Common use of Litigation and Related Matters Clause in Contracts

Litigation and Related Matters. The commencement of, or any material development in, any action, suit, proceeding or investigation pending or threatened against or affecting Holdings or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, (i) in which the amount involved is $5,000,000 or more, (ii) with respect to any Document or any material Indebtedness or Capital Stock of Holdings or any of its Subsidiaries or (iii) which, if determined adversely to Holdings or any of its Subsidiaries, could reasonably be expected to have a Material Adverse Effect;

Litigation and Related Matters. The commencement of, or any material development in, any action, suit, proceeding or investigation pending or threatened against or affecting Holdings Parent or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, (i) in which the amount involved is $5,000,000 1,150,000 or more, (ii) with respect to any Document or any material Indebtedness or Capital Stock of Holdings Parent or any of its Subsidiaries or (iii) which, if determined adversely to Holdings Parent or any of its Subsidiaries, could reasonably be expected to have a Material Adverse Effect;

Litigation and Related Matters. The commencement of, or any material development in, any action, suit, proceeding or investigation pending or threatened against or affecting Holdings Borrower or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, (i) in which the amount involved is $5,000,000 or more, (ii) with respect to any Document or any material Indebtedness or Capital Preferred Stock of Holdings Borrower or any of its Subsidiaries or (iii) which, if determined adversely to Holdings Borrower or any of its Subsidiaries, could reasonably be expected to have a Material Adverse Effect;

Litigation and Related Matters. The commencement of, or any material development in, any action, suit, proceeding or investigation pending or threatened against or affecting Holdings or any of its Subsidiaries or any of their respective properties before any arbitrator or Governmental Authority, (i) in which the amount involved is $5,000,000 1,000,000 or more, (ii) with respect to any Document or any material Indebtedness or Capital Stock of Holdings or any of its Subsidiaries or (iii) which, if determined adversely to Holdings or any of its Subsidiaries, could reasonably be expected to have a Material Adverse Effect;; 77