Examples of Third Party Litigation in a sentence
The Parties acknowledge that the Company is the plaintiff in the litigation listed on Schedule 6.16 (the “Third-Party Litigation”), and further acknowledge that the Company’s complaint in the Third-Party Litigation seeks money damages from a third party in an unspecified amount.
The Shareholders (acting through the Shareholders Representative) shall advance to the Company or counsel for the Company in the Third-Party Litigation an amount sufficient to cover near-term anticipated fees and expenses, so that Parent or the Company has sufficient cash-on-hand to pay those costs.
The Shareholders (acting through the Shareholders Representative) shall advance to the Company or counsel for the Company in the Third-Party Litigation an amount sufficient to cover near-term anticipated fees and expenses, so that Purchaser or the Company has sufficient cash-on-hand to pay those costs.
The Shareholders Representative shall keep Purchaser and its counsel reasonably informed with respect to all material developments related to the Third-Party Litigation, including material developments with respect to key motions, hearings and firm settlement offers by either party thereto.
The Shareholders Representative shall keep Parent and its counsel reasonably informed with respect to all material developments related to the Third-Party Litigation, including material developments with respect to key motions, hearings and firm settlement offers by either party thereto.