Common use of Litigation; Commercial Tort Claims Clause in Contracts

Litigation; Commercial Tort Claims. a. The following is a complete list of pending and threatened litigation or claims involving amounts claimed against a Loan Party or any of the Loan Parties’ Subsidiaries in an indefinite amount or in excess of $25,000 in each case: b. The following are the only claims (including, without limitation, commercial tort claims) which a Loan Party or any of the Loan Parties’ Subsidiaries has against others (other than claims on accounts receivable), which such Loan Party or Subsidiary is asserting or intends to assert, and in which the potential recovery exceeds $25,000:

Appears in 3 contracts

Samples: Facility Agreement (Endologix Inc /De/), Credit Agreement (Endologix Inc /De/), Facility Agreement (Endologix Inc /De/)

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Litigation; Commercial Tort Claims. a. The following is a complete list of pending and threatened litigation or claims involving amounts claimed against a Loan Party or any of the Loan Parties’ Subsidiaries in an indefinite amount or in excess of $25,000 100,000 in each case: b. The following are the only claims (including, without limitation, commercial tort claims) which a Loan Party or any of the Loan Parties’ Subsidiaries has against others (other than claims on accounts receivable), which such Loan Party or Subsidiary is asserting or intends to assert, and in which the potential recovery exceeds $25,000:100,000 individually or $400,000 in the aggregate: None.

Appears in 2 contracts

Samples: Credit Agreement (Aerie Pharmaceuticals Inc), Credit Agreement (Aerie Pharmaceuticals Inc)

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