Stay of Lawsuit Sample Clauses

Stay of Lawsuit. In light of the transactions contemplated by the Merger Agreement, the Settling Parties hereby agree that, as soon as practicable following the date of this Agreement, each of CardioNet and Biotel will file with the United States District Court for the District of Minnesota a request to stay the Lawsuit until the earlier to occur of (i) the termination of the Merger Agreement or (ii) March 31, 2011.
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Stay of Lawsuit. Following execution of the MOU, the Parties filed a joint motion and agreed order, in the form attached hereto as Exhibit "A," requesting a stay of the Lawsuit until twelve (12) months following the date of this Agreement or for such additional period as the Parties may mutually agree (the "Stay"). The Parties agree, however, that if after eight months following execution of this Agreement, the requirements set forth in Section IV., Items 1 and 2, below, relating to the Provider Bankruptcies, have not been satisfied by PacifiCare, the Parties shall meet in good faith to determine whether the Stay should continue for the remaining four month period. In the event there is a disagreement between the Parties as to continuing the Stay for the remaining four-month period, then PacifiCare shall have the right to request permission from the Court to extend the Stay up to a maximum period of four months to allow PacifiCare to continue its efforts with respect to the Provider Bankruptcies. The order staying the Lawsuit shall provide that the trial date in the Lawsuit and any other deadlines in the Lawsuit that have not passed as of the date of the MOU shall be extended for a period of time equal to the period from the date the MOU was executed to the end of the Stay. Promptly upon the execution of this Agreement, the Parties shall file agreed motions and orders in the forms attached hereto as Exhibits "B," "C," "D," respectively, to stay the following lawsuits for the duration of the Stay: (i) No. GN 103374, PacifiCare of Texas, Inc. vs. The State of Texas And Xxxx Xxxxxx, Attorney General, Individually And In His Official Capacity; in the district court of Xxxxxx County, Texas, 200th Judicial District (ii) No. GN 103351, PacifiCare of Texas, Inc. vs. The State of Texas And Xxxx Xxxxxx, Attorney General, Individually And In His Official Capacity; in the district court of Xxxxxx County, Texas, 200th Judicial District (iii) No. 98-13971, The State of Texas vs. PacifiCare of Texas, Inc., in the district court of Xxxxxx County, Texas, 201st Judicial District. Following execution of the MOU and throughout the Stay, no orders will be sought, signed or entered in the Lawsuit that affect the substantive rights of the Parties, and if during this period, any order is signed or entered, nothing in this Agreement shall prevent any of the Parties from pursuing an appeal. Any documents and information provided by PacifiCare to the State or by the State to PacifiCare pursuant to t...
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Stay of Lawsuit. Following execution of the MOU, the Parties shall immediately file a joint motion requesting a stay of the Lawsuit until twelve months following execution of the Settlement or for such additional period as the Parties may mutually agree (the "Stay"); provided, however, that if after eight months following execution of the Settlement the requirements set forth in Paragraphs 2 and 3, below, have not been satisfied by PacifiCare, the Parties shall meet in good faith to determine whether the Stay should continue for the remaining four month period. In the event there is a disagreement between the Parties as to continuing the Stay for the remaining four month period, then PacifiCare shall have the right to request permission from the Xxxxxx County District Court to extend the Stay to allow PacifiCare to continue with the bankruptcy processes up to a maximum period of four months. The order staying the Lawsuit shall provide that the trial date in the Lawsuit and any other deadlines in the Lawsuit that have not passed as of the date of execution of this MOU shall be extended for a period of time equal to the period that the Stay is in effect. Following execution of this MOU and throughout the Stay, no orders will be sought, signed or entered in the Lawsuit that affect the substantive rights of the Parties, and if during this period, any order is signed or entered, nothing in this MOU or the Settlement shall prevent either of the Parties from pursuing an appeal. The purpose of the Stay is to allow the Parties and others to proceed with due diligence and in good faith with the activities required to settle the Medical Select Management ("MSM") Bankruptcy and Heritage Southwest Medical Group, PA ("HSW") Bankruptcy and engage in a good faith review of outstanding valid provider claims of Heritage Physicians Network ("HPN"), without the necessity of the Parties simultaneously prosecuting the Lawsuit.
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Stay of Lawsuit. The Lawsuit shall be stayed from the execution of --------------- this Agreement through June 30, 1999 or payment by CMC of the Settlement Amount, whichever occurs first.
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Related to Stay of Lawsuit

