Claim or Litigation Clause Samples
Claim or Litigation. For the duration of any breach or default by Owner of any representation, warranty or agreement made hereunder, or of any claim or litigation asserted against Owner or the Property which interferes with Company’s development, financing, production or exploitation of the Picture. In addition to the foregoing, at any time during the pendency of any claim or litigation arising out of any such actual breach by Owner, Company, in addition to all of its legal and equitable remedies, may rescind this Agreement, in which event Owner shall refund any payments received from Company in connection with the Property (provided, however, that the parties’ representations, warranties and indemnification obligations survive any such rescission);
Claim or Litigation. For the duration of any material breach or default by Owners of any representation, warranty or agreement made hereunder, or of any claim or litigation asserted against Owners or the Property which materially interferes with Company’s development, financing, production, or exploitation of the Picture.;
Claim or Litigation. “Claim or Litigation” means any challenge by any third party (i) to the legality, validity or adequacy of the General Plan, Land Use Regulations, this Agreement, Development Approvals or other actions of the City pertaining to the Project, (ii) seeking damages against the City as a consequence of the foregoing actions, for the taking or diminution in value of their property or for any other reason, or (iii) seeking injunctive or declarative relief against the City as a consequence of the foregoing actions, or due to the action or inaction of the Developer.