Mutual Litigation Standstill Sample Clauses

Mutual Litigation Standstill. Hormel Foods and its counsel shall cease all litigation activities against the DPPs except to the extent expressly authorized in the Settlement Agreement. The DPPs and their counsel shall cease all litigation activities against Hormel Foods except to the extent expressly authorized in the Settlement Agreement. Hormel Foods acknowledges that the DPPs have the right to continue litigating their claims in the Action against non-settling Defendants and alleged co-conspirators. The DPPs acknowledge that Hormel Foods has the right to continue fully defending itself against claims asserted by parties other than the DPPs in the litigation (“Non-DPP Claims”) and that Hormel Foods may coordinate with non-settling Defendants in the joint defense of such claims. Once no claims are operative against Hormel Foods in this litigation, Hormel Foods shall cease all litigation activities, including any cooperation with the non-settling Defendants. To minimize disputes regarding the Mutual Litigation Standstill, Hormel Foods and the DPPs agree to the following specific requirements and authorizations:
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Related to Mutual Litigation Standstill

  • Dispute Resolution All or any disputes arising out or touching upon or in relation to the terms and conditions of this Agreement, including the interpretation and validity of the terms thereof and the respective rights and obligations of the Parties, shall be settled amicably by mutual discussion, failing which the same shall be settled through the adjudicating officer appointed under the Act.

  • Confirmation of Agreement Except as amended hereby, the Custody Agreement is in full force and effect and as so amended is hereby ratified, approved and confirmed by the Customer and the Bank in all respects.

  • Amendment This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.

  • EFFECT ON FUND ACCOUNTING AGREEMENT In the event of any inconsistency between the terms of this Amendment and the Fund Accounting Agreement, the terms of this Amendment shall be controlling. Except as specifically and only to the extent modified by this Amendment, all of the terms and provisions of the Fund Accounting Agreement shall continue to remain in full force and effect.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Amendments This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.

  • Waiver The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any other or subsequent breach.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Survival The representations and warranties contained herein shall survive the Closing and the delivery of the Securities.

  • Agreement The parties agree as follows:

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