Litigation and Claims definition
Examples of Litigation and Claims in a sentence
Before commencing any action to ▇▇▇▇▇ or to prevent the infringement, Alliance will first consult with the DOE, as required by the Litigation and Claims provision of the Prime Contract between DOE and Alliance, and in the event DOE authorizes Alliance to undertake an infringement suit, Alliance shall further consult with Licensee to determine if Licensee also wishes to enter into such suit.
Such Litigation and Claims shall be referred to as the “Schedule A Litigation”.
The Parties note that such businesses are and have historically been, unique and separate businesses, and that it is the intent of the Parties that the Litigation and Claims referred to herein, and any subsequent litigation related to any of the businesses of any of the Corporate Entity Parties, should be allocated as much as possible to the type of business out of which the Litigation or Claim arose.
Thus, it is the intent of the parties that MWA be responsible for all Litigation and Claims arising from the flow control businesses, and that WLT be responsible for all Litigation and Claims arising from the home construction and sales related businesses and coal-related businesses, and that Litigation and Claims that relate to both shall be allocated and shared as agreed to by the Parties, or as determined by the Arbitrator as set out below.
At the outset of each matter, the law firm, in collaboration with Claims Litigation and Claims Legal Counsel (where applicable), will develop a specific Action Plan for the handling of each case.
Such Litigation and Claims shall be referred to as the “Schedule B Litigation”.
Such Litigation and Claims shall be referred to as the “Schedule C Litigation”.
The Receiver and the Bridge Bank agree, upon the request of the other Party, to execute, record and deliver, as appropriate any such notices, instruments or documents of conveyance, or undertake any proceedings, as necessary to vest in the appropriate Party its full legal or equitable title in and to the assets, liabilities, obligations, Litigation, and Claims of the Failed Bank as allocated by this Agreement.
It is the intent of the Parties that the Litigation and Claims provided for be assumed fully by one Party or the other, or that the parties agree to allocate responsibility for such Litigation or Claims between themselves in the same fashion as envisioned for the Schedule C Litigation.
To the best of the knowledge of Company and its officers and directors, there are no pending claims or litigation against Company, except as disclosed on Schedule 3.17, Litigation and Claims.