Legal Form, Judgments, etc Sample Clauses

Legal Form, Judgments, etc. Each of the Lease Documents is in proper legal form for enforcement against the Lessee in the Lessee’s Country in the most expeditious manner available under the law of the Lessee’s Country. In the event any state or Federal court in the United States renders a final judgment against the Lessee under any of the Lease Documents, the courts of the Lessor’s Country would enforce the same without any further review on the merits. The enforcement of a foreign judgment relating to any of the Lease Documents would not be contrary to the law or public policy of the Lessee’s Country, any international treaties binding in the Lessee’s Country, or generally accepted principles of international law.
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Legal Form, Judgments, etc. This Agreement and the Note(s) are in proper legal form for enforcement against the Guarantor, in the Guarantor's Country, in the most expeditious manner available under the law of the Guarantor's Country. We note, however, that the form of the Note does not satisfy the requirements of an extra-judicial executory title under the law of the Guarantor's Country. In the event a final judgment of any state or Federal court in the United States is rendered against the Guarantor under any of such documents, the same would be enforced by the courts of the Guarantor's Country without any further review on the merits, provided that such judgment has been ratified ("homlogado") by the Supreme Court of the Borrower's Country. Such ratification will occur if the foreign judgment (a) complies with all formalities required for enforceability under the laws the country wherein it was issued, (b) has been given by a competent court of law in the country wherein it was issued after proper service of process on the parties or after sufficient evidence of parties' absence has been given in accordance with applicable law of the country in which the judgment was entered, (c) is not subject to appeal in the jurisdiction in which it was issued, (d) has been authenticated by the Brazilian Consulate in the country wherein it was issued accompanied by a sworn translation thereof into Portuguese, and (e) is not contrary to Brazilian sovereignty, public policy and good customs (as set forth in Section 17 of the law of introduction to the Brazilian Civil Code). In our opinion, the enforcement of a foreign judgment relating to the Agreement or the Note(s) would not be contrary to the law, public policy or good customs of the Guarantor's Country, any international treaties binding in the Guarantor's Country or generally accepted principles of international law.
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Related to Legal Form, Judgments, etc

  • Attachments; Judgments Any portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money, individually or in the aggregate, of at least $250,000, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or

  • Judgments, etc No judgment, writ, order, injunction, award or decree of or by any court, or judge, justice or magistrate, including any bankruptcy court or judge, or any order of or by any governmental authority, shall have been issued, and no action or proceeding shall have been instituted by any governmental authority, enjoining or preventing the consummation of the transactions contemplated hereby or in the other Transaction Documents.

  • Notice of Litigation and Judgments The Borrower will give notice to the Agent in writing within five (5) Business Days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting the Borrower, any Guarantor or any of their respective Subsidiaries or to which the Borrower, any Guarantor or any of their respective Subsidiaries is or is to become a party involving an uninsured claim against the Borrower, any Guarantor or any of their respective Subsidiaries that could either reasonably be expected to cause a Default or could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrower will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the Lenders, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against the Borrower or any of their respective Subsidiaries in an amount in excess of $10,000,000.00.

  • Litigation and Judgments Except as specifically disclosed in Schedule 6.5 as of the date hereof, there is no action, suit, investigation, or proceeding before or by any Governmental Authority or arbitrator pending, or to the knowledge of Borrower, threatened against or affecting Borrower, any of its Subsidiaries, or any other Obligated Party that could, if adversely determined, result in a Material Adverse Event. There are no outstanding judgments against Borrower, any of its Subsidiaries, or any other Obligated Party.

  • Enforcement of Judgments Subject to the conditions and qualifications set forth in the Registration Statement and the Prospectus, a final and conclusive judgment against the Company for a definitive sum of money entered by any court in the United States may be enforced by an Israeli court.

  • Money Judgment A Judgment or order for the payment of money in excess of $1,000,000 or otherwise having a Materially Adverse Effect shall be rendered against any other Consolidated Company, and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of sixty (60) days during which execution shall not be effectively stayed or deferred (whether by action of a court, by agreement or otherwise). In regard to the foregoing, amounts which are fully covered by insurance shall not be considered in regard to the foregoing $1,000,000 limit.

  • SATISFACTION OF JUDGMENT The obligations of Landlord do not constitute the personal obligations of the individual partners, trustees, directors, officers, members or shareholders of Landlord or its constituent partners or members. Should Tenant recover a money judgment against Landlord, such judgment shall be satisfied only from the interest of Landlord in the Project and out of the rent or other income from such property receivable by Landlord, and no action for any deficiency may be sought or obtained by Tenant.

  • Enforcement of Foreign Judgments Any final judgment for a fixed or determined sum of money rendered by any U.S. federal or New York state court located in the State of New York having jurisdiction under its own laws in respect of any suit, action or proceeding against the Company based upon this Agreement, the Registration Statement, the Pricing Disclosure Package and the Prospectus would be declared enforceable against the Company by the courts of Bermuda, without reconsideration or reexamination of the merits.

  • Final Judgment The Arbitration Award shall be final and binding upon the parties thereto and shall be the sole and exclusive remedy between such parties relating to the Dispute, including any claims, counterclaims, issues or accounting presented to the arbitrators. Judgment upon the Arbitration Award may be entered in any court having jurisdiction. To the fullest extent permitted by law, no application or appeal to any court of competent jurisdiction may be made in connection with any question of law arising in the course of arbitration or with respect to any award made except for actions relating to enforcement of this agreement to arbitrate or any arbitral award issued hereunder and except for actions seeking interim or other provisional relief in aid of arbitration proceedings in any court of competent jurisdiction.

  • No Judgments or Litigation Except as set forth on Attachment B, no judgments, orders, writs or decrees are outstanding against Customer nor is there now pending or, to the best of Customer's knowledge after due inquiry, threatened, any litigation, contested claim, investigation, arbitration, or governmental proceeding by or against Customer.

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