District Litigation Sample Clauses

District Litigation. On December 1, 0000, Xxxx Xxxxxxx Xxxxxxxxxxxx Xxxxxxxx No. 2 (“District No. 2”), whose boundaries encompass the Project, commenced a civil action in the District Court of Pitkin County, Colorado, No. 2017-CV-30137, which asserts claims against the previous master developer of Snowmass Base Village, The Related Companies, LP and various company affiliates (“Related”), together with named attorneys and consultants of District No. 2, previous lenders to District No. 2 and/or the former master developer of Snowmass Base Village and the former receiver for Snowmass Base Village, alleging certain unlawful and fraudulent activity by the defendants as related to the organization, financial structuring and administration of District No. 2. The lawsuit seeks the award of monetary damages, disgorgement of wrongfully obtained funds and other relief, all as more fully set forth in the filed action. Please refer to the complete text of the filed complaint and related filings for further information.

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District Litigation. On December 1, 2017, Base Village Metropolitan District No. 2 (“District No. 2”), whose boundaries encompass the Project, commenced a civil action in the District Court of Pitkin County, Colorado, No. 2017-CV-30137, which asserts claims against the previous master developer of Snowmass Base Village, The Related Companies, LP and various company affiliates (“Related”), together with named attorneys and consultants of District No. 2, previous lenders to District No. 2 and/or the former master developer of Snowmass Base Village and the former receiver for Snowmass Base Village, alleging certain unlawful and fraudulent activity by the defendants as related to the organization, financial structuring and administration of District No. 2. The lawsuit seeks the award of monetary damages, disgorgement of wrongfully obtained funds and other relief, all as more fully set forth in the filed action. Please refer to the complete text of the filed complaint and related filings for further information.

District Litigation. On December 1, 0000, Xxxx Xxxxxxx Xxxxxxxxxxxx Xxxxxxxx No. 2 (“District No. 2”), whose boundaries encompass the Project, commenced a civil action in the District Court of Pitkin County, Colorado, No. 2017-CV-30137, which asserts claims against the previous master developer of Snowmass Base Village, The Related Companies, LP and various company affiliates (“Related”), together with named attorneys and consultants of District No. 2, previous lenders to District No. 2 and/or the former master developer of Snowmass Base Village and the former receiver for Snowmass

Related to District Litigation

Litigation There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company, any Subsidiary or any of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign) (collectively, an “Action”) which (i) adversely affects or challenges the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, if there were an unfavorable decision, have or reasonably be expected to result in a Material Adverse Effect. Neither the Company nor any Subsidiary, nor any director or officer thereof, is or has been the subject of any Action involving a claim of violation of or liability under federal or state securities laws or a claim of breach of fiduciary duty. There has not been, and to the knowledge of the Company, there is not pending or contemplated, any investigation by the Commission involving the Company or any current or former director or officer of the Company. The Commission has not issued any stop order or other order suspending the effectiveness of any registration statement filed by the Company or any Subsidiary under the Exchange Act or the Securities Act.
Arbitration Proceedings Arbitration between the parties will be subject to the following:
Litigation and Claims No litigation, claim, investigation, administrative proceeding or similar action (including those for unpaid taxes) against Borrower is pending or threatened, and no other event has occurred which may materially adversely affect Borrower’s financial condition or properties, other than litigation, claims, or other events, if any, that have been disclosed to and acknowledged by Lender in writing.
Legal Actions A Receiver may bring, prosecute, enforce, defend and abandon any action, suit or proceedings in relation to any Security Asset which he thinks fit.
Institution of Legal Actions Any legal actions related to or arising out of this Agreement must be instituted in the District Court of Xxxxxxx County, Kansas or, if federal jurisdiction exists, in the Federal District Court in the District of Kansas.
Legal Action If you are dissatisfied with the determination of your claim, and have complied with applicable state and federal law, you are entitled to seek judicial review. This review will take place in an appropriate court of law. Under state law, you may not begin court proceedings prior to the expiration of sixty (60) days after the date you filed your claim. In no event may legal action be taken against us later than three (3) years from the date you were required to file the claim. For members covered by a group (employer sponsored) health plan, your plan may be subject to the Employee Retirement Income Security Act of 1974 (ERISA), as amended. Under federal law, if your plan is subject to ERISA you may have the right to bring legal action under section 502(a) of ERISA after you have exhausted all appeals available under the plan. That means, for both medical and administrative appeals, federal law requires that you pursue a final decision from the plan, prior to filing suit under section 502(a) of ERISA. For a medical appeal, that final decision is the determination of the appeal. You are not required to submit your claim to external review prior to filing a suit under section 502(a) of ERISA. Consult your employer to determine whether this applies to you and what your rights and obligations may be. If you are dissatisfied with the decision on your claim, and have complied with applicable state and federal law, you are entitled to seek judicial review. This review will take place in an appropriate court of law.
Notice of Legal Matter or Litigation Grantee will send notice to the Substance Use Disorder (SUD) email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx of any litigation or legal matter related to or affecting this Contract within seven (7) calendar days of becoming aware of the litigation or legal matter.
Lawsuits There is no lawsuit, tax claim or other dispute pending or threatened against the Borrower which, if lost, would impair the Borrower's financial condition or ability to repay the loan, except as have been disclosed in writing to the Bank.
Civil Action except where a joint Union-Employer Committee considers that there has been flagrant or wilful negligence on the part of an employee, the Employer agrees not to seek indemnity against an employee whose actions result in a judgement against the Employer. The Employer agrees to pay any judgement against an employee arising out of the performance of his/her duties. The Employer also agrees to pay any legal costs incurred in the proceedings including those of the employee.
Other Legal Actions The actions stipulated in this Integrity Pact are without prejudice to any other legal action that may follow in accordance with the provisions of the extant law in force relating to any civil or criminal proceedings.