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
                                                                                                                                                  175
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                                                                                                                                    180
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                                                                                                                188
                                                                                     .198
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                                                                                                                       185
                                                                                                      192
                                                                                                           190
                                                                                                    193
                                                                                                 194
                                                                                                        191
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                                                                20~
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                                              212
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                                217
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                        220
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                   222
              224
                 223
                      221
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                                                                                                                                                           l
                                                                                          J
                  j
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