Common use of Construction Litigation Clause in Contracts

Construction Litigation. The litigation arising out of the lawsuit filed by LVSI and Venetian against Bovis in the United States District Court for the District of Nevada and the countersuit filed by Bovis against LVSI and Venetian and any other outstanding lawsuit, action, claim or Lien arising out of or relating to the construction of the Existing Facility (the “Construction Litigation”), including any claim made or Lien filed by Bovis or any contractor or subcontractor or to the bonding company insuring over any Lien relating to or binding upon the Existing Facility or to Venetian, LVSI, or any of their Affiliates in connection therewith, and any judgment or settlement amount owed by the Borrowers to Bovis or any contractor or subcontractor or to the bonding company insuring over any such Lien as a result of the Construction Litigation (such amount, the “Additional Contingent Claims”) cannot reasonably be expected to have, when taken in the aggregate, a Material Adverse Effect.

Construction Litigation. The litigation arising out of the lawsuit filed by LVSI and Venetian the Borrowers against Bovis in the United States District Court for the District of Nevada and the countersuit filed by Bovis against LVSI and Venetian the Borrowers and any other outstanding lawsuit, action, claim or Lien arising out of or relating to the construction of the Existing Facility (the “Construction Litigation”"CONSTRUCTION LITIGATION"), including any claim made or Lien filed by Bovis or any contractor or subcontractor or to the bonding company insuring over any Lien relating to or binding upon the Existing Facility or to Venetian, LVSI, or any of their Affiliates in connection therewith, and any judgment or settlement amount owed by the Borrowers to Bovis or any contractor or subcontractor or to the bonding company insuring over any such Lien as a result of the Construction Litigation (such amount, the “Additional Contingent Claims”"ADDITIONAL CONTINGENT CLAIMS") cannot reasonably be expected to have, when taken in the aggregate, a Material Adverse Effect.

Construction Litigation. The litigation arising out of the lawsuit filed by LVSI and Venetian the Borrowers against Bovis in the United States District Court for the District of Nevada and the countersuit filed by Bovis against LVSI and Venetian the Borrowers and any other outstanding lawsuit, action, claim or Lien arising out of or relating to the construction of the Existing Facility (the “"Construction Litigation”"), including any claim made or Lien filed by Bovis or any contractor or subcontractor or to the bonding company insuring over any Lien relating to or binding upon the Existing Facility or to Venetian, LVSI, or any of their Affiliates in connection therewith, and any judgment or settlement amount owed by the Borrowers to Bovis or any contractor or subcontractor or to the bonding company insuring over any such Lien as a result of the Construction Litigation (such amount, the “"Additional Contingent Claims”") cannot reasonably be expected to have, when taken in the aggregate, a Material Adverse Effect.