Common use of Litigation and Related Matters Clause in Contracts

Litigation and Related Matters. The commencement of, or any material development in any action, suit, proceeding or investigation pending or threatened against or affecting Borrower or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, in which the amount involved that Borrower reasonably determines is not covered by insurance is $7,500,000 or more, or which, if determined adversely to Borrower or any of its Subsidiaries, would reasonably be expected to have a Material Adverse Effect.

Litigation and Related Matters. The commencement of, or any material development in any action, suit, proceeding or investigation pending or threatened against or affecting the Borrower or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, in which the amount involved that the Borrower reasonably determines is not covered by insurance is $7,500,000 20,000,000 or more, or which, if determined adversely to the Borrower or any of its Subsidiaries, would reasonably be expected to have a Material Adverse Effect.

Litigation and Related Matters. The commencement of, or any material development in in, any action, suit, proceeding or investigation pending or threatened against or affecting Borrower or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, Authority (i) in which the amount involved that (in excess of the amount Borrower reasonably determines is not will be covered by insurance insurance) is $7,500,000 10,000,000 or more, more or which, if determined adversely to Borrower or any of its Subsidiaries, would (ii) which could reasonably be expected to have a Material Adverse Effect.;

Litigation and Related Matters. The commencement of, or any material development in any action, suit, proceeding or investigation pending or threatened against or affecting Borrower or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, in which the amount involved that Borrower reasonably determines is not covered by insurance is $7,500,000 1,000,000 or more, or which, if determined adversely to Borrower or any of its Subsidiaries, would reasonably be expected to have a Material Adverse Effect.