Common use of Entry of Final Judgment Clause in Contracts

Entry of Final Judgment. The Final Judgment shall have been entered or established by settlement agreement and Agent shall have received satisfactory evidence of (i) such entry or settlement, (ii) the amount of Borrower's and each other Credit Party's liability with respect thereto, (iii) the amount and timing of any proceeds of insurance, indemnification or contribution expected to be received by Borrower and each of the other Credit Parties with respect thereto and (iv) the aggregate amount of accrued and unpaid expenses (including, without limitation, legal fees) incurred by the Credit Parties with respect to the DEI Litigation as of the Term Loan B Funding Date.

Appears in 2 contracts

Sources: Credit Agreement (Code Alarm Inc), Credit Agreement (Code Alarm Inc)