DJ Action definition

DJ Action means (a) the adversary proceeding filed by G-I Holdings in the United States Bankruptcy Court for the District of New Jersey on February 27, 2001 against the Creditors’ Committee in the G-I Holdings bankruptcy proceedings, consisting of an action seeking declaratory judgment that BMCA has no successor liability for asbestos claims against G-I Holdings and that BMCA is not the alter ego of G-I Holdings, and (b) the subsequent litigation associated with such action.

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DJ Action has the meaning set forth in Section 9.3(e).

DJ Action has the meaning set forth in Section 9.3(e). “Effective Date” has the meaning set forth in the preamble. “Enhancement Product” has the meaning set forth in Section 5.4.

Examples of DJ Action in a sentence

• The other party shall have the right, but not the obligation, to participate in such DJ Action at its own cost and expense.

• Neither party shall have the right to settle any DJ Action in a manner that diminishes in any material respect the rights or interest of the other party, without the other party’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.

• This Agreement does not purport to resolve all of the issues in the Township’s DJ Action.

• In the event that USB (or its sublicensee RPI) and either or both of CU and/or URC are named as parties to the DJ Action and either CU and/or URC elect to defend the action, RPI shall be responsible for the expenses incurred by CU and URC in connection therewith, provided that such expenses are approved in advance by RPI and are reasonable in amount.

• In the event that either party learns of the infringement of any Patent Right, or the filing of a Declaratory Judgment action alleging the invalidity, unenforceability, or noninfringement of any Patent Right (“DJ Action”), that party must promptly notify the other party of the infringement or DJ Action, as the case may be, in writing, and must provide reasonable evidence of the infringement.

• As the DJ Action progressed, ▇▇▇▇▇▇▇ sought to delay the litigation of Newport’s Indemnity Claim and made it clear that it filed suit to obtain a 1 Newport has not pursued its claims against the excess insurers, which are not exposed by the totality of Newport’s alleged damages, because of where the excess policies attach.

• The purpose and intent of this Agreement is to resolve River Park’s intervention in the DJ Action and the Prerogative Writs Action on terms that are fair to lower-income households in accordance with the requirements of the Mt. Laurel doctrine and Fair Housing Act of 1985, N.J.S.A. 52:27D-301 et seq., for the Prior Round (1987- 1999) and Third Round (1999-2025).

• The Parties acknowledge that this Agreement will be effectuuated by the entry of a CO entered in the DJ Action The Court shall retain jurisdiction to ensure compliance with the terms and conditions of this Agreement.

• If CU, URC and or USB (or its sublicensee RPI) finally loses the DJ Action and one or more claims in a Licensed Patent are held to be invalid, this Agreement and the license granted to USB hereunder shall continue to the extent that the manufacture, use or sale of Licensed Products or Licensed Services are covered by any remaining valid claim(s) in any other Licensed Patent.

• The lower court relied heavily on the passage of time from the filing of the DJ Action to the Motion to Compel Arbitration.

More Definitions of DJ Action

DJ Action means the case fashioned Caesars Entertainment Operating Company, Inc. and Caesars Entertainment Corporation v. Appaloosa Investment LP et al., Index No. 652392/2014 (N.Y. Sup. Ct. N.Y. Cnty. Aug. 5, 2014).