Common use of Threatened Clause in Contracts

Threatened. Whenever in this Agreement reference is made to a Legal Proceeding or other matter that is “threatened” it shall mean that, a written demand or statement has been delivered or a written notice has been given that a Legal Proceeding or other matter is to be asserted, commenced, taken or otherwise pursued in the future.

Threatened. Whenever in this Agreement reference is made to a Legal Proceeding or other matter that is “threatened” it shall mean that, that a written demand or statement (oral or written) has been delivered made or a written notice (oral or written) has been given that a Legal Proceeding or other matter is to be asserted, commenced, taken or otherwise pursued in the future or that an event has occurred or circumstances exist that would lead a reasonable Person to conclude that a Legal Proceeding or other matter is likely to be asserted, commenced, taken or otherwise pursued in the future.

Threatened. Whenever in this Agreement reference is made to a Legal Proceeding Claim or other matter that is “threatened” it shall will mean that, that a written demand or statement has been delivered or a written notice has been given that a Legal Proceeding or other matter is to be asserted, commenced, taken or otherwise pursued in the futuremade.