Adverse Costs Order definition
Examples of Adverse Costs Order in a sentence
If a Adverse Costs Order is made against the Registered Class Action Member in the Legal Proceedings LH has undertaken to pay any such Adverse Costs Order pursuant to the Funding Agreement.
In this document: Adverse Costs Order means a court order requiring a person to pay costs incurred by a successful party in litigation.
Omni Bridgeway will pay, as part of the Project Costs, the reasonable legal costs and disbursements of the appeal and will pay any Adverse Costs Order if the appeal is unsuccessful.
In such event, the Co-Funder(s) will pay the reasonable legal costs and disbursements of the Appeal and any Adverse Costs Order if the defence of the Appeal is unsuccessful.
Omni Bridgeway will pay, as part of the Project Costs, the reasonable legal costs and disbursements of the appeal and any Adverse Costs Order if the defence of the appeal is unsuccessful.
Adverse Costs Order Means any costs order made by a Court in the Proceedings in favour of any Defendant against any of the Claimant, the Plaintiffs, or against one or both of the Co-Funders in respect of costs of that Defendant incurred during the term of this Agreement.
Any sums paid by the Funder in respect of adverse costs and/or any Adverse Costs Order which are attributable to the Claimants, other than pursuant to Clause 9.1 shall be added to the Deployed Funds with a consequent adjustment to the Committed Funds.
Where any Adverse Costs Order is made against the Claimants and the HP Claimants and there is no other reasonable basis to attribute liability between them, the allocation to the Claimants will be based on the Hausfeld Share and the allocation to the HP claimants will be based on the HP Share.
If LLS so elects, then LLS will pay, as part of the Project Costs, the reasonable legal costs and disbursements of the appeal and any Adverse Costs Order if the defence of the appeal is unsuccessful.