Common use of Threatened Clause in Contracts

Threatened. Threatened" shall mean a claim, proceeding, dispute, action, or other matter will be deemed to have been "Threatened" if any demand or statement has been made (orally or in writing) or any notice has been given (orally or in writing), or if any other event has occurred or any other circumstances exist, that would lead a prudent person to conclude that such a claim, proceeding, dispute, action, or other matter is likely to be asserted, commenced, taken, or otherwise pursued in the future.

Appears in 1 contract

Sources: Merger Agreement (Svi Holdings Inc)

Threatened. Threatened" shall mean a A claim, proceedingProceeding, dispute, action, or other matter will be deemed to have been "Threatened" if any demand or statement has been made (orally or in writing) or any notice has been given (orally or in writing), or if any other event has occurred or any other circumstances exist, that would lead a prudent person Person to conclude that such a claim, proceedingProceeding, dispute, action, or other matter is likely to be asserted, commenced, taken, or otherwise pursued in the future.

Appears in 1 contract

Sources: Stock Purchase Agreement (Fields Aircraft Spares Inc)

Threatened. Threatened" shall mean a A claim, proceedingProceeding, dispute, action, or other matter will be deemed to have been "Threatened" if any demand or statement has been made (orally or in writing) or any notice has been given (orally or in writing), or if any other event has occurred or any other circumstances exist, that would lead a prudent person Person to conclude that such a claim, proceedingProceeding, dispute, action, or other matter is likely to be asserted, commenced, taken, or otherwise pursued in the future.

Appears in 1 contract

Sources: Stock Purchase Agreement (Peak Resorts Inc)