Common use of Litigation and Arbitration Clause in Contracts

Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$100,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable. (ii) No injunction has been granted against the Company. (iii) The Company is not subject to any order or judgment given by any court or governmental agency which is still in force. (iv) The Company has not given any undertaking to any court or to any third party arising out of any legal proceedings. (v) There is no matter or fact in existence which might give rise to any legal proceedings or arbitration involving the Company including any which might form the basis of any criminal prosecution against the Company. (vi) No current director, officer or employee of the Company has had a bankruptcy petition presented against him, is party to any arrangement or compromise under any insolvency legislation, or has been disqualified from acting as a director of a company for any period or has been convicted of or is at present or has been charged with and not acquitted of any criminal offence (other than traffic offences the subject of a fixed penalty fine). (vii) No governmental or other investigation or inquiry is in progress or threatened in respect of the Company or its business and there are no circumstances likely to lead to any of the same.

Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$100,000 RMB 50,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable. (ii) No injunction has been granted against the Company. (iii) The Company is not subject to any order or judgment given by any court or governmental agency which is still in force. (iv) The Company has not given any undertaking to any court or to any third party arising out of any legal proceedings. (v) There is no matter or fact in existence which might give rise to any legal proceedings or arbitration involving the Company including any which might form the basis of any criminal prosecution against the Company. (vi) No current director, officer or employee of the Company has had a bankruptcy petition presented against him, is party to any arrangement or compromise under any insolvency legislation, or has been disqualified from acting as a director of a company for any period or has been convicted of or is at present or has been charged with and not acquitted of any criminal offence (other than traffic offences the subject of a fixed penalty fine). (vii) No governmental or other investigation or inquiry is in progress or threatened in respect of the Company or its business and there are no circumstances likely to lead to any of the same.

Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$RM 100,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable. (ii) No injunction has been granted against the Company. (iii) The Company is not subject to any order or judgment given by any court or governmental agency which is still in force. (iv) The Company has not given any undertaking to any court or to any third party arising out of any legal proceedings. (v) There is no matter or fact in existence which might give rise to any legal proceedings or arbitration involving the Company including any which might form the basis of any criminal prosecution against the Company. (vi) No current director, officer or employee of the Company has had a bankruptcy petition presented against him, is party to any arrangement or compromise under any insolvency legislation, or has been disqualified from acting as a director of a company for any period or has been convicted of or is at present or has been charged with and not acquitted of any criminal offence (other than traffic offences the subject of a fixed penalty fine). (vii) No governmental or other investigation or inquiry is in progress or threatened in respect of the Company or its business and there are no circumstances likely to lead to any of the same.

Litigation and Arbitration. (i) Save as plaintiff in the collection of debts (not exceeding A$100,000 US$50,000 (or its equivalent in any other currency) in the aggregate) arising in the ordinary course of business, the Company is not now engaged in any litigation or arbitration proceedings and there are no lawsuits or arbitration proceedings pending or threatened by or against the Company or any person for whose acts or defaults the Company may be vicariously liable. (ii) No injunction has been granted against the Company. (iii) The Company is not subject to any order or judgment given by any court or governmental agency which is still in force. (iv) The Company has not given any undertaking to any court or to any third party arising out of any legal proceedings. (v) There is no matter or fact in existence which might give rise to any legal proceedings or arbitration involving the Company including any which might form the basis of any criminal prosecution against the Company. (vi) No current director, officer or employee of the Company has had a bankruptcy petition presented against him, is party to any arrangement or compromise under any insolvency legislation, or has been disqualified from acting as a director of a company for any period or has been convicted of or is at present or has been charged with and not acquitted of any criminal offence (other than traffic offences the subject of a fixed penalty fine). (vii) No governmental or other investigation or inquiry is in progress or threatened in respect of the Company or its business and there are no circumstances likely to lead to any of the same.