Immunity from Judicial Proceedings Sample Clauses

Immunity from Judicial Proceedings. 1. The Bank shall enjoy immunity from every form of legal process, except in cases arising out of or in connection with the exercise of its powers to raise funds, through borrowings or other means, to guarantee obligations, or to buy and sell or underwrite the sale of securities, in which cases actions may be brought against the Bank only in a court of competent jurisdiction in the territory of a country in which the Bank has an office, or has appointed an agent for the purpose of accepting service or notice of process, or has issued or guaranteed securities. 2. Notwithstanding the provisions of paragraph 1 of this Article, no action shall be brought against the Bank by any member, or by any agency or instrumentality of a member, or by any entity or person directly or indirectly acting for or deriving claims from a member or from any agency or instrumentality of a member. Members shall have recourse to such special procedures for the settlement of controversies between the Bank and its members as may be prescribed in this Agreement, in the by-laws and regulations of the Bank, or in the contracts entered into with the Bank. 3. Property and assets of the Bank shall, wheresoever located and by whomsoever held, be immune from all forms of seizure, attachment or execution before the delivery of final judgment against the Bank.
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Immunity from Judicial Proceedings. 1. The Bank shall enjoy immunity from every legal process except in cases arising out of or in connection with the exercise of its powers to borrow money, to guarantee obligations, or to buy and sell or underwrite the sale of securities, in which cases actions may be brought against the Bank in a court of competent jurisdiction in the territory of the BSEC Participating State in which the Bank has its Headquarters or in any country where the Bank has appointed an agent for the purpose of accepting service or notice of process or has issued or guaranteed securities. 2. Notwithstanding the provisions of Paragraph 1 of this Article, no action shall be brought against the Bank by any Member, or by any agency or instrumentality of a Member, or any entity or person directly or indirectly acting for or deriving claims from a Member, or from any agency or instrumentality of the Member. Members shall have recourse to such special procedures for the settlement of controversies between the Bank and its Members as may be prescribed in this Agreement, in the by-laws and regulations of the Bank, or in contracts entered into with the Bank. 3. Property and assets of the Bank shall, wheresoever located and by whomsoever held, be immune from all forms of seizure, attachment or execution before the delivery of final judgment against the Bank.
Sample 1Sample 2
Immunity from Judicial Proceedings. 1. The Bank shall enjoy immunity from every form of legal process, except that the immunity of the Bank shall not apply: (a) to the extent that the Bank shall have expressly waived any such immunity in any particular case or in any written document; (b) in respect of a civil action arising out of or in connection with its powers to raise funds, through borrowings or other means, to guarantee obligations, or to buy and sell or underwrite the sale of securities; (c) in respect of the enforcement of an arbitration award made against the Bank as a result of an express submission to arbitration by or on behalf of the Bank; (d) in respect of a civil action brought by a third party for damages arising from an accident in the People’s Republic of China caused by a vehicle belonging to the Bank or operated on its behalf; or (e) in respect of any counter-claim directly connected with court proceedings initiated by the Bank. 2. Notwithstanding the provisions of paragraph 1 of this Article, no action shall be brought against the Bank by the Government, or by any agency or instrumentality of the Government, or by any entity or person directly or indirectly acting for or deriving claims from the Government or from any agency or instrumentality of the Government. The Government shall have recourse to such special procedures for the settlement of controversies between the Bank and its members as may be prescribed in the Articles of Agreement of the Bank, in the by-Laws and regulations of the Bank or in contracts entered into with the Bank. 3. The property and assets of the Bank, wheresoever located and by whomsoever held, shall be immune from all forms of restraint, seizure, attachment or execution except upon the delivery of final judgment against the Bank.
Sample 1Sample 2
