Common use of Litigation; Claims Clause in Contracts

Litigation; Claims. All rights (including indemnification) and claims and recoveries under litigation of the Company against third parties (other than rights, claims and recoveries acquired by Purchaser pursuant to SECTION 1.01(a)(xi)), arising out of or relating to events prior to the Transfer Time;

Litigation; Claims. All rights (including indemnification) and claims and recoveries under litigation of the Company against third parties (other than rights, claims and recoveries acquired by Purchaser pursuant to SECTION 1.01(a)(xi)), including, without limitation, the Company's pending insurance claim relating to the sinking of the Company's tent barge, arising out of or relating to events prior to the Transfer Time;