Litigation Committee definition

Litigation Committee means the Litigation Committee of Visa USA established by the Litigation Committee Resolution and maintained pursuant to the Litigation Management Agreement.

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Litigation Committee is defined in Section 20.

Litigation Committee means the three individuals (who shall be reasonably acceptable to the Parent and not have any independent interest in the Hills Litigation other than as a holder of DCCRs) designated by the Company's Board of Directors prior to the consummation of the Offer to serve as the members of such committee. Any vacancy on the Litigation Committee shall be filled by the remaining members of the Litigation Committee. Any action of the Litigation Committee must be taken by a majority of its members;

Examples of Litigation Committee in a sentence

• The opinion of such Board of Directors shall be binding and conclusive on the determination of which directors constitute "outside directors", and the determination of the Special Litigation Committee shall be binding and conclusive on all matters relating to the actual or alleged misconduct which is referred to it as aforesaid.

• U.S. BANK HAS MADE NO INVESTIGATION REGARDING THE OFFERING, THE COMPANY, OR ANY OTHER PERSON OR ENTITY INVOLVED IN THE OFFERING.

• The purpose of the Patent Litigation Committee is to facilitate the discussion and coordination of Patent enforcement and defense matters related to Optioned Programs in accordance with and subject to the terms of this Agreement.

• The Patent Litigation Committee will meet monthly or as otherwise agreed by the Parties.

• Each member of the Litigation Committee who is not a director of AFC and who is not an officer or employee of, or consultant to, AFC shall receive a retainer fee for service on the Litigation Committee as set forth in a separate consulting agreement to be entered into between each such person and AFC in the form attached to the Disclosure Letter as Exhibit 4.13(d).

• The Litigation Committee shall be responsible for advising AFC exclusively on the prosecution and settlement of the Case, including the evaluation of any settlement proposals, the making of and responses to motions to dismiss, proposals to terminate or cease prosecuting the Case and the pursuit or abandonment of any appeals.

• The Company appointed an independent Special Litigation Committee of the Board to determine the Company's course of action on the derivative claims which engaged counsel separate from the Company's usual counsel for purposes of the derivative claims.

• Promptly following closing, the Company’s board of directors shall establish a special committee to review and supervise the conduct of litigation matters (the “Special Litigation Committee”), which Special Litigation Committee shall be comprised of up to three (3) directors, of which a majority of the directors shall consist of directors designated by S7 Finance B.V., if S7 Finance B.V. shall have designated directors.

• The Litigation Committee shall have no duty to the WM Entities to consider the interest any of such WM Entities may have in an early termination or resolution of the Case.

• In furtherance of this prosecution of the Litigation, the Board of Directors of the Company shall designate a special litigation committee of the Board of Directors (the "Litigation Committee") comprised of three directors which shall include the Chief Executive Officer of the Company, one Director designated by the ▇▇▇▇▇▇ Estate, and one Director who shall be designated jointly by BIL Securities and ▇▇▇▇▇.

More Definitions of Litigation Committee

Litigation Committee means the committee contemplated by Article 3 which as of the date of this Agreement consists of G. Wesley Voorheis and Lisa de Wilde;

Litigation Committee. A committee charged with overseeing the prosecution and settlement of the Lawsuit (the “Committee”) has been established, consisting of the San Francisco Police Officers’ Association’s Executive Committee. Attorneys shall only report to, and only take instructions from, the Committee with respect to prosecution and settlement of the Lawsuit. Any concerns Client has regarding the Lawsuit shall be addressed to the Committee, not to Attorneys. The Committee may or may not follow Client’s individual instructions regarding prosecution and settlement of the Lawsuit.

Litigation Committee means the Special Litigation Committee of the Board of Directors of the Company formed on December 3, 2019.”