The Actions Sample Clauses

The Actions clause defines the specific steps, duties, or behaviors that parties are required to perform under the agreement. It typically outlines who is responsible for carrying out certain tasks, the manner in which these tasks should be completed, and any relevant timelines or conditions. For example, it may specify that one party must deliver goods by a certain date or that both parties must cooperate in providing information. The core function of this clause is to clearly allocate responsibilities and ensure that all parties understand their obligations, thereby reducing the risk of misunderstandings or disputes.
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The Actions. In 2012, class proceedings were commenced in the Ontario Superior Court of Justice (the “Ontario Action”) and the Québec Superior Court (the “Québec Action”, together with the Ontario Action, the “Actions”) against the Defendants. The Actions alleged that SNC misrepresented or failed to disclose certain material information relating to the making of improper payments in respect of contracts SNC pursued for projects in Montreal, Québec, Alberta and elsewhere in its securities filings during the Class Period. The Actions alleged that those payments were not properly accounted for, and SNC’s financial statements and management’s discussion and analysis released during the Class Period contained statements that were false or materially misleading. It was alleged that SNC’s securities therefore traded at artificially inflated prices during the Class Period, resulting in damage to Class Members when information relating to those alleged misrepresentations was publicly disclosed. On September 19, 2012, the Ontario Superior Court of Justice (“Ontario Court”) certified the Ontario Action as a class action on behalf of the Ontario Class Members. On January 24, 2013, the Superior Court of Québec (“Québec Court”) authorized the bringing of a class action on behalf of the Québec Class Members. Pursuant to those orders, Class Members were afforded the right to exclude themselves or “opt out” of the Classes no later than May 8, 2013. Persons who validly exercised the right to opt out are not Class Members, are not affected by this notice and may not participate in the Settlement. Since then, the Ontario Action has been vigorously litigated, and the Québec Action has been held in abeyance. On , the Plaintiffs and SNC executed a Settlement Agreement providing for the settlement of both Actions (the “Settlement”), which is subject to approval by the Courts. The Settlement Agreement provides for the payment of CAD$110,000,000.00 (the “Settlement Amount”) in consideration of the full and final settlement of the claims of Class Members. The Settlement Amount includes all legal fees, disbursements, taxes and administration expenses. The Settlement provides that if it is approved by the Courts, the claims of all Class Members asserted or which could have been asserted in the Actions will be fully and finally released and the Actions will be dismissed. The Settlement is not an admission of liability, wrongdoing or fault on the part of the Defendants, all of whom have denied, and...
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The Actions. On May 25, 2018, a federal securities fraud class action was filed against Fluor in the Northern District of Texas, styled as ▇▇▇▇ ▇. Fluor Corporation, No. 3:18-cv-01338-X (the “Securities Action”). On November 8, 2022, the Northern District of Texas entered an Order and Final Judgment resolving the Securities Action.
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The Actions. What are the cases about?
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The Actions. Seller is currently engaged in litigation that includes: (a) an action filed by Seller against ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Holding, Inc. and its wholly-owned subsidiary, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Merchandising, Inc. (collectively, "▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇") in the Superior Court of the State of California, County of Los Angeles, Central District (Versatile Entertainment, Inc. v. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Merchandising, Inc., BC424674) (the "▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Action"); (b) an action filed by Seller against Advent International Corporation and certain of its subsidiaries, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇ (collectively, “Advent”) in the Superior Court of the State of California, County of Los Angeles, Central District (Versatile Entertainment, Inc. v. Advent International Corporation, BC424675) (the "Advent Action"); and (c) an action filed by ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ against Seller in the Superior Court of the State of California, County of Los Angeles, Central District (▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Holding, Inc. vs. Versatile Entertainment, Inc., BC424734) (the “Defense Action” and, together with the ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Action and the Advent Action, the “Current Actions”). The claims made in the Current Actions and the nature of the disputes involved are more fully described in Seller’s Form 8-K filed with the SEC on November 9, 2009. For the purposes of this Agreement, the term "Actions" means the Current Actions, any and all other legal proceedings, whether conducted as litigation, arbitration or mediation, that involve claims made by Seller based upon any or all of the facts and events that form the basis of the Current Actions, and all of Seller’s interest in the causes of action underlying the Current Actions and such other legal proceedings.
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Related to The Actions

  • Other Actions In order to further insure the attachment, perfection and priority of, and the ability of the Collateral Agent to enforce, the Security Interest, each Grantor agrees, in each case at such Grantor’s own expense, to take the following actions with respect to the following Article 9 Collateral:

  • Court Actions Nothing contained in this Agreement shall deny either Party the right to seek injunctive or other equitable relief from a court of competent jurisdiction in the context of a bona fide emergency or prospective irreparable harm, and such an action may be filed and maintained notwithstanding any ongoing discussions between the Parties or any ongoing arbitration proceeding. In addition, either Party may bring an action in any court of competent jurisdiction to resolve disputes pertaining to the validity, construction, scope, enforceability, infringement or other violations of Patent Rights or other intellectual property rights, and no such claim shall be subject to arbitration pursuant to Section 11.2.

  • Interim Actions In the case of a Material Default that causes continuing damages to the Sellers for which indemnification by the Purchasers pursuant to Article 8 of the Agreement would not be sufficient to remedy all such damages, the Sellers and the Purchasers shall cooperate in good faith to implement appropriate interim actions to mitigate such damages until the Corrective Action Plan is finalized. The parties shall develop and implement such interim actions on timelines that are commensurate with the severity of the harm and that take into account the risks to the Sellers of delay. The Purchasers shall use reasonable best efforts to mitigate the adverse consequences on the Sellers of the Material Default until the Correction Action Plan is finalized.

  • Adverse Actions Take any action or fail to take any action that is intended or is reasonably likely to result in (i) any of its representations and warranties set forth in this Agreement being or becoming untrue in any material respect at any time at or prior to the Effective Time, (ii) any of the conditions to the Merger set forth in Article VI not being satisfied or (iii) a material violation of any provision of this Agreement, except, in each case, as may be required by applicable law or regulation.

  • Pending Actions There is no action, suit, arbitration, unsatisfied order or judgment, government investigation or proceeding pending against Purchaser which, if adversely determined, could individually or in the aggregate materially interfere with the consummation of the transaction contemplated by this Agreement.