Examples of Litigation Threshold in a sentence
Any final non-appealable judgment by any competent court in the United States of America for the payment of money is rendered against any Seller Party in an amount at least equal to the applicable Litigation Threshold, and such judgment remains undischarged or unpaid for a period of thirty (30) days, during which period execution of such judgment is not effectively stayed by bonding over or other means acceptable to Purchaser in its sole and absolute discretion.
Except as disclosed in writing to Purchaser, there are no judgments against any Seller Party unsatisfied of record or docketed in any court located in the United States of America which in the aggregate require the payment of money in an amount at least equal to the applicable Litigation Threshold.
Except as disclosed in writing to Purchaser, there are no judgments for an aggregate amount greater than the Litigation Threshold against any Seller Party unsatisfied of record or docketed in any court located in the United States of America.
No Dispute Proceeding shall be pending against the Company or any of its assets or properties before any Governmental Entity that would reasonably be anticipated (as determined by the Dispute Proceeding method set forth in Section 6.02(e) of the Company Disclosure Letter) to result in payment by the Company of more than the Net Litigation Threshold Amount (as such term is defined in Section 6.02(e) of the Company Disclosure Letter).
Except as otherwise disclosed in writing to Purchaser, there are no judgments against Guarantor unsatisfied of record or docketed in any court located in the United States of America which, in the aggregate (x) require the payment of money in an amount at least equal to the applicable Litigation Threshold or (y) could be reasonably likely to have a Material Adverse Effect.