Satisfaction of Judgments Sample Clauses

Satisfaction of Judgments. Except as provided in Section 8.5 of this Agreement, all judgments against the Partnership and the General Partner, wherein the General Partner (including any employee, Affiliate, officer or director of the General Partner) is entitled to indemnification, must first be satisfied from Partnership assets before the General Partner is responsible for those judgments. 14.5
Satisfaction of Judgments. All judgments against the Partnership and the General Partners, wherein the General Partners are entitled to indemnification, must first be satisfied from Partnership assets before the General Partners are responsible for those obligations.
Satisfaction of Judgments. Pay or otherwise satisfy, and cause of each of its Subsidiaries to pay or otherwise satisfy, every final judgment from which no further appeal may be taken in excess of $100,000 entered against it or such Subsidiary within 60 days after entry thereof or after the expiration of any stay of execution with respect thereto.
Satisfaction of Judgments. As soon as practicable, upon Effective Date of this Agreement, KTCCU will, at its cost, file satisfactions of judgment for all members of the Class who have judgments entered against them that are the subject of the Litigation. For purposes of determining the amount of any award to be made to the Plaintiff or Plaintiff’s Counsel, the Judgment Write-Off or the sum of all judgments deemed satisfied pursuant to this paragraph is $0 and shall be included as part of the Gross Settlement Fund.
Satisfaction of Judgments. If the RL Defendants have (i) made all the payments set forth in Section 2 on a timely basis, and (ii) complied with their duty of cooperation as set forth in Sections 4 and 5, then:
Satisfaction of Judgments. In consideration for making the foregoing disputed payments with respect to the Wachovia Judgment, immediately upon receipt of payment in full under Paragraph 2 above ($585,000), Second Party shall: (a) record satisfactions of judgments for the Wachovia Judgment in each and every county in which the Wachovia Judgment has been recorded to the knowledge of Second Party, and in any other county as may be directed by First Party: and also (b) record satisfactions of judgments for each of the following judgments owned and held by Second Party in each and every county in which either of those judgments has been recorded to the knowledge of Second Party, and in any other county as may be directed by First Party: (i) a Default Judgment against Mariano obtained on January 28, 2003, by Wachovia Bank, National Association in the State of North Carolina, County of Mecklenburg, In the General Court of Justice, Superior Court Division, Case No. 02-CVS-13780, and (ii) a Default Judgment obtained by Wachovia Bank on or about October 14, 2002 against New Pacific and Mariano, in the State of North Carolina, County of Mecklenburg, In the General Court of Justice, Superior Court Division, Case No. 01-CVS-588 (collectively, the “Undomesticated Judgments”).
Satisfaction of Judgments. The Company shall not, and the Company shall cause each of its subsidiaries not to, allow any judgment against the Company or such subsidiary, as the case may be, to remain unsatisfied; provided that the Company shall not be required to satisfy, and the Company shall not be obligated to cause any of its subsidiaries to satisfy, any judgment so long as the validity thereof is being contested in good faith by appropriate proceedings and, if the Company or such subsidiary, as the case may be, shall have set aside on its books reserves deemed by the Company or such subsidiary, as the case may be, in accordance with generally accepted accounting principles to be adequate with respect to such judgment, unless such payment is necessary to prevent forfeiture or loss of a material part of the properties or assets of the Company or such subsidiary, as the case may be.
Satisfaction of Judgments. Buyer shall have received, in form ------------------------- reasonably satisfactory to Buyer in its sole discretion, evidence of the satisfaction and release of all judgment liens and pending litigation judgments to which the Seller is a party.

Related to Satisfaction of Judgments

SATISFACTION OF JUDGMENT The obligations of Landlord do not constitute the personal obligations of the individual partners, trustees, directors, officers, members or shareholders of Landlord or its constituent partners or members. Should Tenant recover a money judgment against Landlord, such judgment shall be satisfied only from the interest of Landlord in the Project and out of the rent or other income from such property receivable by Landlord, and no action for any deficiency may be sought or obtained by Tenant.
Enforcement of Judgments Under the laws of the Cayman Islands, the courts of the Cayman Islands will recognize and give effect to the choice of law provisions set forth in Section 4.2 hereof and would recognize and enforce a final and conclusive judgment in personam obtained in any U.S. court against the Company to enforce this Agreement under which a sum of money is payable (other than a sum of money payable in respect of multiple damages, taxes or other charges of a like nature or in respect of a fine or other penalty) without any re-examination of the merits of the underlying dispute, provided that (i) such court had proper jurisdiction over the parties subject to such judgment; (ii) such court did not contravene the rules of natural justice of the Cayman Islands; (iii) such judgment was not obtained by fraud; (iv) the enforcement of the judgment would not be contrary to the public policy of the Cayman Islands; (v) such judgment imposes on the judgment debtor a liability to pay a liquidated sum for which the judgment has been given; and (vi) there is due compliance with the correct procedures under the laws of the Cayman Islands. Except as described in the Relevant Public Filings, under the laws of the PRC, the choice of law provisions set forth in Section 15 hereof will be recognized by the courts of the PRC and any final and conclusive judgment obtained in any Specified Court (as defined below) arising out of or in relation to the obligations of the Company under this Agreement would be recognized in PRC courts if and only if all procedural and substantive requirements under Article 282 of the PRC Civil Procedure Law and other relevant rules and regulations thereunder as applicable to the said judgment are determined by such court to have been satisfied.
Satisfaction of Obligations The Borrower shall pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves with respect thereto have been provided on the books of the Borrower.
Satisfaction of Claims Unless otherwise provided herein, any distributions and deliveries to be made on account of Allowed Claims hereunder shall be in complete settlement, satisfaction and discharge of such Allowed Claims.
Notice of Litigation and Judgments The Borrower will give notice to the Agent in writing within five (5) Business Days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting the Borrower, any Guarantor or any of their respective Subsidiaries or to which the Borrower, any Guarantor or any of their respective Subsidiaries is or is to become a party involving an uninsured claim against the Borrower, any Guarantor or any of their respective Subsidiaries that could either reasonably be expected to cause a Default or could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrower will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the Lenders, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against the Borrower or any of their respective Subsidiaries in an amount in excess of $10,000,000.00.
Litigation and Judgments Except as specifically disclosed in Schedule 6.5 as of the date hereof, there is no action, suit, investigation, or proceeding before or by any Governmental Authority or arbitrator pending, or to the knowledge of Borrower, threatened against or affecting Borrower, any of its Subsidiaries, or any other Obligated Party that could, if adversely determined, result in a Material Adverse Event. There are no outstanding judgments against Borrower, any of its Subsidiaries, or any other Obligated Party.
Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.
Satisfaction of Liabilities The liquidators shall pay, satisfy or discharge from Company funds all of the debts, liabilities and obligations of the Company (including, without limitation, all expenses incurred in liquidation) or otherwise make adequate provision for payment and discharge thereof;
Satisfaction of Conditions Pubco and Subco-RI shall use all commercially reasonable efforts to satisfy, or cause to be satisfied, all conditions precedent to its obligations hereunder to the extent that the same is within its control and to take, or cause to be taken, all other action and to do, or cause to be done, all other things necessary, proper or advisable under all applicable Laws to complete the transactions contemplated by this Arrangement Agreement.
Attachments; Judgments Any portion of Borrower’s assets is attached or seized, or a levy is filed against any such assets, or a judgment or judgments is/are entered for the payment of money, individually or in the aggregate, of at least $250,000, or Borrower is enjoined or in any way prevented by court order from conducting any part of its business; or