Finally Adjudicated definition

Finally Adjudicated means that there has been a final adjudication by a court of competent jurisdiction from which there is no further right to appeal.
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Examples of Finally Adjudicated in a sentence

  • To the extent required by Delaware law, Indemnitee hereby undertakes to repay any and all of the amount of Indemnifiable Expenses paid to Indemnitee if it is Finally Adjudicated that Indemnitee is not entitled under this Agreement to indemnification with respect to such Expenses.

  • The only limitation that shall exist upon the Company’s obligations pursuant to this Agreement shall be that the Company shall not be obligated to make any payment to Indemnitee that has been Finally Adjudicated (under the procedures, and subject to the presumptions, set forth in Sections 3, 9 and 11 hereof) to be unlawful.

  • To the extent required by Delaware law, Indemnitee hereby undertakes to repay (without interest) any and all of the amount of Expenses paid to Indemnitee if it is Finally Adjudicated that Indemnitee is not entitled under this Agreement to indemnification with respect to such Expenses.

  • Upon the occurrence of a Final Adjudication in favor of Buyer or QSGI, up to the number of shares of Lockup Stock equal (excluding fractional shares) to the amount of the claim Finally Adjudicated as owing to Buyer or QSGI, at its election, shall be released from escrow under the Escrow Agreement and returned to Buyer or QSGI.

  • The only limitation that shall exist upon the Company’s obligations pursuant to this Agreement shall be that the Company shall not be obligated to make any payment to Indemnitee that has been Finally Adjudicated (under the procedures, and subject to the presumptions, set forth herein, including in Sections 3, 9 and 11 hereof) to be unlawful.