Common use of Commencement or Settlement of Litigation Clause in Contracts

Commencement or Settlement of Litigation. Commence, settle or compromise any litigation, proceeding or investigation with a cost or expected value (for any individual matter or group of related matters) of more than $25,000,000 or pay, discharge, settle or satisfy any claims, liabilities or obligations (other than obligations under contracts relating to the operation of the business of the Company and its Subsidiaries) in excess of $25,000,000 (for any individual matter or group of related matters).

Commencement or Settlement of Litigation. CommenceCommencement, settle settlement or compromise of any litigation, proceeding or investigation with a cost or expected value (for any individual matter or group of related matters) of more than $25,000,000 50,000,000 or paypayment, discharge, settle settlement or satisfy satisfaction of any claims, liabilities or obligations (other than obligations under contracts relating to the operation of the business of the Company and its direct or indirect Subsidiaries) in excess of $25,000,000 50,000,000 (for any individual matter or group of related matters).