Third Party Litigation Deed definition

Third Party Litigation Deed means the third party litigation deed dated on the Effective Time between, amongst others, LFSL and the Scheme Creditors.
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Third Party Litigation Deed means the deed to be entered into by LFSL and the Scheme Creditors substantially in the form set out in Schedule 2 (Third Party Litigation Deed).
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Examples of Third Party Litigation Deed in a sentence

  • Each Scheme Creditor shall enter into the Third Party Litigation Deed as set out in Schedule 2 (Third Party Litigation Deed) on the Effective Time and hereby irrevocably authorises LFSL to sign the Third Party Litigation Deed on their behalf as their agent.

  • It is a condition of the Third Party Litigation Deed that any Scheme Creditor who commences or continues any Relevant Proceeding shall enter into a deed of trust with LFSL in respect of such Relevant Proceeding.

  • The Third Party Litigation Deed sets out the procedure to be followed by Scheme Creditors when commencing or continuing Third Party Proceedings.

  • Pursuant to the Scheme, LFSL, each of the Scheme Creditors and the Scheme Supervisors entered into the Third Party Litigation Deed.

  • This Third Party Litigation Deed may be executed in any number of counterparts, and by each of the Parties on separate counterparts.

  • On the date that LFSL has transferred, or procured the transfer of, all of the Proceeds standing to the credit of the Escrow Account in accordance with clause 7.5 ( Application of Proceeds) of the Third Party Litigation Deed, the Trust shall be dissolved automatically and with immediate effect.

  • A copy of the Third Party Litigation Deed is available at https://lfwoodfordfundscheme.com/documents/.

  • Subject to Clause 10.2.4 ( Modification of the Scheme), LFSL may, at any hearing to sanction the Scheme, consent on behalf of all Scheme Creditors to any modification of the Scheme, the Release Deed, the Third Party Litigation Deed or any terms or conditions which the Court may think fit to approve or impose and which would not directly or indirectly have a materially adverseeffect on the interests of Scheme Creditors (in their capacity as Scheme Creditors) as a whole under.

  • LFSL, in its capacity as trustee of the Trust, shall apply the Trust Assets in accordance with clause 7.5 ( Application of Proceeds) of the Third Party Litigation Deed only.

  • Third Party Litigation Deed on the Scheme Creditor's behalf on the Effective Time.

Related to Third Party Litigation Deed

  • Third Party Infringement Claim has the meaning set forth in Section 6.4.

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • Transaction Litigation has the meaning set forth in Section 5.2(d).

  • Third Party Liability has the meaning ascribed thereto in Section 8.3.2;

  • Third Party Agreement means an agreement with an Underwriting Third Party and/or a Claims Third Party.

  • Dispute Resolution Scheme means the Electricity and Gas Complaints Commission or such other dispute resolution scheme approved or provided for in accordance with section 95 of the Act;

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Threatened litigation as used herein shall include governmental investigations and civil investigative demands. “Litigation” as used herein shall include administrative enforcement actions brought by governmental agencies. The Contractor must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Contract or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the Contractor’s financial condition.

  • Third Party Infringement has the meaning set forth in Section 5.1.

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • Third Party Action means any suit or proceeding by a person or entity other than a Party for which indemnification may be sought by a Party under Article VII.

  • Third Party Claim has the meaning set forth in Section 8.3.

  • dispute resolution proceeding ’ means any process in which an alternative means of dispute resolution is used to resolve an issue in controversy in which a neutral is appointed and specified parties participate;

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Third Party Vendor means any person or entity that provides SaaS, third party software and/or related intellectual property. “Work” means any additional work the Customer requests Singtel to perform in relation to the Service.

  • third party proceeding means any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation.

  • Mediation agreement means a written agreement between the parties to a mediation meeting.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Tri-Party Agreement shall have the meaning set forth in Section 6.4 hereof.

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Plaintiffs’ Counsel means Lead Counsel and all other legal counsel who, at the direction and under the supervision of Lead Counsel, performed services on behalf of the Settlement Class in the Action.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Mediation party means a person that participates in a mediation and whose agreement is necessary to resolve the dispute.