Successful Outcome definition

Successful Outcome means obtaining the applicable remedies referred to in clauses (i) through (iv) of Section 6.19(b) or entering into a settlement or compromise of the Enforcement Action as set forth in Section 6.19(f).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Successful Outcome means the Dispute has been resolved by the Insured reaching a negotiated settlement with the Opponent, or has received a court judgment in their favour, unless otherwise specified in the Schedule.

Successful Outcome means, with respect to a customer:

Examples of Successful Outcome in a sentence

In the event of a Successful Outcome where the Resolution Sum is $80 million or greater, an Uplift Fee of 25% is payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ on the Conditional Percentage of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇’▇ Professional Fees.
If we were required to prosecute your individual case our current estimate of costs associated with that work is set out below: Obtaining instructions $5,000 Preparing and settling individual damages claim $10,000 ESTIMATE OF TOTAL COSTS BORNE BY ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ UNLESS THERE IS A SUCCESSFUL OUTCOME ▇▇▇▇▇▇▇▇▇ as indicated below unless there is a Successful Outcome, in which case they will be shared among Claimants (as set out above).
If the Schedule states that the Percentage Uplift is 25% and 100% of Professional Fees are conditional: If there is a Successful Outcome and our total Professional Fees are $10,000, you pay the $10,000 plus 25% of that figure being $2,500.
Subject to the terms of this Section 6.19, the Company and Parent shall (and shall cause their respective attorneys and advisors to) cooperate with each other and use reasonable best efforts to take all actions, and do, or cause to be done, all things reasonably necessary or advisable to achieve a Successful Outcome (as defined below) of the Enforcement Action, including preparing and filing all documentation reasonably required in connection therewith.
Subject to the terms of this Section 6.22, the Company and Parent shall (and shall cause their respective attorneys and advisors to) cooperate with each other and use reasonable best efforts to take all actions, and do, or cause to be done, all things reasonably necessary or advisable to achieve a Successful Outcome (as defined below) of the Enforcement Action, including preparing and filing all documentation reasonably required in connection therewith.

More Definitions of Successful Outcome

Successful Outcome means, [***].

Successful Outcome means that, (i) in its final award, (A) the arbitration tribunal in the Gulf LNG Arbitration makes no amendments to the Eni Contract that are adverse to the Company, (B) the Eni Contract remains in effect as it exists prior to such award (except for such amendments that do not adversely affect the Company) and (C) awards, in the aggregate, less than $25,000,000 of damages to Eni or (ii) in the case of a settlement of the Gulf LNG Arbitration, (A) no amendments are made to the Eni Contract that are adverse to the Company, (B) the Eni Contract remains in effect as it exists prior to such settlement (except for such amendments that do not adversely affect the Company) and (C) such settlement includes, in the aggregate, the payment of less than $25,000,000 of damages to Eni.

Successful Outcome means [***]: (i) [***] (ii) [***] (iii) [***] or as may be otherwise defined and mutually agreed between the parties.

Successful Outcome means the outcome a reasonable individual would intend to achieve in the proceedings in all the circumstances of the case.

Successful Outcome means [describe what constitutes a “successful outcome” – for example “…you receiving an amount of money after the payment of all liabilities (including tax) both to us and to any other person including any opposing party”].

Successful Outcome means the client becomes eligible for and receives at least $1.00 of SSI or SSDI disability benefits.

Successful Outcome means clients either sustained their existing housing, moved into alternative stable housing without an intervening episode of homelessness, or addressed a tenancy legal issue that was a barrier to accessing safe housing.