Class Action Proceeding definition
Class Action Proceeding has the meaning ascribed to it in Section 4.23.
Class Action Proceeding means any actual or purported class action Litigation of any kind with respect to an individual Loan or multiple Loans or the servicing of the foregoing, existing as of the Closing Date or arising after the Closing Date with respect to acts or omissions occurring prior to Closing.
Examples of Class Action Proceeding in a sentence
During the period between the date hereof and the Effective Time, Parent shall keep the Company and its counsel fully aprised and informed of all facts, circumstances, events or matters that relate to the Class Action Proceeding including the nature and status of any discussion or negotiations related to the Class Action Proceeding and provide notices and other information which is in the possession of Parent other than Privileged Information.
The Class Action Proceeding On December 4, 2019, a class action lawsuit was filed by a Québec consumer (“the “Plaintiff”) against the Defendant Turo Inc.