Common use of Service of Process for Arbitration Proceedings Clause in Contracts

Service of Process for Arbitration Proceedings. Each party hereunder agrees that the process by which any arbitration proceedings are begun may be served on it by being delivered to the address identified in Clause 21 (Notices) or other its registered office for the time being. If the appointment of the person(s) mentioned in this Clause 23.4 ceases to be effective, such party shall immediately appoint a further person to act on its behalf as agent for the commencement of arbitration proceedings and, failing such appointment within fifteen (15) days, any other party or the Facility Agent shall be entitled to appoint such a person by notice to the other parties. Nothing contained in these Conditions shall affect the right to serve process in any other manner permitted by law.

Appears in 4 contracts

Samples: Unsecured Subordinated Note (Hungarian Telephone & Cable Corp), Unsecured Subordinated Note (Hungarian Telephone & Cable Corp), Unsecured Subordinated Note (Hungarian Telephone & Cable Corp)

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