Adverse Litigation definition

Adverse Litigation means litigation or arbitration that is adverse to Buyer or any Entergy Operating Company that involves or involved, as the case may be, (a) the potential imposition of criminal liability on Buyer or any Entergy Operating Company (or their respective directors, officers, partners, members, trustees, employees, agents, or representatives), (b) the potential imposition on Buyer or any Entergy Operating Company of new or additional adverse regulation,
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Adverse Litigation means litigation or arbitration that is adverse to Buyer or any Entergy Operating Company that involves or involved, as the case may be, (a) the potential imposition of criminal liability on Buyer or any Entergy Operating Company (or their respective directors, officers, partners, members, trustees, employees, agents, or representatives), (b) the potential imposition on Buyer or any Entergy Operating Company of new or additional adverse regulation, (c) causes of action or claims against Buyer or any Entergy Operating Company (or their respective directors, officers, partners, members, trustees, employees, agents, or representatives) for or of slander, libel, defamation, damage to reputation or other similar legal claims or (d) an amount in controversy exceeding the applicable amount set forth below: before the seventh (7th) anniversary of the Delivery Term Commencement Date $1,500,000 on or after the seventh (7th) anniversary of the Delivery Term Commencement Date but before the fourteenth (14th) anniversary of the Delivery Term Commencement Date $2,500,000 on or after the fourteenth (14th) anniversary of the Delivery Term Commencement Date $3,500,000
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Adverse Litigation means litigation or arbitration that is adverse to Buyer or any Entergy Operating Company that involves or involved, as the case may be, (a) the potential imposition of criminal liability on Buyer or any Entergy Operating Company (or their respective directors, officers, partners, members, trustees, employees, agents, or representatives), (b) the potential 3 NTD: This draft assumes that Seller will not be publicly rated or have an Accepted Agency Rating. Certain defined terms (e.g., Credit Event, Applicable PA Amount Reduction, SPG Minimum Threshold Credit Thresholds) and other terms of this Agreement may change if Seller is publicly rated and meets the credit criteria for an Accepted Agency Rating and liquid credit support reductions are provided on the basis of Seller’s creditworthiness instead of Seller Parent Guarantor’s creditworthiness. imposition on Buyer or any Entergy Operating Company of new or additional adverse regulation,
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Examples of Adverse Litigation in a sentence

  • In the event that the Main Plaintiffs and Hershey Canada are unable to agreed upon whether an event qualifies as a Materially Adverse Litigation Event, such disputes shall be resolved in accordance with section 14.2.

  • Except for the Disclosed Litigation, no claim or litigation regarding any of the foregoing is pending or, to the best knowledge of the Borrower, threatened, which, either individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect, and there has been no Adverse Litigation Change with respect to any Disclosed Litigation regarding any of the foregoing.

  • No Adverse Litigation...............................................................

  • CONDITIONS OF EACH INVESTOR'S OBLIGATION 17 4.1 Representations and Warranties 17 4.2 Compliance with Agreement 17 4.3 Certificate of Officers 17 4.4 Board of Directors 17 4.5 Legal Opinion 18 4.6 Necessary Consents 18 4.7 Certificate of Determination 18 4.8 Injunctions, Restraining Order or Adverse Litigation 18 4.9 Warrant Agreement 18 4.10 Company Registration Rights Agreement 18 SECTION V.

  • That portion of Section 8 of the Schedule to Loan and Security Agreement regarding Material Adverse Litigation is hereby amended to include the information set forth on Exhibit 1 attached hereto.

  • Japan Other Locations and Addresses (Section 3.3): No other domestic locations Material Adverse Litigation (Section 3.10): Lawsuit filed on January 4, 1994 by Strategica Group, Inc.

  • For the purposes hereof, “Prohibited Activities” means any (i) violation of the provisions of Section 8 hereof; (ii) inducement or attempted inducement of any employee, officer, director, sales representative, consultant or other personnel of the Company, to terminate his or her employment or breach his or her agreements with the Company; (iii) Disparagement, as defined in Section 19 hereof; or (iv) Adverse Litigation Assistance, as defined in Section 22 hereof.

  • Borrower shall promptly give notice in writing to Lender of all litigation affecting the Collateral, the Project, Borrower, any of the Borrower Parties, or Borrower's ability to repay the Loan, of which it has actual knowledge, regardless of whether any such litigation is Material Adverse Litigation, and furnish to Lender from time to time all information available to Borrower and not previously disclosed by Borrower to Lender concerning the status of any such controversy, claim, suit or other proceeding.