Pending Matters definition
Examples of Pending Matters in a sentence
Other Pending Matters On April 14, 1999, a lawsuit was filed in the U.S. District Court for the Southern District of New York by Cohanzick Partners, LP, against IGI, Inc.
Section 5.3. Pending Matters.........................................................................
Seller shall not be liable for any expenses incurred by Buyer in connection with the defense of the Pending Matters, or any other matter covered by this Section 10.1(b), so long as Seller continues to take reasonable steps to defend diligently against such matters.
Each of the Company and the Guarantors is, individually and together with its Subsidiaries on a consolidated basis, but subject to the potential impact of the Pending Matters (except to the extent that any Pending Matter (or any component thereof) has been finally resolved), Solvent.
If the Pending Matters are publicly disclosed or terminated or abandoned, the Company shall promptly so notify the Stockholder Parties who then may offer and sell Registrable Securities pursuant to the Registration Statement 3.
If not otherwise identified on Exhibit H, the Attorney will be authorized to and shall appoint an independent, third-party shareholder representative to act for and on behalf of all such Scheme Shareholders in connection with the (i) resolution by the Company of the Pending Matters, (ii) sale of the Escrow Shares as described in Exhibit H and (iii) such other matters as may be required of such shareholder representative pursuant to the Escrow.
Section 4.3. Pending Matters.........................................................................
Upon such final determination, Buyer shall instruct the Holdback Escrow Agent to deliver the amount of the Indemnification Holdback, if any, remaining after satisfaction of the Pending Matters to Seller within ten (10) business days thereafter.
Upon reasonable request, Executive agrees to cooperate with the Company Releasees in connection with any present or future litigation, arbitration, dispute resolution, claim, action or other proceeding (including, but not limited to, the Pending Matters) brought against any one or more of the Company Releasees, to the extent the Company deems Executive’s cooperation necessary.
No events have occurred since December 30, 2005 excluding the Pending Matters which, individually or in the aggregate, have had or are reasonably likely to have a Material Adverse Effect.