Litigation Liabilities definition

Litigation Liabilities means liabilities and expenses of UCAR, the Borrower and the Subsidiaries associated with (a) antitrust investigations and related lawsuits, settlements and claims of the type described in UCAR's Annual Report on Form 10-K for the year ended December 31, 1997, and UCAR's Quarterly Reports on Form 10-Q for the quarters ended March 31, 1998 and June 30, 1998 (together, the "SEC REPORTS"), (b) shareholder derivative lawsuits and claims of the type described in the SEC Reports and (c) securities lawsuits and claims of the type described in the SEC Reports and any investigations that may arise relating to the subject matter of such securities lawsuits and claims.

Litigation Liabilities means liabilities (whether actual or asserted), claims, judgments, settlements and expenses resulting from (a) the antitrust investigation by the United States Department of Justice disclosed prior to the date hereof or related antitrust investigations by other Governmental Authorities, (b) antitrust litigation, whether commenced by Governmental Authorities or other persons, arising out of the matters that are the subject of any such investigation, (c) related shareholder derivative lawsuits and claims and (d) related securities lawsuits and claims.

Litigation Liabilities has the meaning set forth in Section 2.4(a), below.

Examples of Litigation Liabilities in a sentence

• Litigation Liabilities for loss contingencies arising from claims, assessments, litigation, fines, penalties, and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated.

• Except as otherwise expressly provided in this agreement or with respect to Articles II, III and VI hereof, the D&B Group shall retain all Employee Benefit Litigation Liabilities that are asserted by D&B Pre-Distribution Employees prior to the Effective Time.

• As of the Closing Date, the Company shall assume (subject to the definition of Shared Transaction Litigation Liabilities) and be solely responsible for all Liabilities and obligations whatsoever in respect of Assumed Benefit Plans, and all assets held in trust to fund such plans and all insurance policies funding such plans shall be Retained Assets.

• It typically detects sulphate (SO 2-), nitrate (NO -), ammonium (NH +), chloride (Cl-), and organics (DeCarlo et al., 2006) from particles in the size range 0.07 – 1 µm, defined by the type of aerodynamic lens.

• Litigation Liabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated.

More Definitions of Litigation Liabilities

Litigation Liabilities means debts, obligations or liabilities arising from or relating to pending, threatened and unasserted claims (including, without limitation, customer complaints), litigation, legal actions, counterclaims, suits or arbitration or other legal, administrative or tax proceedings. Shochet further acknowledges that BlueStone will not acquire any assets of Shochet (other than the Accounts, Shochet Persons, Shochet Equipment, Shochet Leases and Shochet Equipment Leases), including, without limitation, Shochet's cash, securities (including marketable securities, options, warrants and other derivative securities), goodwill and litigation (the "Excluded Assets").

Litigation Liabilities means the amount of any unreimbursed claims, penalties, damages or liabilities to which the Marsh & McLennan Entities become subject in connection with or arising out of or related to the organization, financing, business or affairs of Trident.

Litigation Liabilities means all liabilities and obligations of Seller or any of its predecessors under all claims, demands, litigation, actions, suits, investigations, proceedings, assessments or judgments against, involving or applicable to or binding upon Seller or any of its predecessors or any of the CRM Assets.

Litigation Liabilities means liabilities and expenses of UCAR, Global, the Borrower and the Subsidiaries associated with (a) antitrust investigations and related lawsuits, settlements and claims of the type described in UCAR's Annual Report on Form 10-K for the year ended December 31, 1998, and UCAR's Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999 (together, the "SEC REPORTS"), (b) shareholder derivative lawsuits and claims of the type described in the SEC Reports and (c) securities lawsuits and claims of the type described in the SEC Reports and any investigations that may arise relating to the subject matter of such securities lawsuits and claims.

Litigation Liabilities means any debts, obligations or liabilities arising from or relating to pending, threatened and unasserted claims (including, without limitation, customer complaints), litigation, legal actions, counterclaims, suits or arbitration or other legal, administrative or tax proceedings against BlueStone or Shochet. BlueStone further acknowledges that Sands Brothers shall not acquire any assets of BlueStone (other than the Accounts, Bluestone Persons, and, if acquired, Bluestone Equipment, Bluestone Leases and Bluestone Equipment Leases), including, without limitation, BlueStone's cash, securities (including marketable securities, options, warrants and other derivative securities), goodwill and litigation rights (the "EXCLUDED ASSETS").

Litigation Liabilities means, in respect of the Shareholder Litigation, any amounts which Borrower has paid, or has become legally obligated to pay, as the case may be, in connection with any such Shareholder Litigation, whether pursuant to a final, nonappealable judgment, a judgment which is not stayed or appealed, a negotiated settlement, or otherwise, but excluding attorneys fees and disbursements.

Litigation Liabilities means (i) claims which involve any legal action or proceeding for which the Delaware Trustee or the Liquidating Trustee receives service of process; (ii) any pending claims with respect to litigation of which the Corporation is aware of on the Effective Date as listed on SCHEDULE E of the Trust Agreement or (iii) any future claims with respect to litigation that have not yet arisen or have not been made known to the Liquidating Trustee, but that, based on facts known to the Liquidating Trustee, are likely to arise or to become known within ten (10) years after the date hereof.