  • Application of Laws 1. While entering, within, or leaving the territory of one Party, its laws and regulations relating to the operation and navigation of aircraft shall be complied with by the other Party’s airlines. 2. While entering, within, or leaving the territory of one Party, its laws and regulations relating to the admission to or departure from its territory of passengers, crew or cargo on aircraft (including regulations relating to entry, clearance, aviation security, immigration, passports, customs and quarantine or, in the case of mail, postal regulations) shall be complied with by, or on behalf of, such passengers, crew or cargo of the other Party’s airlines.

  • Violation of Laws If the Property is not in material compliance with Legal Requirements, Lender may impose additional requirements upon Borrower in connection herewith including, without limitation, monetary reserves or financial equivalents.

  • Choice of Laws Venue for any lawsuit brought to enforce any term or condition of this Agreement or to construe the terms hereof shall lie exclusively in the State of New York. This Agreement shall be construed under and shall be governed by the laws of the State of New York without regard to the application of its conflicts of law principles.

  • Choice of Law; Venue This Agreement shall be governed by the laws of the State of Texas. Venue and jurisdiction of any suit or cause of action arising under or in connection with the Agreement shall lie exclusively in Xxxxxx County, Texas. Disputes between END USER and Contractor are to be resolved in accordance with the law and venue rules of the state of purchase. Contractor shall immediately notify H-GAC of such disputes.

  • CHOICE OF LAW & FORUM The state courts of Wisconsin shall be the sole forum for all disputes arising of this Contract. The validity, construction, enforcement and effect of this Contract shall be governed solely by the laws of the State of Wisconsin.

  • COMPLIANCE OF LAWS RELATING TO REMITTANCES The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act and Rules and Regulations made thereunder or any statutory amendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Promoter with such permission, approvals which would enable the Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she shall be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time. The Promoter accepts no responsibility in this regard. The Allottee shall keep the Promoter fully indemnified and harmless in this regard. Whenever there is any change in the residential status of the Allottee subsequent to the signing of this Agreement, it shall be the sole responsibility of the Allottee to intimate the same in writing to the Promoter immediately and comply with necessary formalities if any under the applicable laws. The Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Allottee and such third party shall not have any right in the application/allotment of the said apartment applied for herein in any way and the Promoter shall be issuing the payment receipts in favour of the Allottee only.

  • No Violation of Laws The making of the Loans and the issuance of the Letters of Credit shall not contravene any Law applicable to any Loan Party or any of the Banks.

  • Conflict of Laws The provisions of this Agreement shall be subject to all applicable statutes, laws, rules and regulations, including, without limitation, the applicable provisions of the ICA and rules and regulations promulgated thereunder. To the extent that any provision contained herein conflicts with any such applicable provision of law or regulation, the latter shall control. The terms and provisions of this Agreement shall be interpreted and defined in a manner consistent with the provisions and definitions of the ICA. If any provision of this Agreement shall be held or made invalid by a court decision, statute, rule or otherwise, the remainder of this Agreement shall continue in full force and effect and shall not be affected by such invalidity.

  • Choice of Law; Jurisdiction This Agreement shall be governed by and interpreted in accordance with the laws of the State of New York without regard to the principles of conflict of laws. The parties further agree that any action between them shall be heard in New York County, New York, and expressly consent to the jurisdiction and venue of the Supreme Court of New York, sitting in New York County, New York and the United States District Court of the Southern District of New York, sitting in New York, New York, for the adjudication of any civil action asserted pursuant to this Agreement.

  • Choice of Law; Choice of Forum This Agreement shall be interpreted in accordance with and governed by the Law of the Commonwealth of Massachusetts. The courts of the Commonwealth of Massachusetts and the United States District Court for the Commonwealth of Massachusetts shall have exclusive jurisdiction to settle any Claim. Each Party submits to the exclusive jurisdiction of such courts and waives to the fullest extent permitted by Law all rights to a trial by jury.

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