Oracle Litigation definition
Examples of Oracle Litigation in a sentence
The Origination Agent shall have (i) completed its business, legal and collateral due diligence with respect to each Loan Party (including, without limitation, diligence with respect to the Oracle Litigation) and the results thereof shall be acceptable to the Origination Agent, in its sole and absolute discretion and (ii) received a quality of earnings report prepared by third party acceptable to the Origination Agent, the form and substance of which shall be satisfactory to the Origination Agent.
This matter shall be referred to herein as the "Oracle Litigation".
The proceeds of the term loan shall be used to pay the final judgment of the Oracle Litigation (as hereinafter defined), fund an appeal bond with respect to the Appealable Claims (as hereinafter defined), to pay legal fees or other costs and expenses related to the Oracle Litigation, for general working capital purposes of the Borrowers and to pay fees and expenses related to this Agreement.
The proceeds of the term loan shall be used to pay the final judgment of the Oracle Litigation (as hereinafter defined), to pay legal fees or other costs and expenses related to the Oracle Litigation, for general working capital purposes of the Borrowers and to pay fees and expenses related to this Agreement.
First Union acknowledges that any damages, fines, costs or other liabilities that may be assessed against Impark in connection with the Oracle Litigation, VenTek Bond I and VenTek Bond II constitute Damages for which Impark shall be indemnified pursuant to this Article II.