Ordinary Course Litigation has the meaning specified in Section 5.4.
Ordinary Course Litigation is defined in Section 4.01(d).
Ordinary Course Litigation means any litigation or arbitration proceeding commenced by a Mortgagor, or the assertion by a Mortgagor of any common or necessary or compulsory cause of action, defense or counterclaim, seeking to enjoin, hinder, delay, set aside or temporarily restrain a foreclosure proceeding or other enforcement action commenced by the holder or servicer of a Mortgage Loan or real estate owned Property in the ordinary course of its business.
Examples of Ordinary Course Litigation in a sentence
The Investors acknowledge and agree that the Company shall be entitled, following the date hereof, to amend and supplement Schedules 2.6 and 2.7(a), in each case solely to identify additional complaints from Litigation (other than complaints related to Ordinary Course Litigation) of which the Company did not have Knowledge on the date hereof, that are exceptions to the representations and warranties contained in such Sections 2.6 and 2.7(a).
The control and management of any suits and proceedings that are not Ordinary Course Litigation shall be determined on a case by case basis by the Members.
More Definitions of Ordinary Course Litigation
Ordinary Course Litigation means claims which relate to Reinsurance Agreements, Retrocession Agreements or Primary Policies entered into by Insurance Subsidiaries in the ordinary course of business.
Ordinary Course Litigation has the meaning assigned to such term in Section 3.04.
Ordinary Course Litigation means Litigation arising in the ordinary course of business of the Company and the Subsidiaries relating to the business and operations of the Company and the Subsidiaries which satisfies all of the following criteria:
Ordinary Course Litigation means any litigation or arbitration proceeding commenced by a
Ordinary Course Litigation is defined in Section 4.2. -------------------------- -----------
Ordinary Course Litigation is defined in Section 7.4. Participants is defined in Section 12.2.1. Participations is defined in Section 12.2.1.
Ordinary Course Litigation means any litigation or arbitration proceeding commenced by a Mortgagor, or the assertion by a Mortgagor of any common or necessary or compulsory cause of action, defense or counterclaim, seeking to enjoin, hinder, delay, set aside or temporarily restrain a foreclosure proceeding or other LEGAL02/43092007v4 enforcement action commenced by the holder or servicer of a Mortgage Loan or real estate owned Property in the ordinary course of its business.