Pending Litigation Losses definition
Pending Litigation Losses means all Losses, actually incurred or sustained by any Purchaser Indemnified Party or to which any of them may become subject arising out of or relating to the Pending Litigation Matters.
Examples of Pending Litigation Losses in a sentence
To the extent any Action involves both (1) Post-Closing Litigation Losses and (2) Pending Litigation Losses, Legacy Arbitration Losses or Legacy Proceedings Losses, that portion of the Losses which relates to Post-Closing Litigation Losses shall be indemnified under Section 10.4(a)(ii) and the balance shall be indemnified under Section 10.4(a)(iii).