Goodwill Litigation definition

Goodwill Litigation means California Federal Bank v. United States, Civil Action No. 92-138C, filed on February 28, 1992, in the United States Court of Federal Claims.
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Goodwill Litigation shall have the meaning set forth in Section 1.6.
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Goodwill Litigation means Charter Federal Savings Bank v. United States, Civil Action No. 95-513C, filed on August 7, 1995, in the United States Court of Federal Claims, in which Charter alleges that the United States breached certain contractual commitments regarding the computation of its regulatory capital and deprived Charter of certain of its property rights without just compensation in violation of the United States Constitution.
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Examples of Goodwill Litigation in a sentence

  • Those assets and interests include, among others, the Trust Preferred Securities, the right to certain Tax Refunds, the Disputed Accounts, certain judgment awards arising from the Goodwill Litigation (as described below), assets of the trusts supporting deferred compensation arrangements covering current and former employees of WMB, equity interests in Visa Inc., certain intellectual property and certain contractual rights.

  • The Company will be entitled to retain the remaining 25% of any damages awarded to the Savings Bank, net of expenses and certain other items, in the Goodwill Litigation.

  • The goodwill preferred stock entitles the holders thereof to 75% of any settlement damages awarded upon a final judgment to the Savings Bank, net of expenses and certain other items, as a result of the Savings Bank's lawsuit against the United States seeking damages for breach of contract related to the elimination and exclusion of supervisory goodwill in the computation of the Savings Bank's regulatory capital in connection with the Company's acquisition of the Savings Bank ("Goodwill Litigation").

  • Within five (5) ------------- business days following Purchaser's receipt of payment pursuant to irrevocable settlement or other resolution of the Goodwill Litigation by final judgment subject to no further appeal, and, as further consideration for the sale of the Shares to Purchaser, Purchaser shall pay Seller fifty percent (50%) of the "net recovery" from the Goodwill Litigation.

  • Purchaser agrees to employ as counsel for prosecution of the Goodwill Litigation the firm of Xxxxxx & Carvin, PLLC, provided, however, that Purchaser and Seller may mutually agree at any time to retain other or additional counsel.

  • Both the Holding Company and the Bank will be fully reimbursed by Seller for 30% of 95% of all future costs and expenses (including attorneys' fees) directly or indirectly relating to or arising out of or in connection with such Goodwill Litigation.

  • Both the Holding Company and the Bank will be fully reimbursed by Seller for 60% of 95% of all future costs and expenses (including attorneys' fees) directly or indirectly relating to or arising out of or in connection with such Goodwill Litigation.

  • AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2000, 1999, and 1998 -------------------------------------------------------------------------------- NOTE 13 - CAPITAL MATTERS (Continued) Company will be entitled to retain the remaining 25% of any damages awarded to the Savings Bank, net of expenses and certain other items, in the Goodwill Litigation.

  • The Charter Stockholders will not have any rights to receive payment in respect of the Goodwill Litigation except to the extent expressly provided in the Agreement, as amended hereby.

  • Both the Holding Company and the Bank have been ------------------- reimbursed for 100% of all costs and expenses incurred to date (including attorneys' fees) directly or indirectly relating to or arising out of or in connection with the so-called "Goodwill Litigation" (i.e, Southern California ------------------------ Federal Savings and Loan Association, et al.


More Definitions of Goodwill Litigation

Goodwill Litigation means the proceeds of the judgments entered, or to be entered in the future, in Anchor Savings Bank, FSB v. United States, No. 95-39C (Fed Cl.) and American Savings Bank, F.A. v. United States, No. 92-872C (Fed Cl.).
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Related to Goodwill Litigation

  • 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.

  • Material Litigation means any litigation that, according to

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • Litigation means any lawsuit, action, arbitration, administrative or other proceeding, criminal prosecution or governmental investigation or inquiry.

  • Transaction Litigation has the meaning set forth in Section 5.2(d).

  • Disclosed Litigation has the meaning specified in Section 3.01(b).

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • Intellectual Property Claim means the assertion by any Person of a claim (whether asserted in writing, by action, suit or proceeding or otherwise) that any Borrower’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other property or asset is violative of any ownership of or right to use any Intellectual Property of such Person.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Infringement has the meaning set forth in Section 6.3(a).

  • Complaint Investigation means an investigation of any complaint that has been made to a proper authority that is not covered by an abuse investigation.

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Patent Prosecution means the responsibility and authority for (a) preparing, filing and prosecuting applications (of all types) for any Patent, (b) paying, filing and maintenance fees relating to any Patent, (c) managing any interference, opposition, re-issue, reexamination, revocation, nullification, or cancellation proceeding relating to the foregoing, (d) deciding to abandon Patent(s) and (e) settling any interference, opposition, revocation, nullification or cancellation proceeding.

  • Infringement Claim has the meaning set forth in Section 8.2(a).

  • Goodwill means all goodwill, trade secrets, proprietary or confidential information, technical information, procedures, formulae, quality control standards, designs, operating and training manuals, customer lists, and distribution agreements now owned or hereafter acquired by any Person.

  • Infringement Action has the meaning set forth in Section 9.6(b).

  • Plaintiffs’ Releasees means Plaintiffs, and any and all of their related parties, including, without limitation, any and all members of their immediate families, agents or other persons acting on their behalf, attorneys, advisors, financial advisors, accountants, assigns, creditors, heirs, estates and legal representatives.

  • Informal proceedings means proceedings for probate of a will or appointment of a personal representative conducted by the probate register without notice to interested persons.

  • Background investigation means the investigation conducted by a licensee or applicant to support the determination of trustworthiness and reliability.

  • Third Party Infringement has the meaning set forth in Section 5.1.

  • Third Party Infringement Claim has the meaning set forth in Section 23.5.1.

  • Investigations The Xxxxxxx, when requested by one or a number of employees whom he/she represents, may investigate the basis for any dispute arising under this Agreement and may, at any stage, assist the employee(s) in seeking resolution of such dispute through the grievance procedure provided herein. A representative of the Union may substitute in place of the Xxxxxxx.

  • Defendants’ Releasees means Defendants and their current and former parents, affiliates, subsidiaries, officers, directors, agents, successors, predecessors, assigns, assignees, partnerships, partners, trustees, trusts, employees, Immediate Family Members, insurers, reinsurers, and attorneys.

  • Third Party Intellectual Property means the Intellectual Property Rights of a third party which Supplier uses or incorporates into the Work.

  • Investigation means the Bureau’s decision to hold and not process the Company’s license renewal applications identified in Appendix A due to the Company’s inability to certify compliance with its public file obligations.

  • Business Intellectual Property Rights means (a) the Intellectual Property Rights owned or licensed by the Group Companies and (b) any other Intellectual Property Rights owned or licensed by Seller or any of its other Subsidiaries and used solely in the conduct of the Business.