Litigations Sample Clauses
Litigations. The Issuer shall, promptly upon becoming aware of them, send the Bond Trustee such relevant details of any:
(i) material litigations, arbitrations or administrative proceedings which have been started by or against any Group Company; and
(ii) other events which have occurred which have had or would reasonably be expected to have a Material Adverse Effect, as the Bond Trustee may reasonably request.
Litigations. Art. 37. Any litigation occurring between the parties in connection with signing, concluding, terminating or construing this Agreement and which cannot be amicably settled shall be referred to the competent Romanian courts of law.
Litigations. There are no actions, suits, proceedings or investigations pending or, to the Borrower's knowledge, threatened by or before any court or any governmental authority, body or agency or any arbitration board which are reasonably likely to materially adversely affect the business, property, assets, financial position or results of operations of the Borrower or the authority or ability of the Borrower to perform its obligations under this Agreement or the Notes.
Litigations. The parties agree to put maximum effort into solving any disagreement, i.e. dispute in connection with this Agreement through discussion and mutual compromise.
Litigations. 9.1. If you have any reasons to believe that a Transaction for which your Card was used is unauthorized or was executed on your Account by mistake, you must contact the Customer Service department, by calling 000 000 00 00.
Litigations. The present Agreement is governed by the law of The Netherlands. Any litigation regarding the clauses of the present Agreement which cannot be solved amicably will be solved by the law courts located in The Netherlands.
Litigations. If you are not satisfied with the solution to your complaint, or if the created litigation cannot be settled amiably, you have the option to report to the National Authority for Management and Regulation in Communications of Romania (ANCOM), or to use other extra-judicial procedures to settle litigations (for example: mediation), as well as to address to the relevant courts of law.
Litigations. The Parties shall endeavor to settle any dispute amicably. If they fail, and the subject of the discussion is legal, the parties will address the court in the area where the Organizer has its registered office.
Litigations. As at March 31, 2022 , The Group have a total of 15 lawsuits with significant changes during the periods as follow : Amount (Million Baht) Status of the Cases Remark
Litigations. 39.1 On December 6, 2011, a government agency sent a letter to a bank asking to hold the bank guarantee of Baht 20 million that the Company deposited as the mortgage since the said agency claimed that the Company failed to perform according to the contract. On December 29, 2011, the Company filed the abovementioned agency and its parties to the Central Administrative Court for the sentence of releasing the captioned bank guarantee with the compensation charge in total Baht 27.5 million plus the interest rate of 7.5 % per annum including any related fee from the next day of filing date until completion of payment since the Company considered that such a claim was not caused by the Company’s fault. On the contrary, the Company could not perform according to the contract due to the law of restricted areas. On May 20, 2015, the Central Administrative Court had rendered judgement and ordered the government agency to return the Baht 20 million bank guarantee dated 31 August 2007 to the Company under the condition that both the Company and bank jointly shared the responsibility to pay the total of Baht 10 million plus the interest rate of 7.5 % per annum from the next day of filing date (29 December 2011) until completion of payment or within 60 days starting from the date of final judgement whereas all remaining parts to be dismissed. On June 19, 2015, the government agency made an appeal to the Central Administrative Court and later on October 16, 2015, the Company made an appeal clarification to the court. Presently, the Central Administrative Court is considering the appeal clarification. However, the Company has already recorded the contingent liabilities of Baht 20 million arisen in the financial statements.
39.2 On December 4, 2007, the subsidiary filed a suit to the Central Administrative Court against a government agency (litigant) in order for payment of a penalty charge of Baht 13.4 million for termination of construction contract by deducting the advance payment of Baht 7.7 million as per the contract and the total of damages to be paid Baht 6.1 million plus the interest rate of 7.5% per annum starting from the filing date until the completion of payment. However, the litigant submitted its pleading to the Central Administration Court on August 20, 2008 claiming that the amount of damages was overrated and the third resolution of the Compensation Committee was made on July 16, 2008 to order the government agency to pay the compensation of Baht 0.8 mil...