Examples of Specified Actions in a sentence
Subject to Section 8.2, the Purchasers shall use reasonable best efforts to take any Specified Actions reasonably requested by the Sellers in connection with the Sellers’ defense of such Proceedings or the settlement thereof; provided that the Sellers shall promptly reimburse the Purchasers for any reasonable, documented out-of-pocket costs and expenses incurred by the Purchasers in connection with taking any such actions.
From and after the Effective Time, the SpinCo Group shall direct the defense or prosecution of any (i) SpinCo Specified Actions and (ii) any other Actions that constitute only SpinCo Liabilities or SpinCo Assets.
Relevant DefinitionsThe proposed regulations provide that an ATB means any activity for which the ATB Activity Test with respect to Specified Actions is met.
The Lender may act on behalf of the Secured Parties or any of them and shall be entitled to commence proceedings in any court of competent jurisdiction or to take any other Specified Actions as the Collateral Agent might have taken pursuant to this Agreement or the other Security Documents.
The cost of fertilizer may not be considered when calculating the participant’s tax credit.