Security for Costs. 1. For greater certainty, the Tribunal may, upon request, order the claimant to provide security for all or a part of the costs if there are reasonable grounds to believe that the claimant risks not being able to honour a possible decision on costs issued against the claimant.
2. If the security for costs is not provided in full within 30 days of the Tribunal's order, or within any other time period set by the Tribunal, the Tribunal shall so inform the disputing parties. The Tribunal may order the suspension or termination of the proceedings.
Security for Costs. If the potential costs associated with the actions required in Section 3.1, the release of any lien against the Property, and the release or other satisfaction of the liability, if any, of any of the Indemnitors with respect to the Property arising under or related to any of the Environmental Laws or any Environmental Enforcement Action are determined by Agent, in good faith, to exceed $500,000.00, Agent shall have the right to require the Indemnitors to provide, and the Indemnitors shall provide, within thirty (30) days after written request therefor, a bond, letter of credit or other similar financial assurance, in form and substance satisfactory to Agent, in its good faith judgment, evidencing, to Agent's reasonable satisfaction, that the necessary financial resources will be unconditionally available to pay for all of the foregoing.
Security for Costs. Upon any party's request, the arbitrator(s) may require the other party(ies) to deposit security (such as a bank guarantee) for the arbitration expenses. In considering whether to grant such an order against a non-Israeli party, the arbitrator(s) shall not take into consideration that such party is based or domiciled outside of Israel or that such party does not have assets in Israel. Any order granted pursuant to this section 3.4 shall be in writing and shall set forth its reasoning.
Security for Costs. 1. Upon request by the disputing Party, the tribunal may order the disputing investor to post security for all or a part of the costs, if there are reasonable grounds to believe that the disputing investor risks not being able to honour a possible decision on costs issued against it.
2. If the security for costs is not posted in full within 30 days after the tribunalâs order or within any other time period set by the tribunal, the tribunal shall so inform the disputing parties. The tribunal may order the suspension or termination of the proceedings.
Security for Costs. (a) The security for costs pursuant to clauses 5,6 or 7 shall be in a form which has the prior approval of
Security for Costs. If the potential costs associated with the actions required in Section 4.1, the release of any unpermitted lien against all or any portion of the Property and/or the release or other satisfaction of the liability, if any, of Indemnitors with respect to all or any portion of the Property arising under or related to any of the applicable Environmental Laws or any Environmental Enforcement Action are determined by Agent, in good faith, to exceed $1,000,000.00, Agent shall have the right (in addition to any other right or remedy) to require Indemnitors to provide, and Indemnitors shall provide within thirty (30) days after written request therefor, a bond, letter of credit or other similar financial assurance, in form, amount and substance reasonably satisfactory to Agent, in its good faith judgment based on the reasonably estimated costs for such matter, evidencing to Agent’s reasonable satisfaction that the necessary financial resources will be unconditionally available to pay for all of the foregoing.
Security for Costs. Notwithstanding anything to the contrary in a Sale Contract or in any terms and conditions incorporated in the same, any claim against the Seller or the Supplier shall be deemed to be irrevocably abandoned if, within fourteen (14) calendar days of commencement of proceedings or arbitration, the Buyer has not arranged security for costs in favour of the Seller and in an amount at least equal to the quantum of the Buyer’s claim by way of a First Class European bank Letter of Guarantee. This is without prejudice to the Seller's right to demand security for any claim/counterclaim against the Buyer.
Security for Costs. 1. For greater certainty, upon request by the respondent, the Tribunal may order the claimant to provide security for all or a part of the costs if there are reasonable grounds to believe that the claimant risks not being able to honour a possible decision on costs issued against it.
2. If the security for costs is not provided in full within 30 days after the Tribunalâs order or within any other time period set by the Tribunal, the Tribunal shall so inform the disputing parties. The Tribunal may order the suspension or termination of the proceedings.
3. The Tribunal shall consider all evidence adduced in relation to the circumstances in paragraph (1), including the existence of third-party funding.
Security for Costs. To the extent that the Chargor may, in any suit, action or proceeding brought in a court in any jurisdiction arising out of or in connection with this Mortgage or the Secured Liabilities be entitled to the benefit of any provision of law requiring the Lender in such suit, action or proceeding to post security for the costs of the Chargor, or to post a bond or take similar action, the Chargor hereby irrevocably waives any such benefit, in each case to the fullest extent now or hereafter permitted under the laws of such jurisdiction. This Mortgage is governed by Cayman Islands law. (the Company) We, Xxx Xxxx Capital Cayman (the Transferor), for good and valuable consideration received by us from of (the Transferee), do hereby:
(1) transfer to the Transferee the ___________________________ class A ordinary shares shares of USD$0.01 nominal or par value standing in our name in the Register of Members of the Company, free of any liens, encumbrances or other restrictions thereon; and
(2) consent that our name remains on the Register of Members of the Company until such time as the Company enters the Transferee’s name in the Register of Members of the Company. This Share Transfer may be executed in counterparts each of which when executed and delivered shall constitute an original but all such counterparts together shall constitute one and the same instrument. This Share Transfer is governed by Cayman Islands law. SIGNED for and on behalf of the Xxx Xxxx Capital Cayman as transferor: ) ) ) Duly Authorised Signatory ) ) Name: ) Title: And the Transferee hereby agrees to take the Shares. SIGNED for and on behalf of the Transferee: ) ) ) Duly Authorised Signatory ) ) Name: ) ) Title: (the Company) We, Xxx Xxxx Capital Cayman, irrevocably appoint China Minsheng Bank Corp., Ltd. (China Minsheng Bank) as our:
(1) proxy to vote at meetings of the members of the Company in respect of the __________________________________ class A ordinary shares in the Company (the Shares) which are issued and/or registered in our name; and
(2) duly authorised representative and duly appointed attorney-in-fact to sign resolutions in writing of the Company in respect of the Shares.
Security for Costs. 1. Upon request of a disputing party, the arbitral tribunal may order any disputing party asserting a claim or counterclaim to provide security for costs.
2. In determining whether to order a disputing party to provide security for costs, the arbitral tribunal shall consider all relevant circumstances, including:
(a) that disputing party’s ability to comply with an adverse decision on costs;
(b) that disputing party’s willingness to comply with an adverse decision on costs;
(c) the effect that providing security for costs may have on that disputing party’s ability to pursue its claim or counterclaim; and
(d) the conduct of the disputing parties.
3. The arbitral tribunal shall specify any relevant terms in an order to provide security for costs and shall fix a time limit for compliance with the order.
4. If a disputing party fails to comply with an order to provide security for costs within 30 days after the arbitral tribunal’s order or within any other time period set by the arbitral tribunal, the arbitral tribunal may suspend the proceeding. If the proceeding is suspended for more than 90 days, the arbitral tribunal may, after consulting with the disputing parties, order the discontinuance of the proceeding.
5. A disputing party shall promptly disclose any material change in the circumstances upon which the arbitral tribunal ordered security for costs.
6. The arbitral tribunal may at any time modify or revoke its order on security for costs, on its own initiative or upon a disputing party’s request.
