Common use of Litigation of Contested Claims Clause in Contracts

Litigation of Contested Claims. Either Parent or the Representative may bring suit in accordance with Section 12.1 to resolve a Contested Claim. The decision of the trial court as to the validity and amount of any claim in such Notice of Claim shall be nonappealable, binding and conclusive upon the parties to this Agreement, the applicable Indemnified Party and the Indemnifying Parties, as applicable, all of whom shall be obligated to act in accordance with such decision. Judgment upon any award rendered by the trial court may be entered in any court having jurisdiction.

Appears in 3 contracts

Samples: Merger Agreement (TPCO Holding Corp.), Merger Agreement (TPCO Holding Corp.), Merger Agreement (TPCO Holding Corp.)

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Litigation of Contested Claims. Either Parent or the Representative may bring suit in accordance with the courts specified in Section 12.1 to resolve a the Contested Claim. The decision of the trial court as to the validity and amount of any claim in such Notice of Claim shall be nonappealablenon-appealable, binding and conclusive upon the parties to this Agreement, the applicable Indemnified Party Agreement and the Indemnifying Parties, as applicable, all of whom Escrow Agent shall be obligated entitled to act in accordance with such decisiondecision and make or withhold payments out of the Aggregate Escrow Cash in accordance therewith. Judgment upon any award rendered by the trial court may be entered in any court having jurisdiction.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (MINDBODY, Inc.)

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Litigation of Contested Claims. Either Parent or the Representative may bring suit in accordance with the courts specified in Section 12.1 to resolve a the Contested Claim. The decision of the trial court as to the validity and amount of any claim Claim in such Notice of Claim shall be nonappealablenon-appealable, binding and conclusive upon the parties to this Agreement, the applicable Indemnified Party Agreement and the Indemnifying Parties, as applicable, all of whom Escrow Agent shall be obligated entitled to act in accordance with such decisiondecision and make or withhold payments out of the Escrow Cash in accordance therewith. Judgment upon any award rendered by the trial court may be entered in any court having jurisdiction.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Wright Medical Group N.V.)

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