LSW Claim definition
LSW Claim means LSW’s claim for repayment of LSW's payment of EUR 299,930,000 on 18 March 2011 ("LSW Payment"), plus ancillary claims for compensation for costs related to LSW's financing of the LSW Payment ("LSW Costs") and interest for the LSW Payment and LSW Costs against the Company whether pursued in parallel or as currently pursued in the Commercial Court of Vienna under the court file 51 Cg 52/15a, less the amount of EUR 146,700,000 paid to LSW by the Company on 21 December 2016 (the "LSW Commercial Court Action"). For the avoidance of doubt, the expression "LSW Claim" shall include any element of the aforementioned claim which LSW may subsequently pursue in the Regional Court of Vienna (Landesgericht für Zivilrechtssachen Wien) or, upon appeal, in any higher court or, in the event that any such claim is referred back by any such higher court, in any lower court.
Examples of LSW Claim in a sentence
With effect from the date of any LSW Claim Dismissal or any LSW Settlement, LSW shall not make any further claims against the Company in relation to the LSW Claim, the LSW Claim Dismissal or the LSW Settlement or otherwise take any further action to enforce the LSW Claim or the LSW Settlement against the Company.
With effect from the Accordion Increase Date relating to the LSW Accordion, the LSW Claim and the LSW Settlement against the Company shall be immediately and irrevocably satisfied in full.