Page 48 - MEOMA Handbook
P. 48
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FORCE
MAJEURE
DOMICILE
BANKRUPTCY
ARBITRATION
12.
13.
15.
(b)
14(a)
If
in
or
be
an
by
the
be
be
60
be
of
As
the
This
any
make
Any
and
such
price
this
such
debts,
Should
that
equal
act
either
official
"force
default
Either
behalf
either
current
during
the
action
Should
strikes,
taken
receiver
Appeal
before
Neither
of
calculated
void.
company
to
dispute.
of
he
resolution
and
revolution
Malaysian
entitled
in
or
any
elsewhere
Appeal
for
as
the
referred
action
ascertained
and
connection
contract
Sellers:
Arbitrators,
the
resale
party
event,
Association.
for
at
the
party
comprehended
to
dispute
construction,
party
calendar
if
Price
to
the
PORAM
or
dispute
payment
has
to
contract
declared
party
or
or
the
law.
the
such
(as
by
the
force
so
go
the
party
other
convene,
majeure"
to
must
price,
any
collection/delivery
in
shall
similar
each
at
until
lock-outs,
moratorium
that
appointed,
claim
the
in
days
Rules
other
contract
hereto
Umpire
Should
bankruptcy,
shall
basis
arising
validity
into
as
his
duration
call
fulfilment
the
the
the
hereto,
or
legal
the
the
not
therewith,
he
or
of
or
for
of
contract
such
the
civil
of
or
out
purpose
be
Settlement
Buyer
arbitration.
case
advise
agreed),
suspended
adn
have
goods
after
legal
collection/delivery
Government
of
produce
be
notify
nor
closing-out
repurchase
either
closing-out
shall
date
Buyer
the
time
repurchase
period
executive
of
of
in
a
this
shall
circle
of
the
or,
shall
shall
case
of
Board
hold
is
the
may
or
shall
any
be
of
any
or
be
of
any
liquidation
this
dispute
obtaining
be
proof
at
45
of
party
price
a
takes
price
settlement
of
Bankruptcy
be
deemed
the
As
Arbitration
may
to
other
be),
possible
of
proceedings
payments
be
petition
date
the
liable
as
contract
make
his
Committee
disabling
commit,
shall
to
intiation
an
resale
person
shall
performance
be.
proceedings
or
commotions,
Malaysia
forthwith
to
of
and
accordance
persons
place,
delayed
Appeal
(except
of
of
justify
party
shall
legislative
deemed
contract,
within
first
be
instead
meeting
reconstruction
impossible,
Buyers:
be
clause,
that
and
referred
prior
either
and
the
option
by
for
to
against
the
the
(as
have
be
difference
the
with
award
act
riots,
of
provided
or
the
or
their
he
to
thereof
the
payment
creditors
a
to
a
against
of
have
presented
claiming
Appeal
the
with
the
be
the
account
dissatisfied
the
the
without
the
either
party
claiming
for
war,
to
from
closed,
any
the
collection/delivery
that
done
the
been
the
including
for
shall
for
the
claim
in
and
and
circumstances,
of
with
been
floods,
case
his
or
the
amount
between
Malayan
it
he
other
due
shall
under
is'about
be
for
closing-out
arbitration.
lowest
expiration
the
undue
invoice
any
under
voluntary
extended
is
condition
shall
either
cause
his
the
other
is
but
to
other
of
PORAM
shall
under
arbitration
made
difference
may
the
of
reason
heard
of
date
at
be
Seller
hostilities
winding
which
not
amalgamation)
either
price
in
be
Edible
delay
this
in
either
the
for
be),
or
them
to
curfews,
period
price,
amount
suspend
unable
the
restriction
if
or
of
Rules
or
party,
up
and
governed
the
hereby
amount
As
winding
them
question
of
Arbitrators,
in
in
Oil
suspend
to
creditors
Bankruptcy
shall
in
at
for
in
the
or
in
cancellation
this
of
between
each
up
precedentto
Kuala
for
shall
treated
a
extended
closing-out
them
or
comprehend
be
all
the
therefore.
other
or
market
them
exceed
contract.
of
Malaysia
payment
law
to
the
terrorist
as
in
to
If
shall
a
the
for
imposed
a
Umpire
payment,
contract.
Brokers:
respect
matter
the
expressly
clause,
Seller
meet his
apply
price
a
payment
determined
blockades,
respect
circle,
price
party
or
price
by
the
contract
any
shall
and
of
accordance
of
Arbitration
to
Lumpur
for
Where
being
of
bring
pass
respects
have
or
by
arising
period
shall
right
goods
shall
act
and
and
commit
solvent
his
debts
extension.
an
a
a
then
shall
determined
contract
at
Manufacturers'
collection/delivery
no
should
be
the
by
fires,
actions,
on
term
Should
period
of
required,
and
shall.
agreed
in
(or
bring
any
the
with
such
Board
of
any
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