Examples of Litigation Cooperation Agreement in a sentence
In accordance with the Litigation Cooperation Agreement, Purchaser and its Affiliates (including the Companies and the Transferred Subsidiaries after the Closing Date) shall not settle, compromise or offer to settle or compromise any such Third-Party Claims, without Seller’s prior written consent.
Purchaser and its Affiliates (including the Companies and the Transferred Subsidiaries after the Closing Date) shall have authority to, and shall use best efforts to, defend any Third-Party Claim relating to any Post-Closing Litigation Matters) pursuant to the terms of the Litigation Cooperation Agreement.
Purchaser and its Affiliates (including the Companies and the Transferred Subsidiaries after the Closing Date) shall have authority to defend any Third-Party Claim relating to or arising from any Pending Litigation Matters or Legacy Arbitrations pursuant to the terms of the Litigation Cooperation Agreement.
Seller shall be responsible for defending any Third-Party Claim related to or arising from the Legacy Proceedings and shall have authority to defend, settle or otherwise resolve such Third Party Claims pursuant to the terms of the Litigation Cooperation Agreement.
Subject to the allocation of costs of litigation stated above, Buyer shall, with respect to the services provided by Seller on Buyer’s request under thisSection 10.1(c), pay Seller’s expenses and indemnify Seller consistent with the provisions of Section 4 and Section 5 of the Litigation Cooperation Agreement.
The Borrower will, and will to the extent applicable cause the Subsidiaries to, comply with the Borrower’s obligations to the Seller under the Stock Purchase Agreement and the Litigation Cooperation Agreement (as defined in the Stock Purchase Agreement) with respect to the Borrower’s indemnification rights thereunder.
F.O.F. 305, 416-417.34 The Litigation Cooperation Agreement was referenced in ¶ 169 of Lyons’ Amended Counterclaim, filed January 23, 2008, and appended thereto as Exhibit 6.
In addition to providing for Structural to investigate and present evidence at hearing in support of its pass-through claim, the Litigation Cooperation Agreement provided that any damages on Structural’s claims which Lyons may recover are to be paid by Lyons to Structural, “[s]ubject to the provisions of Paragraph 7” of the agreement.
Approval by the holders of a majority of the Shares of a complete liquidation or dissolution of the Company.
By the plain terms of the Litigation Cooperation Agreement, Lyons is relieved from any requirement to pass-through to Structural any damages found by this Board to havebeen incurred by Structural on this Project.