Assigned Litigation Recoveries definition

Assigned Litigation Recoveries means any Post-Restructuring Litigation Recoveries that are attributable to an Assigned Related DOCA Claim;
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Examples of Assigned Litigation Recoveries in a sentence

  • Any distributions of Assigned Litigation Recoveries shall be paid to the bank account nominated by a Related DOCA Creditor in its Admitted Group Creditor Letter (or a bank account otherwise notified to the Deed Administrators in accordance with the Admitted Group Creditor Letter).

  • Distributed to the Group Creditors of LTD in accordance with the statutory priority set out in the Regulations.Allocated to the Related DOCA Company which was originally entitled to the Assigned Related DOCA Claims from which the Assigned Litigation Recoveries arose.Allocated by LTD’s Deed Administrators in proportion to the loss suffered by the relevant Group DOCA Companies from which litigation claims arose.

  • Any Assigned Litigation Recoveries will be held for the relevant Admitted Group Creditors.

Related to Assigned Litigation Recoveries

  • Threatened litigation as used herein shall include governmental investigations and civil investigative demands. “Litigation” as used herein shall include administrative enforcement actions brought by governmental agencies. The Grantee must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Grant Agreement or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the Xxxxxxx’s financial condition.

  • Transaction Litigation means any Legal Proceeding commenced or threatened against a Party or any of its Subsidiaries, Affiliates or directors or otherwise relating to, involving or affecting such Party or any of its Subsidiaries or Affiliates, in each case in connection with, arising from or otherwise relating to the Merger or any other transaction contemplated by this Agreement, including any Legal Proceeding alleging or asserting any misrepresentation or omission in the Proxy Statement or any Other Required Company Filing.

  • Recoveries means, with respect to any Receivable that becomes a Liquidated Receivable, monies collected in respect thereof, from whatever source, during any Collection Period following the Collection Period in which such Receivable became a Liquidated Receivable, net of the sum of any amounts expended by the Servicer for the account of the Obligor and any amounts required by law to be remitted to the Obligor.

  • Intellectual Property Claim any claim or assertion (whether in writing, by suit or otherwise) that a Borrower’s or Subsidiary’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other Property violates another Person’s Intellectual Property.

  • Derivative Action means any Action brought by or in the right of the Corporation and/or an Affiliate.

  • Environmental justice means the fair treatment and

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.

  • Seller Intellectual Property means any Intellectual Property that is owned by either Seller and primarily used in connection with the Business.