Common use of Judgments and Proceedings Clause in Contracts

Judgments and Proceedings. (A) (1) The entry of any judgment or decree against Xxxxx or any of Kelly’s Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against such Person and its Subsidiaries, as the case may be, exceeds $15,000,000 after deducting (I) the amount with respect to which such Person or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (II) the amount for which such Person or any such Subsidiary, as the case may be, is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the Administrator, and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx or any of Kelly’s Subsidiaries which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.

Judgments and Proceedings. (A) (1) The entry of any judgment or decree against Xxxxx Xxxxxxx, the Servicer or any of Kelly’s their respective Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against such Person the Xxxxxxx, the Servicer and its Subsidiaries, as the case may be, their respective Subsidiaries exceeds $15,000,000 10,000,000 after deducting (Ia) the amount with respect to which such Person the Xxxxxxx, the Servicer or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (IIb) the amount for which such Person the Xxxxxxx, the Servicer or any such Subsidiary, as the case may be, Subsidiary is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the AdministratorAgent, and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx or any of Kelly’s Subsidiaries the Xxxxxxx, the Servicer which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.

Judgments and Proceedings. (A) (1A)(1) The entry of any judgment or decree against Xxxxx VWR or any of Kelly’s Subsidiaries other Originator if the aggregate amount of all judgments and decrees then outstanding against such Person and its Subsidiaries, as the case may be, exceeds $15,000,000 200,000,000 after deducting (I) the amount with respect to which such Person or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (II) the amount for which such Person or any such Subsidiary, as the case may be, is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the Administrator, Administrator and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx VWR or any of Kelly’s Subsidiaries whichother Originator which is reasonably likely to be adversely determined and, individually or in the aggregate, could reasonably be expected to have a Seller Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.. (iii)

Judgments and Proceedings. (A) (1A)(1) The entry of any judgment or decree against Xxxxx VWR or any of Kelly’s Subsidiaries other Originator if the aggregate amount of all judgments and decrees then outstanding against such Person and its Subsidiaries, as the case may be, exceeds $15,000,000 35,000,000 after deducting (I) the amount with respect to which such Person or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (II) the amount for which such Person or any such Subsidiary, as the case may be, is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the Administrator, Administrator and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx VWR or any of Kelly’s Subsidiaries whichother Originator which is reasonably likely to be adversely determined and, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.

Judgments and Proceedings. (A) (1A)(1) The entry of any judgment or decree against Xxxxx VWR or any of Kelly’s Subsidiaries other Originator if the aggregate amount of all judgments and decrees then outstanding against such Person and its Subsidiaries, as the case may be, exceeds $15,000,000 200,000,000 after deducting (I) the amount with respect to which such Person or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (II) the amount for which such Person or any such Subsidiary, as the case may be, is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the Administrator, Administrator and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx VWR or any of Kelly’s Subsidiaries whichother Originator which is reasonably likely to be adversely determined and, individually or in the aggregate, could reasonably be expected to have a Seller Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.

Judgments and Proceedings. (A) (1) The entry of any judgment or decree against Xxxxx or any of Kelly’s Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against such Person and its Subsidiaries, as the case may be, exceeds $15,000,000 15,000,00025,000,000 after deducting (I) the amount with respect to which such Person or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (II) the amount for which such Person or any such Subsidiary, as the case may be, is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the Administrator, and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx or any of Kelly’s Subsidiaries which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.

Judgments and Proceedings. (A) (1A)(1) The entry of any judgment or decree against Xxxxx VWR or any of Kelly’s Subsidiaries other Originator if the aggregate amount of all judgments and decrees then outstanding against such Person and its Subsidiaries, as the case may be, exceeds $15,000,000 35,000,000 after deducting (I) the amount with respect to which such Person or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (II) the amount for which such Person or any such Subsidiary, as the case may be, is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the Administrator, Administrator and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx VWR or any of Kelly’s Subsidiaries whichother Originator which is reasonably likely to be adversely determined and, individually or in the aggregate, could reasonably be expected to have a Seller Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.

Judgments and Proceedings. (A) (1) The entry of any judgment or decree against Xxxxx or any of Kelly’s Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against such Person and its Subsidiaries, as the case may be, exceeds $15,000,000 25,000,000 after deducting (I) the amount with respect to which such Person or any such Subsidiary, as the case may be, is insured and with respect to which the insurer has assumed responsibility in writing, and (II) the amount for which such Person or any such Subsidiary, as the case may be, is otherwise indemnified if the terms of such indemnification are reasonably satisfactory to the Administrator, and (2) the institution of any litigation, arbitration proceeding or governmental proceeding against Xxxxx or any of Kelly’s Subsidiaries which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; and (B) the entry of any judgment or decree or the institution of any litigation, arbitration proceeding or governmental proceeding against the Seller.