Future Litigation definition

Future Litigation means any Legal Proceedings to which IC will become a party following the Closing relating to its holding prior to the Closing of the IC Transferred Companies or the IC Transferred Businesses with the exception of the Legal Proceedings set forth in Schedule 3.6.
View Source
Future Litigation means any litigation, arbitration, or method of dispute resolution that is directly related to any claim, allegation, or argument (a) asserted at any time in the Action, whether or not pled in the Amended Complaint, or which could have been brought in the Action; (b) which would be based in whole or in part on any of the claims or allegations asserted at any time in the Action, whether or not pled in the Amended Complaint; and (c) which would fall within the definition herein of Released Claims if the claim were asserted by one of the Plaintiffs. For the avoidance of doubt, Future Litigation includes any claim or allegation concerning or related to alleged collusion, as well as any cause of action arising under 15 U.S.C.
View Source

Examples of Future Litigation in a sentence

  • BC and QDI hereby agree that the costs of such indemnification of said parties incurred after the date of this Agreement shall be included as a part of the Future Litigation Costs/Expenses, as hereinafter defined.

  • Future Litigation and Other Proceedings............15 SECTION 7.04.

  • Section 7.2.2 Shall notify Wave Case Claimants that have not registered that, if they do not register, they will not be able to benefit from the Wave Settlement and shall be required to fulfill obligations under MDL CMO # 57 and the MN Case Management Order Governing Ongoing and Future Litigation Against Defendants, including, as required by those orders, meeting with the MDL Court or MN Court.

  • Wave Cases are not relieved of the obligations set forth in the MDL Case Management Order #57 and/or the MN Court’s Case Management Order Governing Ongoing ad Future Litigation Against Defendants by nature of their inclusion on any Identification Order Declaration or by appearing on Exhibit 1 to the Wave Settlement.

  • GOVERNING LAW 46 23.1 Choice of Law 46 23.2 Pending and Future Litigation and Claims 46 24.

  • In the event that either BC or QDI incur Excess Future Litigation Costs/Expenses for such quarter, then the other party shall, within thirty (30) days from the date of determination of the Excess Future Litigation Costs/Expenses, reimburse BC or QDI, as the case may be, an amount equal to one half of the Excess Future Litigation Costs/Expenses for such quarter.

  • On a quarterly basis, BC and QDI shall determine whether, based on such joint bills or itemized statements, as the case may be, BC or QDI has incurred Future Litigation Costs/Expenses in excess of the amount of the Future Litigation Costs/Expenses incurred by the other party for the quarter then ended (the "Excess Future Litigation Costs/Expenses").

Related to Future Litigation

  • Transaction Litigation has the meaning set forth in Section 5.2(d).

  • Litigation as used herein shall include administrative enforcement actions brought by governmental agencies. The Grantee must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Grant Agreement or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the ▇▇▇▇▇▇▇’s financial condition.

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • Threatened litigation as used herein shall include governmental investigations and civil investigative demands. “Litigation” as used herein shall include administrative enforcement actions brought by governmental agencies. The Grantee must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Grant Agreement or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the ▇▇▇▇▇▇▇’s financial condition.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.