).
(b) Notice of Cross-Appeal if any shall be given to the Council within 14 days (exclusive of Saturdays and Sundays or other days observed as general holidays at Lloyd's) after notification by the Council to the parties of any Notice of Appeal. Such notification if sent by post shall be deemed received on the working day following the day of posting.
(c) Notice of Appeal or Cross-Appeal shall be given to the Council by letter telex facsimile or in any other permanent form.
(d) Upon receipt of Notice of Appeal the Council shall refer the Appeal to the hearing and determination of the Appeal Arbitrator(s) selected by it.
(e) If any Notice of Appeal or Cross-Appeal is withdrawn the Appeal hearing shall nevertheless proceed in respect of such Notice of Appeal or Cross-Appeal as may remain.
(f) Any Award on Appeal shall be final and binding on all the parties to that Appeal Arbitration whether they were represented either at the Arbitration or at the Appeal Arbitration or not.
(a) The Appeal Arbitrator(s) in addition to the powers of the Arbitrator under clauses 10(a) and 11 shall have power to:-
(i) admit the evidence which was before the Arbitrator together with the Arbitrator's notes and reasons for his Award and/or Interim Award(s) and any transcript of evidence and such additional evidence as he or they may think fit.
(ii) confirm increase or reduce the sum awarded by the Arbitrator and to make such order as to the payment of interest on such sum as he or they may think fit.
(iii) confirm revoke or vary any order and/or Declaratory Award made by the Arbitrator.
(iv) award interest on any fees and expenses charged under paragraph (b) of this clause from the ...
Currency Correction. In considering whatsumsof money have been expended by the Contractors in rendering the services and/or infixing the amount of the Award and/or Appeal Award the Arbitrator or Appeal Arbitrator shall to such an extent and insofar as it may be fair and just in all the circumstances give effect to the consequences of any change or changes in the relevant rates of exchange which may have occurred between the date of termination ofthe services and the date on which the Award or Appeal Award is made.
