Contingent Legal Fee Sample Clauses

Contingent Legal Fee. If the Client recovers any amounts or obtains any declaratory or injunctive relief in connection with Client’s claims, then in consideration for the legal services rendered and to be rendered by Attorneys, the Attorneys shall be entitled to receive, and the Client shall be obligated to pay to the Attorneys, a legal fee consisting of the sum of: (a) a contingent legal fee, based on the gross amount recovered on the Client’s claims, whether by way of settlement, judgment or arbitration award, which shall be in the amount of (i) twenty-five percent (25%) of the gross amount recovered before the filing of any Complaint, (ii) thirty-three and one-third percent (33 1/3%) of the gross amount recovered after the filing of a Complaint but before the commencement of trial, and (iii) forty percent (40%) of the gross amount recovered after the commencement of any trial or arbitration of the Client’s claims, or of the claims of any other client(s) whose claims are asserted concurrently with those of the Client, whether in the same action or in a separate action or arbitration proceeding (the “Contingent Legal Fee”); plus (b) any statutory attorney’s fees awarded to the Client, individually or collectively with any other client(s) whose claims are asserted and litigated by Attorneys together with those of the Clients (as explained in further detail below). For the avoidance of doubt, the Client will not owe or be required to pay any additional or separate fee in connection with any declaratory or injunctive relief obtained by the Client, or in connection with any increase in the future royalties payable to the Client as a result of any reduction in the deductions which can be taken in calculating any such royalties. The legal fee specified above is intended to and will cover legal services through and including any trial and post-trial motions, and are not intended to cover any subsequent appeal. Representation by the Attorneys in connection with any appeal will require additional fees in amounts and on terms to be later determined by separate agreement. FOR THE AVOIDANCE OF DOUBT, IT IS MUTUALLY UNDERSTOOD AND AGREED THAT IF THERE IS NO MONETARY RECOVERY ON THE CLIENT’S CLAIMS, THEN THE CLIENT WILL NOT BE OBLIGATED TO PAY ANY FEE TO THE ATTORNEYS, OTHER THAN ANY ATTORNEY’S FEES WHICH MAY BE AWARDED AGAINST AND RECOVERED FROM DEFENDANTS PURSUANT TO AN AWARD OF STATUTORY COSTS, AS PROVIDED BELOW.
Sample 1
AutoNDA by SimpleDocs

Related to Contingent Legal Fee

  • Independent Legal Advice Each of the Parties hereby acknowledges that it has been afforded the opportunity to obtain independent legal advice and confirms by the execution and delivery of this Agreement that they have either done so or waived their right to do so in connection with the entering into of this Agreement.

  • Not Legal Advice During the Term, Taboola may provide recommended privacy policy or disclosure language to Publisher. Publisher acknowledges that it shall not rely on such recommended language as, or as a substitute for, legal advice and that Publisher itself is solely responsible for any disclosures in its privacy policy or on its website.

  • Right to Legal Fees If we have a legal dispute with you, the losing party will pay the costs of the winning party, including reasonable legal fees.

  • No Legal Advice Client acknowledges the importance of complying with its obligations under applicable law and agrees that it will consult with legal counsel as appropriate regarding the acquisition and use of Reports.Client understands and acknowledges that Sapphire Check is not a law firm and does not provide legal advice in connection with Sapphire Check’s furnishing of Reports to Client or Client’s use of such Reports. Client understands that any communications by Sapphire Check’s employees or representatives regarding searches, verifications, or the content of reports are not to be considered or construed as legal advice.Client shall consult with counsel as appropriate before deciding whether to act upon information reported by Sapphire Check. Client understands that sample forms or documents made available by Sapphire Check to Client, including, but not limited to, sample disclosure notices, written authorizations, and adverse action notices are offered solely as a courtesy and should not be construed as legal advice.Laws governing the content of such documents frequently change.Accordingly, Client shall consult with counsel to make sure that it is using appropriate documents that comply with any and all applicable federal, state, and local laws.Use of Sapphire Check’ssample documents or processes—including any process designed to obtain the consumer’s consent to the background check—is entirely optional.Therefore, if Client chooses to use Sapphire Check’s sample documents or processes in part or whole, Client agrees that such documents/processes should be considered its own (not that of Sapphire Check), and that Client has consulted with its own legal counsel to the extent necessary regarding the use of such documents/processes.Client shall indemnify and hold harmless Sapphire Check, its affiliates, and subsidiaries and their respective officers, directors, employees, agents, and insurers from and against any and all damages, penalties, losses, liabilities, judgments, settlements, awards, costs, and expenses (including reasonable attorneys’ fees and expenses) arising out of or in connection with any third-party claims, assertions, demands, causes of action, suits, proceedings or other actions, whether at law or in equity,related to Client’s use of sample forms, sample documents, or processes made available by Sapphire Check.

  • No Legal Bar The execution, delivery and performance of this Agreement, the issuance of the Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, will not violate any Requirement of Law or any Contractual Obligation of such Borrower, and will not result in, or require, the creation or imposition of any lien on any of its properties or revenues pursuant to any Requirement of Law or Contractual Obligation.

  • Right to Legal Counsel The union is the exclusive bargaining agent for the bargaining unit employee and as such has the exclusive right to represent the employee in all matters pertaining to his/her terms and conditions of employment, including matters that may lead to discipline by the employer. An individual bargaining unit employee has no right to be represented by legal counsel during an Article 2 investigation involving an allegation of harassment.

  • Agreement to Pay Attorneys’ Fees and Expenses In the event the Company should default under any of the provisions of this Lease Agreement and the Agency should employ attorneys or incur other expenses for the collection of amounts payable hereunder or the enforcement of performance or observance of any obligations or agreements on the part of the Company herein contained, the Company shall, on demand therefor, pay to the Agency the reasonable fees of such attorneys and such other expenses so incurred.

  • All Legal Provisions Deemed Included It is the intent and understanding of the Contractor and NYSERDA that each and every provision of law required by the laws of the State of New York to be contained in this Agreement shall be contained herein, and if, through mistake, oversight or otherwise, any such provision is not contained herein, or is not contained herein in correct form, this Agreement shall, upon the application of either NYSERDA or the Contractor, promptly be amended so as to comply strictly with the laws of the State of New York with respect to the inclusion in this Agreement of all such provisions.

  • Opportunity to Review Customer declares that it has had sufficient opportunity to review this Agreement, understand the content of all of its sections, negotiate its terms, and seek independent professional legal advice before entering into it. Consequently, any statutory “form contract” (“adhesion contract”) regulations shall not be applicable to this Agreement.

  • A-E Compensation and Extra Work 1.5.1. For the PROJECTS/SERVICES authorized under this CONTRACT, A-E shall be compensated in accordance with the following:

Time is Money Join Law Insider Premium to draft better contracts faster.