Removal from Litigation Sample Clauses

Removal from Litigation. If (and as soon as) it is possible under the litigation relating to the original contracts for the Amethyst family of rigs without materially adversely affecting, in Synergy’s reasonable opinion, Synergy’s profile for recovery of damages under such litigation, Synergy shall cause that (a) the Company and its Subsidiaries, Petrodrill Six, Petrodrill Seven and any other Affiliates of Parent be removed from such litigation and (b) any powers of attorney or other authorities held by any member of the Synergy and its Related Persons in respect of those companies be cancelled, terminated and returned to Pride.