C. [Cessna] could continue instantly towards Guarantor for almost any quantity or any efficiency hereby guaranteed. Guarantor hereby waives any suitable to involve [Cessna] to carry on very first versus Lessee or any other particular person or entity or to need the afterwards joinder of Lessee or another individual or entity in any suit that [Cessna] may deliver pursuant to this Guaranty; to carry on towards the Aircraft or some other collateral before continuing against Guarantor; or to exhaust any other solution in [Cessna's] electric power by any means."
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Having said that, by Mr. Matar, they did go to procedural conference phone calls and be involved in the arbitration, including their jurisdiction movement as mentioned earlier mentioned prior to refusing to take part even further In this particular arbitration.
iii. Repossession and sale from the aircrafts with the settlement of the fantastic balance of your sale selling price;
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d. Guaranty dated 2 August 2007 signed by Al Mulla in regard of Cessna Lease 5605679 whereby Al Mulla undertook to "unconditionally and irrevocably promise[]the well timed and unconditional payment to Cessna [] (or to its buy) of all amounts owed by Lessee below Lease, and additional unconditionally ensures the overall performance of all of Lessee's other obligations underneath the Lease when owing and in strict compliance with each of your conditions and terms thereof." (Exhibit four for the Ask for for Arbitration, Guarantee, paragraph A)
In his Memorial at page 8, Aid Sought, the Respondent Al Mulla requested which the claim in opposition to him be dismissed, a declaration be created in his favour with an award of acceptable lawyer's expenses and expenses related to these arbitration proceedings.