Material Litigation is defined in Section 6.7.
Material Litigation means any litigation that, according to
Material Litigation has the meaning specified in Section 3.01(e).
Examples of Material Litigation in a sentence
Material litigation The family members of the 32 victims in the Baotou aircraft accident on 21 November 2004, who sued the Company in the US and China (the aircraft was then owned and operated by China Eastern Air Yunnan Company), have reached a settlement with the Company and applied to the Beijing Second Intermediate People’s Court to withdraw their actions.
Material litigation There is no material litigation pending since the issuance of the latest financial report.
More Definitions of Material Litigation
Material Litigation means litigation that, according to generally accepted accounting principles, is significant to an applicant's or a licensee's financial health and must be disclosed in the applicant's or licensee's audited financial statements, report to shareholders, or similar records.
Material Litigation means proceedings that differ from the or dinary routine litigation incidental to the business. Litigation is ordinary routine litigation if it ordinarily results from the business and does not deviate from the normal business litigation. Litigation involving five percent of the licensee's assets or litigation involv ing the government would constitute material litigation.
Material Litigation or "Material Litigation Development" shall mean any Litigation, or development in any Litigation, as the case may be (a) which involves this Agreement, any Related Document or other transactions contemplated hereby or thereby, or (b) which could reasonably be expected to have a Material Adverse Effect.
Material Litigation means litigation that, according to generally accepted
Material Litigation means any litigation that would be relevant to the director's ruling on an application for a license including, but not limited to, criminal or civil action involv- ing dishonesty or financial misconduct.
Material Litigation means litigation, that according to United States generally accepted accounting principles, is significant to a person's financial health and would be required to be disclosed in the person's annual audited financial statements, report to shareholders, or similar records.
Material Litigation means any litigation that, according to generally accepted accounting principles, is deemed significant to an applicant's or licensee's financial health and would be required to be referenced in that entity's annual audited financial statements, report to shareholders, or similar documents.