Examples of Seller Litigation in a sentence
Following the Closing, Buyer shall reimburse Seller and its Affiliates for any post-Closing payments (including deductible payments or any payments that erode retention amounts under insurance coverage policies, and other non-insured payments) made by Seller or its Affiliates on account of any claims or litigation matters set forth on Schedule 3.11, exclusive, however, of any Seller Litigation.
Buyer and its Affiliates (including the Transferred Companies after the Closing Date) and their Representatives and counsel will use commercially reasonable efforts to neither dispose of nor destroy any of the books and records delivered to Buyer in connection with the Closing or the Seller Litigation Matters without first offering to turn over possession thereof to Seller, by written notice to Seller to the extent practicable at least 30 days prior to the proposed date of such disposition or destruction.
Parent and Seller each acknowledge and agree that neither shall, and shall cause the members of the Parent Litigation Group or Seller Litigation Group, respectively, not to, enter into or otherwise consent to the settlement of any Parent Shareholder Litigation without the other’s prior written consent.
As used in this Agreement, the term "Seller Litigation" means any claims, actions, suits, proceedings, arbitrations or investigations pending or, to the knowledge of the Holding Companies, threatened, by or against the Holding Companies, Parent or Forexcash.
The Unless1589otherwise provided for by the community development director, the proposed covenants shall be1590printed on good quality letter size (8 1/2 inch by 11 inch) paper, printed on one side only.
Id. The Sellers later voluntarily withdrew all of their remaining claims in the Seller Litigation.
Borrower acknowledges and agrees that in the event Borrower or any of its Subsidiaries shall receive any property other than cash in respect of any Seller Litigation, such property shall immediately be pledged to Agent for the benefit of Lenders pursuant to such Collateral Documents (including any additional Collateral Documents) as Agent may request in order to create and perfect a first priority security interest in such property to secure the payment of the Obligations under the Loan Documents.
Id. On April 15, 2010, the CCP entered judgment in favor of the Buyers in the Seller Litigation on their counterclaims.
Any employee who believes they have been retaliated against for whistleblowing may file a complaint with ATUT’s Equal Employment Opportunity (EEO) Officer.
The Claimant was to spend at least 25% of her working time assisting with the conduct of the disputes (which in practical terms included advising on their strategic conduct and liaising with external counsel) and the First Respondent was to make her services available to Entain for that purpose; if she left the First Respondent’s employment, Entain would have the opportunity to nominate a Seller Litigation Representative.