Resolution of Litigation Sample Clauses

Resolution of Litigation. NCRR and NSR agree that the STB compensation and federal court proceedings will be voluntarily dismissed by the parties without prejudice within twenty days of execution of this Agreement and all necessary approvals have been obtained.
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Resolution of Litigation. On June 6, 1997, Centocor and the Partnership reached an agreement to settle a dispute over payments owed to investors in Centocor Partners III, L.P. The settlement is subject to court approval, for which a hearing is scheduled on September 4, 1997. If approved, the agreement would result in one-time cash payments per Unit of approximately $420 in 1997, $280 in 1998, and $95 if and when ReoPro is approved for marketing in Japan. The Partnership is also entitled to receive payments based on the sales of ReoPro over the next 10 years, which have been revised under the settlement agreement. The Purchaser has considered the value of these payments in determining the Purchase Price.
Resolution of Litigation. At this time and at this particular point in the process resulting from the Supreme Court’s Mt. Xxxxxx XX decision, even though fair share obligations have yet to be definitively determined, it is appropriate for the Parties to resolve River Park’s intervention, provide for the construction of affordable housing for low- and moderate-income households, and generate affordable housing credits for the Township to apply to its Third Round obligation.
Resolution of Litigation. The Litigation shall be resolved by filing of the stipulated judgment pursuant to section 11 below.
Resolution of Litigation. If within thirty (30) days prior to the termination of the Initial Term or Renewal Term, as the case may be, the Litigation has been resolved in accordance with Section 1(b), and Licensee has exercised the Exclusive Option, Licensee shall have the sole option to renew this Agreement upon the same terms and conditions set forth herein; provided, however, with respect to Licensee's obligations pursuant to Section 5 of this Agreement, Licensee shall be obligated to pay to Licensors, in addition to the compensation described in Section 5(b) which has not been paid, if any, only the payments described in Section 5(a)(v) and Section 5(e), and the amount of such payments may be adjusted as mutually agreed by the parties. Should Licensee fail to exercise the Exclusive Option, the parties may mutually agree to renew this Agreement upon terms and conditions as agreed upon by the parties.
Resolution of Litigation. The pending litigation relating to the decision of the Nevada State Water Engineer to grant the water permits for the Mt. Hope Project shall have become final and nonappealable or dismissed with prejudice.
Resolution of Litigation. The Company shall have resolved its litigation with Albertson's, Inx. xx xxxxx acceptable to such Investor, in such Investor's sole and absolute discretion.
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Resolution of Litigation. The following litigation and proceedings shall have been dismissed with prejudice or otherwise finally resolved with respect to the Mandatory Signatory Parties:
Resolution of Litigation. The final resolution, as solely determined by CITY, of any claims, demands, litigation, or threatened litigation, if any, relating to the (i) proposed sale of the School Property from CITY to DISTRICT, (ii) proposed use of the School Property for educational purposes, (iii) the proposed construction of improvements on the School Property or CITY Property, (iv) environmental clearance for this Agreement or subsequent Joint Use Agreement, or (v) School Property, CITY Property, or Joint Use Area in any other manner whatsoever. For this condition only, and notwithstanding any other language in this Section (2), if the condition described in this subsection (b) fails to be satisfied, the Deposit shall be returned to DISTRICT.
Resolution of Litigation. The parties commit to meet their obligations in good faith and to resolve via an amicable negotiation the possible discrepancies or claims that arise in the execution of the present agreement in relation to the same or with its noncompliance, rescinding or invalidity. If an agreement is not reached within the 60 days following the receipt of written notification from the other party of discrepancies, such discrepancies or claims will be resolved definitively in agreement with the Conciliation Regulation and Arbitration of the International Chamber of Commerce by one of three arbitrators named in agreement with this Regulation. The applicable law shall be Venezuelan law and the place of arbitration shall be Caracas. The arbitration process shall take place in Spanish. The presentation of an arbitration case will not represent non- compliance of the present contract. The arbitration costs shall be paid in agreement with the arbitrator's decision. The arbitrator's decision shall be definitive and will commit the parties, which in this agreement renounce all appeal rights. The arbitrator's decision will apply in conformance with the New York Convention regarding recognition and execution of Foreign Arbitration Decisions.
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