Immunity from Judicial Proceedings. 1. The Fund shall enjoy immunity from every form of legal process, except in cases arising out of or in connection with the exercise of its powers to borrow money, to guarantee obligations or to buy and sell or underwrite the sale of securities, in which cases actions may be brought against the Fund in a court of competent jurisdiction in the territory of a country in which the Fund has its principal or a branch office, or has appointed དགོས་དོན། མ་དངུལ་ཡིག་ཚང་འདི་གིས་དགོས་དོན་ཚུ་ དོན་སྨིན་ཅན་སྦེ་འགྲུབ་ཚུགས་ནི་དང་ འགན་ཁག་ཕོག་པའི་བྱ་སྒོ་ཚུ་ ལག་ལེན་ འཐབ་ནིའི་དོན་ལས་ གནས་འབབ་དང་ ཁེ་དབང་ཡངས་ཆག་ དེ་ལས་ བཀག་ཆ་འཁོད་ཡོད་མི་འདི་ འབྲུག་རྒྱལ་ཁབ་ཀྱི་ ཁྱབ་དབང་ནང་འཁོད་ཀྱི་ མ་དངུལ་ཡིག་ཚང་གི་དོན་ལུ་ཡོད། མ་དངུལ་ཡིག་ཚང་འདི་གིས་ དམིགས་བསལ་དུ་གཤམ་འཁོད་ཀྱི་ཁྲིམས་དོན་ཚུ་དང་འཁྲིལ་ འབད་ཆོགཔ་དེ་ཡང་། (ཀ) ཁ་འབག་གན་འཛིན་དང་། (ཁ) འགུལ་སྤོད་ཀྱི་ཅ་ཆས་མཁོ་སྒྲུབ་དང་བཀོག་ནི། (ག) མ་དངུལ་ཡིག་ཚང་གིས་དགོས་དོན་ཚུ་ དོན་སྨིན་ཅན་སྦེ་འགྲུབ་ནིའི་ནང་དགོས་མཁོ་འཐོན་ཚེ་ ས་གཞི་དང་ གཞན་ འགུལ་མེད་ཀྱི་ཅ་ཆས་མཁོ་སྒྲུབ་འབད་ནི་དང་བཀོག་ནི་ དེ་ལས་ མ་དངུལ་ཡིག་ཚང་འདི་གི་བྱ་སྒོ་ཚུ་ འབྲུག་གཞུང་ གི་ཁྲིམས་ལུགས་དང་འཁྲིལ་ཏེ་འཐབ་དགོ། (ང) ཁྲིམས་མཐུན་གྱི་བྱ་རིམ་གཞི་བཙུགས་འབད་ནི། ༡. མ་དངུལ་ཡིག་ཚང་གིས་དབང་ཚད་ཏི་རུ་བསྐྱི་ནི་ འགན་ལེན་གྱི་ཁས་ལེན་འགན་སྤོད་ཕོག་ལམ་ ཡང་ན་ ཉོ་བཙོང་ ཡང་ན་ ཉེན་འགན་ལེན་ནི་ཚོང་སྒྱུར་ལས་ རྩོད་རྙོག་འབྱུང་པ་ཅིན་ མ་དངུལ་ཡིག་ཚང་གི་གཙོ་བོ་ ཡང་ན་ ཞབས་ ཏོག་བྱིན་ནི་དོན་ལུ་ བསྐོ་བཞག་འབད་བའི་ངོ་ཚབ་ཚུ་ གཞི་བཙུགས་ཡོད་པའི་རྒྱལ་ཁབ་ནང་གི་ཁྲིམས་ཀྱི་འདུན་ས་ an agent for the purpose of accepting service or notice of process, or has issued or guaranteed securities. 2. Notwithstanding the provisions of paragraph 1 of this Article, no action shall be brought against the Fund by the Kingdom of Bhutan, or by any agency or instrumentality of the Kingdom of Bhutan, or by any entity or person directly or indirectly acting for or deriving claims from the Kingdom of Bhutan or from any agency or instrumentality of the Kingdom of Bhutan. 3. Property of the Fund shall, wheresoever located and by whomsoever held, be immune from all forms of seizure, attachment or execution before the delivery of final judgment against the Fund.
Sample 1
Immunity from Judicial Proceedings. 1. Within the scope of its Official Activities the Bank shall enjoy immunity from jurisdiction, except that the immunity of the Bank shall not apply: a) to the extent that the Bank shall have expressly waived any such immunity in any particular case or in any written document; b) in respect of civil action arising out of the exercise of its powers to borrow money, to guarantee obligations and to buy or sell or underwrite the sale of any securities; c) in respect of a civil action by a third party for damage arising from a road traffic accident caused by a Person Connected with the Bank, acting on behalf of the Bank; d) in respect of a civil action relating to death or personal injury caused by an act or omission, in the Hellenic Republic, of the Bank or a Person Connected with the Bank; e) in respect of the enforcement of an arbitration award made against the Bank as a result of an express submission to arbitration by the Bank; or f) in respect of any counter-claim directly connected with court proceedings initiated by the Bank. 2. The property and assets of the Bank shall, wheresoever located and by whomsoever held, be immune from all forms of restraint, seizure, attachment or execution except upon the delivery of final judgement against the Bank.
Sample 1
Immunity from Judicial Proceedings. SECTION 5 The Bank shall enjoy immunity from every form of legal process, except in cases arising out of or in connection with the exercise of its powers to borrow money, to guarantee obligations, or to buy and sell or underwrite the sale of securities, in which cases actions may be brought against the Bank in a court of competent jurisdiction in the Republic of the Philippines. SECTION 6 Notwithstanding the provisions of Section 5 of this Article, no action shall be brought against the Bank by the Government, or by any of its agencies or instrumentalities or by any entity or person directly or indirectly acting for or deriving claims, from the Government or from any of its agencies or instrumentalities. The Government shall have recourse to such special procedures for the settlement of controversies between the Bank and its Members as may be prescribed in the Agreement Establishing the Asian Development Bank, in the ByLaws and regulations of the Bank or in contracts entered into with the Bank. SECTION 7 Property of the Bank shall, wherever located and by whomever held, be immune from all forms of seizure, attachment or execution before the delivery of final judgment against the Bank.
Sample 1

