Litigation Undertaking definition

Litigation Undertaking means the undertaking given by LTD in Clause 11 (Litigation Undertaking) of the LTD DOCA;
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Litigation Undertaking means the undertaking given by the Deed Company in Clause 11 (Litigation Undertaking);
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Examples of Litigation Undertaking in a sentence

  • This IPO Litigation Undertaking Agreement may be executed in counterparts, all of which shall be considered one and the same agreement, and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties.

  • Project expenses that occur prior to actually receiving direct payment may have to be financed by bridge loans that impose their own costs, risks, and timelines.

  • Xxxx shall have executed and delivered to Acquiror the IPO Litigation Undertaking.

  • Acquiror, the Surviving Corporation, and CAR have caused this IPO Litigation Undertaking Agreement to be signed either individually or by their respective officers or thereunto duly authorized all as of the date first written above.

  • It is accordingly agreed that the parties hereto shall be entitled to an injunction or injunctions to prevent breaches of this IPO Litigation Undertaking Agreement and to enforce specifically the terms and provisions hereof.

  • Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties shall negotiate in good faith to modify this IPO Litigation Undertaking Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated by this IPO Litigation Undertaking Agreement may be consummated as originally contemplated to the fullest extent possible.

  • The headings contained in this IPO Litigation Undertaking Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this IPO Litigation Undertaking Agreement.

  • The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this IPO Litigation Undertaking Agreement were not performed in accordance with their specific wording or were otherwise breached.

  • In order to induce Parent and Acquiror to enter into the Merger Agreement, CAR, as a director, officer and stockholder in the Company, has agreed to enter into this IPO Litigation Undertaking Agreement.

  • The parties to this IPO Litigation Undertaking Agreement expressly agree that the CAR, in connection with his IPO Litigation Undertaking, is not intending to enter into any employment or independent contractor relationship with the Acquiror or Surviving Corporation and the obligations undertaken by CAR under this agreement shall not be construed to constitute Parent, Surviving Corporation and CAR as partners, joint venturers, co-owners or otherwise as participants in a joint or common undertaking.

Related to Litigation Undertaking

  • Disclosure Undertaking means the Continuing Disclosure Undertaking, dated as of the Dated Date, relating to certain obligations contained in the SEC Rule.

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • insurance undertaking means an insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC;

  • Group Undertaking means the Company or another undertaking in the group;

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower that are customary in a Securitization Financing.

  • Confidentiality Undertaking means a confidentiality undertaking substantially in a recommended form of the LMA or in any other form agreed between the Borrower and the Agent.

  • Performance Undertaking means that certain Performance Undertaking, dated as of the Closing Date, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Undertaking means any natural or legal person, whether profit-making or not, or any official body whether having its own personality or not;

  • Guarantee and Adherence Agreement means the guarantee and adherence agreement pursuant to which the Guarantors shall, amongst other, (i) guarantee all amounts outstanding under the Finance Documents, including but not limited to the Bonds, plus accrued interests and expenses, (ii) agree to subordinate all subrogation claims, and (iii) undertake to adhere to the terms of the Finance Documents.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person: