Litigation Liabilities definition

Litigation Liabilities means liabilities (whether actual or asserted), claims, judgments, settlements and expenses resulting from (a) the antitrust investigation by the United States Department of Justice disclosed prior to the date hereof or related antitrust investigations by other Governmental Authorities, (b) antitrust litigation, whether commenced by Governmental Authorities or other persons, arising out of the matters that are the subject of any such investigation, (c) related shareholder derivative lawsuits and claims and (d) related securities lawsuits and claims.
Litigation Liabilities means liabilities and expenses of UCAR, the Borrower and the Subsidiaries associated with (a) antitrust investigations and related lawsuits, settlements and claims of the type described in UCAR's Annual Report on Form 10-K for the year ended December 31, 1997, and UCAR's Quarterly Reports on Form 10-Q for the quarters ended March 31, 1998 and June 30, 1998 (together, the "SEC REPORTS"), (b) shareholder derivative lawsuits and claims of the type described in the SEC Reports and (c) securities lawsuits and claims of the type described in the SEC Reports and any investigations that may arise relating to the subject matter of such securities lawsuits and claims.
Litigation Liabilities means debts, obligations or liabilities arising from or relating to pending, threatened and unasserted claims (including, without limitation, customer complaints), litigation, legal actions, counterclaims, suits or arbitration or other legal, administrative or tax proceedings. Shochet further acknowledges that BlueStone will not acquire any assets of Shochet (other than the Accounts, Shochet Persons, Shochet Equipment, Shochet Leases and Shochet Equipment Leases), including, without limitation, Shochet's cash, securities (including marketable securities, options, warrants and other derivative securities), goodwill and litigation (the "Excluded Assets").

Examples of Litigation Liabilities in a sentence

  • Product Litigation Liabilities and Other ContingenciesProduct litigation liabilities and other contingencies are, by their nature, uncertain and are based upon complex judgments and probabilities.

  • Litigation Liabilities for loss contingencies arising from claims, assessments, litigation, fines, penalties, and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated.

  • Product Litigation Liabilities and Other ContingenciesBackground and UncertaintiesProduct litigation liabilities and other contingencies are, by their nature, uncertain and based upon complex judgments and probabilities.

  • Litigation Liabilities: The City has established a special reserve fund in which funds are contributed from appropriate sources and maintained to meet liabilities in excess of budgeted funds.

  • Except as otherwise expressly provided in this agreement or with respect to Articles II, III and VI hereof, the D&B Group shall retain all Employee Benefit Litigation Liabilities that are asserted by D&B Pre-Distribution Employees prior to the Effective Time.


More Definitions of Litigation Liabilities

Litigation Liabilities has the meaning set forth in Section 2.4(a), below.
Litigation Liabilities. Any Loss suffered or incurred by Buyer or the SP Companies by reason of, or in connection with, that certain action generally described as Geape v. Southwestern Pipe, Inc. pending in the Circuit Court of Xxxxxx County, Maryland, Case No. 96-CA-33197 and any other claims or actions related thereto.
Litigation Liabilities means Losses arising out of the Actions that are included under the heading entitled “Litigation Liabilities” on Schedule 1.1(b). “Loan Losses” means all losses, damages, costs, expenses, Liabilities, Repurchase Price, obligations and claims of any kind, including (a) any identifiable Assignment Losses, DBI Losses, Title Losses or Curtailment Losses that are not yet realized; (b) expenses (including costs of investigation and defense of any claim, Action or proceeding and the reasonable fees and charges of attorneys, accountants and other experts and consultants); (c) fines, penalties, judgments, payments in settlement of a claim, Action or proceeding or made in compliance with any judicial order; (d) payments made and costs incurred under indemnification obligations to other Persons, other out-of-pocket costs and payments (including the expenses of enforcing indemnification rights asserted under this Agreement); and (e) all other Liabilities, Repurchase Price, deficiencies or diminution in value; provided that losses resulting from reduced reimbursements or payments by Xxxxxx Xxx (as defined in the MSR Purchase Agreement) or an Agency (as defined in the MSR Purchase Agreement) to a Party (including those arising from diminution in the interest allowance or value of any MSR Asset or any Mortgage Loan Asset) constitute direct, identifiable losses hereunder; provided further, that “Loan Losses” shall exclude punitive, consequential or exemplary damages except to the extent actually payable to a third party. “Losses” means all actual losses, damages, costs, expenses, Liabilities, obligations and claims of any kind, including (a) any identifiable Assignment Losses, DBI Losses, Title Losses or Curtailment Losses that are not yet realized; (b) out-of-pocket expenses (including costs of investigation and defense of any claim, Action or proceeding and the reasonable fees and charges of attorneys, accountants and other experts and consultants); (c) fines, penalties, judgments, payments in settlement of a claim, Action or proceeding or made in compliance with any judicial order; and (d) payments made and costs reasonably incurred under indemnification obligations to other Persons, other out-of-pocket costs and payments (including the expenses of enforcing indemnification rights asserted under this Agreement); provided that losses resulting from reduced reimbursements or payments by Xxxxxx Xxx (as defined in the MSR Purchase Agreement) or an Agency (as defined in the...
Litigation Liabilities means, in respect of the Shareholder Litigation, any amounts which Borrower has paid, or has become legally obligated to pay, as the case may be, in connection with any such Shareholder Litigation, whether pursuant to a final, nonappealable judgment, a judgment which is not stayed or appealed, a negotiated settlement, or otherwise, but excluding attorneys fees and disbursements.
Litigation Liabilities means the amount of any unreimbursed claims, penalties, damages or liabilities to which the Marsh & McLennan Entities become subject in connection with or arising out of or related to the organization, financing, business or affairs of Trident.
Litigation Liabilities means liabilities and expenses of UCAR, Global, the Borrower and the Subsidiaries associated with (a) antitrust investigations and related lawsuits, settlements and claims of the type described in UCAR's Annual Report on Form 10-K for the year ended December 31, 1998, and UCAR's Quarterly Reports on Form 10-Q for the quarters ended March 31, 1999, June 30, 1999 and September 30, 1999 (together, the "SEC REPORTS"), (b) shareholder derivative lawsuits and claims of the type described in the SEC Reports and (c) securities lawsuits and claims of the type described in the SEC Reports and any investigations that may arise relating to the subject matter of such securities lawsuits and claims.
Litigation Liabilities means all liabilities and obligations of Seller or any of its predecessors under all claims, demands, litigation, actions, suits, investigations, proceedings, assessments or judgments against, involving or applicable to or binding upon Seller or any of its predecessors or any of the CRM Assets.