Litigation and Claims definition

Litigation and Claims means litigation pending or threatened or claims alleged against Logix Parties and/or ▇▇▇▇▇▇ Parties, including, without limitation, civil and criminal actions, workers' compensation proceedings, administrative and regulatory proceedings, investigations, audits, inquiries, demands, claims (including any title claims relating to real properties) and threatened actions.
Litigation and Claims means litigation pending or threatened or claims alleged against Strategic Parties and/or USI Parties, including, without limitation, civil and criminal actions, workers' compensation proceedings, administrative and regulatory proceedings, investigations, audits, inquiries, demands, claims (including any title claims relating to any real property) and threatened actions.
Litigation and Claims. There is no action, suit, legal or administrative proceeding, arbitration, investigation or other proceeding or claim pending or, to the knowledge of Seller, threatened against, or affecting Seller or Seller's assets that, if adversely determined, might reasonably be expected to have a material adverse effect on the Stock, or Seller's ability to perform this Agreement or any aspect of the transactions contemplated by this Agreement.

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.


More Definitions of Litigation and Claims

Litigation and Claims. Except as set forth on Schedule 5.9, there is no action, suit, legal or administrative proceeding, arbitration, investigation or other proceeding or claim pending or, to the knowledge of Sellers, threatened against, or affecting Sellers or any part of the Business or the Purchased Assets that, if adversely determined, might reasonably be expected to have a material adverse effect on the Business, the Purchased Assets (or the use, operation or value thereof), or either Seller's ability to perform this Agreement or any aspect of the transactions contemplated by this Agreement .
Litigation and Claims. N" Seller's Counsel's Opinion "O" Banque Paribas' Consent "P" Buyer's Counsel's Opinion "Q" Assignment, ▇▇▇▇ of Sale, Conveyance "R" Special Warranty Deed "S" Assumption Agreement "T" Preliminary Settlement Statement CONSENT REGARDING RELEASE OF TRUST DEED AND SECURITY AGREEMENTS ________________________________________________________________________________ This Consent Regarding Release of Trust Deed and Security Agreements (this "Consent") is made and entered into this 14th day of July, 1997, by Banque Paribas for and in favor of Inland Resources, Inc. ("Inland"), which hereby accepts and agrees to the terms of this Consent.
Litigation and Claims means litigation and actions pending or threatened or claims alleged against any of the Transferor Parties or any of the OLP Parties, including civil and criminal actions, workers' compensation proceedings, administrative and regulatory proceedings, investigations, audits, inquiries, demands, claims (including any title claims relating to real properties), whether pending, threatened or alleged before, at or after the Effective Time. "Litigation Records" has the meaning assigned to such term in Section 6.6(b). "LP Interest" means an interest in the OLP that provides the holder thereof with the rights and obligations of a limited partner in accordance with the OLP Partnership Agreement. "LPG" means liquefied petroleum gas. -13- 484
Litigation and Claims means litigation pending or threatened or claims alleged against LCA Parties and/or USI Parties, including, without limitation, civil and criminal actions, workers' compensation proceedings, administrative and regulatory proceedings, investigations, audits, inquiries, demands, claims (including any title claims relating to any real property) and threatened actions.

Related to Litigation and Claims

  • 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.

  • 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 ▇▇▇▇▇▇▇’s financial condition.

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Causes of Action means any claims, interests, damages, remedies, causes of action, demands, rights, actions, suits, obligations, liabilities, accounts, defenses, offsets, powers, privileges, licenses, liens, indemnities, guaranties, and franchises of any kind or character whatsoever, whether known or unknown, foreseen or unforeseen, existing or hereinafter arising, contingent or non-contingent, liquidated or unliquidated, secured or unsecured, assertable, directly or derivatively, matured or unmatured, suspected or unsuspected, in contract, tort, law, equity, or otherwise. Causes of Action also include: (a) all rights of setoff, counterclaim, or recoupment and claims under contracts or for breaches of duties imposed by law; (b) the right to object to or otherwise contest Claims or Interests; (c) claims pursuant to sections 362, 510, 542, 543, 544 through 550, or 553 of the Bankruptcy Code; and (d) such claims and defenses as fraud, mistake, duress, and usury, and any other defenses set forth in section 558 of the Bankruptcy Code.