Summary Proceeding Rules definition

Summary Proceeding Rules shall have the meaning specified in Section 13.5. "Taxes" means all taxes, charges, fees, levies or other assessments, including but not limited to any net income tax or franchise tax based on net income, any alternative or add-on minimum taxes, any gross income, gross receipts, premium, sales, use, ad valorem, value added, transfer, profits, license, social security, Medicare, payroll, employment, excise, severance, stamp, occupation, property, environmental or windfall profit tax, custom, duty or other tax, governmental fee or other like assessment, together with any interest, penalty, addition to tax or additional amount imposed by any Taxing Authority. "Tax Claims" shall mean any claims, actions, causes of action, liabilities, losses, damages, deficiencies, judgments, settlements, costs and expenses whatsoever (including reasonable out-of-pocket expenses and reasonable attorneys' fees), whether or not resulting from third party claims, relating to Taxes. "Tax Return" shall mean any return, report, statement, information or other document including any amendment thereto filed or to be filed or required to be filed or supplied to any federal, state, or local Taxing Authority or any other government entity with respect to Taxes, including, where permitted or required, combined or consolidated returns for any group of entities. "Taxing Authority" means any Governmental Body (U.S. or non-U.S.) responsible for the imposition of any Taxes. "Texas Farm Lease" shall have the meaning specified in the Recitals. "Texas Properties" shall have the meaning specified in Section 3.15(b). "Warrant Agreement" means the Warrant Agreement to be entered into by Buyer and Sellers at the Closing substantially in the form set forth as Exhibit D to this Agreement. "Warrants" means warrants to acquire 600,000 shares of Buyer Stock at a price of $50.00 per share and 600,000 shares of Buyer Stock at a price of $60.00 per share, substantially in the form attached as Exhibit A to the Warrant Agreement. "Water Rights" means any and all surface and subterranean water rights of any nature and from any source whatsoever, whether riparian, overlying, appropriative, prescriptive, contractual or otherwise, and whether or not appurtenant to one or more of the Properties, including, without limitation, (i) all rights associated with the irrigation of, and wells located on, the Properties ▇▇▇ (ii) all rights of the California Properties to water service from the IID. "Western Farm & Cattle" s...
Summary Proceeding Rules shall have the meaning specified in Section ------- ---------------- 13.

Examples of Summary Proceeding Rules in a sentence

  • In the event any action, suit or proceeding where the amount in controversy as to at least one party, exclusive of interest and costs, does not exceed $1,000,000 (a “Proceeding”), arising out of or relating to this Note or the breach, termination or validity thereof is brought, the parties to such Proceeding agree to make application to the Delaware Superior Court to proceed under the Summary Proceeding Rules.

  • In the event any action, suit or proceeding where the amount in controversy as to at least one party, exclusive of interest and costs, does not exceed $1,000,000 (a "Proceeding"), arising out of or relating to this Note or the breach, termination or validity thereof is brought, the parties to such Proceeding agree to make application to the Delaware Superior Court to proceed under the Summary Proceeding Rules.

  • In the event any action, suit or proceeding where the amount in controversy as to at least one party, exclusive of interest and costs, does not exceed $1,000,000 (a "Proceeding"), arising out of or relating to the obligations or the breach, termination or validity thereof is brought, the parties to such Proceeding agree to make application to the Delaware Superior Court to proceed under the Summary Proceeding Rules.

  • No dispute arising with respect to this Agreement where the amount in controversy as to at least one party, exclusive of interest and costs, exceeds One Million Dollars ($1,000,000) (a "Summary Proceeding"), shall be litigated except in the Superior Court of the State of Delaware (the "Delaware Superior Court") as a summary proceeding pursuant to Rules 124-131 of the Delaware Superior Court, or any successor rules (the "Summary Proceeding Rules").