Declaratory Judgment Action definition

Declaratory Judgment Action means that certain adversary proceeding commenced by the Sewer Warrant Trustee against the County, Syncora, and Assured on or about February 6, 2013, and styled as The Bank of New York Mellon, as Indenture Trustee v. Jefferson County, Alabama, et al. (In re Jefferson County, Alabama), Adv. Proc. No. 13-00019 (Bankr.
Declaratory Judgment Action means the declaratory judgment action filed in the U.S. District Court for the Southern District of Florida styled, Interstate Fire & Casualty Company, et al v. Geo & Yus Corp, et al, Case No. 0:20-cv-61824-WPD.
Declaratory Judgment Action has the meaning set forth in Section 7.4. 1.20 “DelSiTech Background IP” means all Patents and Know-How pertaining to the DelSiTech Technology that: (a) are Controlled by DelSiTech as of the Effective Date; or (b) become Controlled by DelSiTech after the Effective Date independent of the activities undertaken under this Agreement. 1.21 “DelSiTech Improvement IP” means all Patents and Know-How pertaining to the DelSiTech Background IP that are Created by or on behalf of one or both Parties (or any of their respective Affiliates) during the Term in the course of performance of any Work Plan. DelSiTech Improvement IP excludes IVERIC Improvement IP. 1.22 “DelSiTech Indemnitee” has the meaning set forth in Section 11.2. 1.23 “DelSiTech IP” means DelSiTech Background IP and DelSiTech Improvement IP. The Patents comprising DelSiTech Background IP as of the Effective Date are listed in Exhibit A1, which will be updated at least [**] from the Effective Date. 1.24 “DelSiTech Program Activities” means the activities to be performed by DelSiTech pursuant to one or more Work Plans. 1.25 “DelSiTech Technology” means DelSiTech’s proprietary silica sol-gel or silica matrix technology for encapsulation, embedding, delivery or controlled-release of biologically active agents

Examples of Declaratory Judgment Action in a sentence

  • If any Patent included in the Spark IP is implicated by the Third Party Infringement, Declaratory Judgment Action or Third Party Challenge, Spark shall have the sole right (but not the obligation) to undertake an Enforcement Action as to such Patent, at its sole expense.

  • If any Selecta Background Patent is implicated by the Third Party Infringement, Declaratory Judgment Action or Third Party Challenge, Selecta shall have the sole right (but not the obligation) to undertake an Enforcement Action as to such Selecta Background Patent, at its sole expense.

  • This Agreement is intended to be and is a compromise between the Parties and shall not be construed as an admission of coverage (or lack thereof) under the Subject Insurance Policies nor shall this Agreement or any provision hereof be construed as a waiver, modification or retraction of the positions of the Parties with respect to the interpretation and application of the policies that are the subject of the Declaratory Judgment Action.

  • Following execution of this Agreement and within two (2) days after GATX receives the payments provided for in Paragraph 2 above, GATX and London Market Insurers shall be obliged to make all appropriate filings and appearances to dismiss, with prejudice, their claims in the Declaratory Judgment Action, with the Parties to bear their own costs, expenses and attorneys’ fees.

  • If Spark does not undertake such an Enforcement Action within [***] after Selecta has notified Spark of the Third Party Infringement, Declaratory Judgment Action or Third Party Challenge and requested that Spark bring such Enforcement Action, then Selecta shall have the right to bring such Enforcement Action, at its sole expense.

  • With the exception of the Declaratory Judgment Action, there are no actions, suits, proceedings or claims pending or (to MIOA's knowledge) threatened against MIOA which, if determined adversely to MIOA, would prevent or delay the consummation of any of the transactions contemplated by this Agreement.

  • The Parties acknowledge that the fourteen (14) affordable housing units are included in the Borough’s Housing Element and Fair Share Plan approved by the Superior Court in the Borough’s Declaratory Judgment Action, and that the credits will be applied against the Borough's Gap (1999-2015) and Prospective Need (2015-2025) obligations in compliance with the attached Order and Settlement Agreement (Exhibit E).

  • Voge▇, ▇▇am▇▇▇▇▇▇▇ ▇▇▇ Wall▇▇▇ ▇▇ hereby agree to execute and consent to the entry of the judgment in the form attached hereto as Exhibit A, pursuant to which (a) PowerTel will be deemed to own 100.0% of the issued and outstanding Common Stock of VivaTel, and (b) the United States Bankruptcy Court for the District of Nevada pursuant to Sect▇▇▇ ▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇kruptcy Code and Rule 9018(2) of the Federal Rules of Bankruptcy Procedure shall seal all documents in the Declaratory Judgment Action.

  • The prevailing party in each Declaratory Judgment Action, upon a final decision of the Declaratory Judgment Action by the court, shall have the right to recover from the other party all out-of-pocket costs, including reasonable attorneys' fees resulting from such Declaratory Judgment Action and any direct damages suffered by such prevailing party.

  • After payment of the Settlement Amount and entry of the Approval Order, the Parties agree that the following lawsuits will be dismissed with prejudice: (a) the Oaktree Lawsuit, (b) the M▇▇▇▇▇ Trust Lawsuit, (c) the Declaratory Judgment Action, and (d) the Inside Directors Lawsuit.


More Definitions of Declaratory Judgment Action

Declaratory Judgment Action means that certain lawsuit filed in the United States Bankruptcy Court for the District of Nevada and captioned Oaktree Capital Management, L.P., et al. vs. Ironshore indemnity, Inc., et al., Case No. 14-05054.
Declaratory Judgment Action means an action brought by the DJ Trustee on or immediately after the approval of the Merger by the Members, but before the Closing Date, in the Circuit Court for the County of Oakland, State of Michigan (or if such forum as unavailable, another court of competent jurisdiction) pursuant to Michigan Court Rule 2.605 to settle an actual controversy, to preserve legal rights, and to guide future conduct regarding whether the Patronage Distribution Method is the proper manner and basis under applicable law of distributing to Distributee Members the Declaratory Judgment Merger Distribution or whether it must be modified in any respect so that no member is adversely affected, within the meaning of applicable law.

Related to Declaratory Judgment Action

  • Alternate Judgment means a form of final judgment that may be entered by the Court herein but in a form other than the form of Judgment provided for in this Stipulation.

  • Consent Judgment means a state-specific consent judgment in a form to be agreed upon by the Settling States, Participating Subdivisions, and ▇▇▇▇▇▇▇ prior to the Initial Participation Date that, among other things, (1) approves this Agreement and (2) provides for the release set forth in Section IV, including the dismissal with prejudice of any Released Claims that the Settling State has brought against Released Entities.

  • Infringement Action has the meaning set forth in Section 9.6(b).

  • Final Order and Judgment means the final judgment and order of dismissal with prejudice to be entered in the Lawsuit in connection with the approval of the Settlement after the Final Approval Hearing.

  • Declaratory order means the department’s interpretation of a statute, rule or order as applied to specified circumstances. A declaratory order is issued in response to a petition for declaratory order.