Litigation Standstill definition

Litigation Standstill. The Parties agree that upon the effectiveness of the RSA, the parties thereto shall cease and desist from any and all ongoing litigation activities, including activities contemplated by the Mansfield Issues Protocol, with respect to the allowance and priority status of the Mansfield IT Claims, except to the extent the Mansfield IT Claims are the subject of an objection or other litigation at such time or thereafter. • Capital Support: The Parties agree that any capital or credit support for regulatory obligations required in respect of the nuclear assets owned by NG shall, to the extent not required or used for such purpose, be made available for distribution to the Debtors' existing unsecured creditors (whether or not such distribution occurs prior to, upon, or after the Debtors' emergence from chapter 11). The Parties shall work in good faith to incorporate into an Acceptable Plan mutually agreeable terms consistent with this provision. • Coordination: The Mansfield Certificateholders Group and Ad Hoc Noteholder Group agree to reasonably cooperate and coordinate in negotiations with the Debtors and the Committee on all material issues concerning the Debtors' restructuring, including, without limitation, pursuit of a chapter 11 plan, material asset sales, exit financing, Claims resolution, and valuation matters June 1, 2018 Deadline to file Mansfield Parties' proofs of Claims concerning rejection of the Rejected Operative Documents August 24, 2018 Deadline to substantially complete priority document discovery (it being understood that all Parties will produce responsive materials on a rolling basis in advance of such date as provided in paragraph 12 of this Stipulation and Protocol) September 28, 2018 Deadline for Debtors to file the Mansfield Adversary Proceeding Complaint, if necessary in light of the Proposed Mansfield IT Claims SettlementDeadline to file objection(s) to the Mansfield Parties' proofs of Claim,3 if necessary in light of the Proposed Mansfield IT Claims Settlement October 12, 2018 Fact witness depositions commence. Deposition notices or subpoenas to be served not fewer than 14 days before deposition date. December 12, 2018 Deadline to complete fact discovery February 14, 2019 Deadline to complete expert discovery.4 February 15, 2019 Deadline for commencement of mediation with respect to the Mansfield Claims and the Mansfield Adversary Proceeding. March 15, 2019 Mediation terminates, subject to reasonable extension by the Mediator March 2...

Examples of Litigation Standstill in a sentence

  • Except for the cooperation enumerated in this Section 9, all litigation activities related to the pursuit of claims by Class Plaintiffs and the Class Members against Released Parties in the Action are subject to the Litigation Standstill set forth in Section 4.

  • But for the cooperation enumerated in this Paragraph 9, all litigation activities related to the pursuit of claims by Direct Purchaser Class Plaintiffs and the Direct Action Direct Purchaser Settlement Class Members against the GEO Settling Parties in the Consolidated Proceedings are subject to the Litigation Standstill set forth in Paragraph 3.

  • Entitlement to Tax Refunds and Credits; Proration of Non-Income Taxes 13 SECTION 6.8 Mutual Release 14 SECTION 6.9 Litigation Standstill 15 ARTICLE VII INDEMNIFICATION 15 SECTION 7.1 Indemnification by Seller 15 SECTION 7.2 Indemnification by CE 15 SECTION 7.3 Limitations on Liability; Cooperation 15 SECTION 7.4 Losses Net of Insurance, etc.

  • But for the cooperation enumerated in this Paragraph 9, all litigation activities related to the pursuit of claims by Indirect Purchaser Class Plaintiffs and the Indirect Purchaser Settlement Class against the GEO Settling Parties in the Consolidated Proceedings are subject to the Litigation Standstill set forth in Paragraph 3.

  • But for the cooperation enumerated in this Paragraph 9, all litigation activities related to the pursuit of claims by Direct Purchaser Class Plaintiffs and the Direct Purchaser Settlement Class Members against the SII Released Parties in the Consolidated Proceedings are subject to the Litigation Standstill set forth in Paragraph 3.

  • As a result of a Tolling Agreement and a Litigation Standstill Agreement and the amendments thereto among the City, AZSTA and the Cardinals, these entities deferred the filing of any lawsuit, and as a result no such lawsuit was filed in connection with the Cardinals Notice of Claim.

  • But for the cooperation enumerated in this Paragraph 9, all litigation activities related to the pursuit of claims by Direct Purchaser Class Plaintiffs and the Direct Purchaser Settlement Class Members against Kemira in the Consolidated Proceedings are subject to the Litigation Standstill set forth in Paragraph 3.

  • But for the cooperation enumerated in this Paragraph 9, all litigation activities related to the pursuit of claims by Direct Purchaser Class Plaintiffs and the Direct Purchaser Settlement Class Members against C&S in the Consolidated Proceedings are subject to the Litigation Standstill set forth in Paragraph 3.