Multiple Prevailing Parties Sample Clauses
The "Multiple Prevailing Parties" clause defines how legal costs, fees, or other benefits are allocated when more than one party is deemed to have prevailed in a dispute. In practice, this clause outlines the method for determining each party's share of recoverable costs or awards, often based on the specific claims or issues on which each party succeeded. By clarifying the distribution of prevailing party benefits, this clause prevents ambiguity and potential further disputes over entitlement to legal fees or other remedies when both sides achieve partial victories.
Multiple Prevailing Parties. The Parties acknowledge and agree that, in certain circumstances, both may be considered prevailing Parties in any litigation brought between them concerning this Agreement, particularly if both bring claims against the other in the form of original claims by the plaintiff Party and counterclaims by the defendant Party or if 1 Party asserts numerous claims against the other and some or all of those claims are successfully defended against.
Multiple Prevailing Parties. The Parties acknowledge and agree that, in certain circumstances, both may be considered prevailing Parties in any litigation brought between them concerning this Agreement, particularly if both bring claims against th e other in the form of original claims by the plaintiff Party and counterclaims by the defendant Party or if 1 Party asserts numerous claims against the other and some or all of those claims are successfully defended 4Allocated Annual Hours is calculated by multiplying a 40 hour work week by 52 weeks, the number of weeks in a year. against.