Examples of Shared Contingent Gain in a sentence
The party with a minority interest in such Shared Contingent Gain shall not take, or permit any member of its Group to take, any action (including commencing any Action) that would interfere with such rights and powers of the other party.
Parent may elect not to pursue any Shared Contingent Gain for any reason whatsoever, including a different assessment of the merits of any action, claim or right or any business reasons that are in the best interest of Parent without regard to the best interests of the Company, and Parent will have no liability to any Person, including the Company, as a result of any such determination.
In the case of any Shared Contingent Gain, Allergan shall be entitled to retain from the amount of the Shared Contingent Gain otherwise payable to AMO, AMO's Shared Percentage of the costs and expenses paid or incurred by or on behalf of any member of the Allergan Group in connection with such Shared Contingent Gain.
Notwithstanding the foregoing, Allergan shall have sole and exclusive authority to commence, prosecute, settle, manage, control, conduct, waive, forgo, release, discharge, forgive and otherwise determine all matters whatsoever with respect to any Shared Contingent Gain.
The parties will share any benefit that may be received from any contingent gain other than any Exclusive Contingent Gain (a "Shared Contingent Gain") equally between the Company and the Parent, or on such other methodology to be established by the Contingent Claims Committee.