Page 56 - MEOMA Handbook

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FORCE
MAJEURE
DOMICILE
BANKRUPTCY
ARBITRATION
10.
11.
13.
12(a)
(b)
If
to
his
by
60
be
As
they
This
pass
Any
price
have
price
party
apply
being
be
equal
either
default
Either
Edible
behalf
solvent
commit
during
a
a
Should
strikes,
contract
Should
contract
consider
void.
payment
in
for
to
Laws
before
statutory
debts
of
may,
Malaysia
computed
discretion,
Oil
then
revolution
an
shall
arbitration.
shall
but
the
of
of
Sellers:
at
an
party
party
the
the
or
in
if
construction,
calendar
the
on
dispute
or
the
price
either
be
contract
be
price
act
his
"force-majeure"
default
the
the
of
Receiver
their
any
that
company
award
resolution
must
shall
collection/delivery
out
current
ascertained
lock-outs,
and
Where
and
official
fixed
days
party
contract
to
shall
and
he
of
validity
the
duration
for
Malaysia.
for
debts,
entitled
no
the
by
modification
by
not
be
fulfilment
of
go
civil
to
the
a
such
be
specific
accordance
advise
Manufacturers'
after
the
has
this
Government
and
absolute
collection/delivery
be
produce
time
of
period
executive
circumstances
additional
arbitrators
the
appointed,
such
into
similar
of
bankruptcy,
the
with
is
the
claim
market
or
of
thereof
of
Price
be
convene,
53
this
moratorium,
proof
or
contract
contract
As
for
the
deemed
dissatisfied
other
purpose
to
possible
repurchase
the
contract
notify
resale
call
goods
date
closing-out
price
heshall
discretion,
disabling
consider
suspended
to
the
of
have
shall
commotions,
Malaysia
to
or
Association.
or
damages.
or
or,
shall
performance
of
any
liquidation
with
a
delayed
on
party
legislative
justify
contract
be
be
the
within
at
Settlement
impossible,
be
of
price
quantity.
and
default
Brokers:
time
hold
the
by
have
award
the
Arbitration
act
riots,
or
a
the
his
the
resale
their
liable
with
petition
thereof
payment
without
(except
either
shall
day
forthwith
being
war,
justify
to
any
Damages
collection/delivery
Act.
deemed
price,
done
been
or
repurchase
and
the
referred
in
of
for
be
option
claim
to
be
it,
circumstances,
reconstruction
shall
to
floods,
or
meeting
the
Committee
a
additional
party
the expiration
creditors
of
undue
that
for
for
the
As
be
shall
the
extended
cause
1952
be
be
or
circumstances
but
force.
takes
they
made
presented
account
of
the
default
reason
be
he
hostilities
that
closed,
of
no
shall
either
and
in
matter
delay
for
for
is
to
curfews,
period
if
of
the
he
restriction
or
may,
but
voluntary
the
Buyers:
amount
appointed
place,
other
damages.
if
(Revised
is
at
computed
governed
arbitration
his
shall
shall
difference
either
this
-
cancellation
under
by
about
extended
comprehend
the
in
therefore.
the
at
on
winding
in
be
suspend
be
exceed
which
or
their
party,
to
default
Malaysia
in
amalgamation)
this
all
the
terrorist
If
winding
a
for
imposed
unable
contract.
1972
the
up
the
at
a
)
blockades,
the
to
Damages
creditors
or
a
by
or
the
contract
up
between
and
treated
or
justify
to
day
referred
or
or
of
period
arbitrators
absolute
payment,
it,
suspend
of
price
market
be
closing-out
other
contract.
the
meet
collection/delivery
shall
shall
to
a
to
Malayan
the
respects
actions,
fires,
as
required,
term
shall
extension.
Should
period
on
of
Peninsular
any
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n
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j
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