Related to Immunity from Judicial Proceedings

  • Judicial Proceedings (a) The Teekay Parties irrevocably (i) agree that any legal suit, action or proceeding against the Teekay Parties arising out of or based upon this Agreement, the transactions contemplated hereby or alleged violations of the securities laws of the United States or any state in the United States may be instituted in any New York court, (ii) waive, to the fullest extent it may effectively do so, any objection which it may now or hereafter have to the laying of venue of any such proceeding in any New York court and (iii) submits to the exclusive jurisdiction of such courts in any such suit, action or proceeding. Each of the Teekay Parties has appointed Xxxxxx, Xxxxxx & Xxxxxxxx, New York, New York, as its authorized agent (the “Authorized Agent”), upon whom process may be served in any such action arising out of or based on this Agreement, the transactions contemplated hereby or any alleged violation of the securities laws of the United States or any state in the United States which may be instituted in any New York court, expressly consents to the jurisdiction of any such court in respect of any such action, and waives any other requirements of or objections to personal jurisdiction with respect thereto. Such appointment shall be irrevocable. The Teekay Parties represent and warrant that the Authorized Agent has agreed to act as such agent for service of process and agrees to take any and all action, including the filing of any and all documents and instruments, that may be necessary to continue such appointment in full force and effect as aforesaid. Service of process upon the Authorized Agent and written notice of such service to the Teekay Parties shall be deemed, in every respect, effective service of process upon the Teekay Parties. (b) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder into any currency other than United States dollars, the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Underwriters could purchase United States dollars with such other currency in the City of New York on the business day proceeding that on which final judgment is given. The obligations of the Teekay Parties in respect of any sum due from it to the Underwriters shall, notwithstanding any judgment in a currency other than United States dollars, not be discharged until the first business day, following receipt by the Underwriters of any sum adjudged to be so due in such other currency, on which (and only to the extent that) the Underwriters may in accordance with normal banking procedures purchase United States dollars with such other currency; if the United States dollars so purchased are less than the sum originally due to the Underwriters hereunder, the Teekay Parties agree, as a separate obligation and notwithstanding any such judgment, that the party responsible for such judgment shall indemnify the Underwriters against such loss. If the United States dollars so purchased are greater than the sum originally due to the Underwriters hereunder, the Underwriters agree to pay to the Teekay Parties an amount equal to the excess of the dollars so purchased over the sum originally due to the Underwriters hereunder.

  • Limitation on Judicial Council 's Liability The Judicial Council will not be responsible for loss or damage to any non-Judicial Council equipment or property arising from causes beyond the Judicial Council's control. In any event, the Judicial Council's responsibility for repairs and liability for damages or loss shall be limited to that made necessary by or resulting from the negligent acts or omissions of the Judicial Council or its officers, employees, or agents. The Judicial Council will not be liable for any charges incurred in connection with this Program, or any Judicial Council activities, unless expressly provided for under this Agreement.

  • Litigation; Governmental Proceedings There is no action, suit, proceeding, inquiry, arbitration, investigation, litigation or governmental proceeding pending or, to the Company’s knowledge, threatened against, or involving the Company or, to the Company’s knowledge, any executive officer or director which has not been disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus or in connection with the Company’s listing application for the listing of the Public Securities on the Exchange.

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