Litigation Credit definition

Litigation Credit means a credit towards the Purchase Price in the amount of Five Million Dollars ($5,000,000.00).

Examples of Litigation Credit in a sentence

  • To avoid duplication, the Deal Litigation Credit shall be reduced to the extent of any Deal Litigation Costs paid prior to Closing or any liabilities that constitute Deal Litigation Costs that are incurred prior to Closing only to the extent such Deal Litigation Costs are reflected in the calculation of Net Cash, and all to the extent reasonably agreed to by the Company.