Legacy Matters definition

Legacy Matters means those liabilities or obligations relating to the Stations as pertaining directly to or arising out of actions or inactions during the period prior to Effective Date;
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Legacy Matters shall have the meaning as ascribed to it in the Development Agreement.
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Legacy Matters means those liabilities or obligations relating to the Airport as pertaining directly to or arising out of actions or inactions during the period prior to the Effective Date‌
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Examples of Legacy Matters in a sentence

  • The JVC shall take best efforts, and AAI shall render all reasonable assistance, to transfer / novate AAI under all existing contracts and agreements between AAI and any third party, as relatable to the Airport, with the JVC, on the principle that such transfer / novation would release AAI of all liabilities and obligations under such contracts or agreements as arising from and after the Effective Date (except those pertaining to Legacy Matters).

  • Provided however, the Total Liability Cap shall not include: (i) payment for transfer of Transfer Assets and/ or Non-Transfer Assets; (ii) liability in relation to any litigation relating to Legacy Matters already commenced prior to Effective Date; and/ or (iii) any contractual liability (present or future) of the AAI in relation to the Legacy Matters.

  • Provided however, the Total Liability Cap shall not include: (i) payment for transfer of Transfer Assets and/or Non-Transfer Assets; (ii) liability in relation to any litigation relating to Legacy Matters already commenced prior to Effective Date; and / or (iii) any contractual liability (present or future) of the AAI in relation to the Legacy Matters.

  • Notwithstanding anything contained herein the total liability of the AAI under this Agreement (including environmental liability or liability resulting from future litigations arising from Legacy Matters)) shall not exceed Rs. 50 Crores (Rupees Fifty Crores) (the “Total Liability Cap”).

  • Notwithstanding anything contained herein the total liability of the AAI under this Agreement (including environmental liability or liability resulting from future litigations arising from Legacy Matters) shall not exceed Rs. 50 Crores (Rupees Fifty Crores only) (the “Total Liability Cap”).


More Definitions of Legacy Matters

Legacy Matters shal mean those liabilities or obligations relating to the Stations as pertaining directly to or arising out of actions or inactions during the period prior to Effective Date;
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Legacy Matters means, collectively, any matters in connection with the SEC Investigation or other matters relating to the periods covered by the Restatement; and "Legacy Matter Liabilities and Defense Costs" means, collectively, any liabilities and/or defense costs of the Legacy Directors which are a) incurred in connection with the SEC Investigation or other Legacy Matters and b) which the Company is obligated to pay or advance on behalf of the Legacy Directors or other directors named herein under the existing indemnification agreements between the Company and each such director (the "Indemnification Agreements").
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Legacy Matters means (i) the Elysian Fuels matter with the HMRC; (ii) the legacy dual trustee
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Legacy Matters means (i) the class action litigation consolidated under the caption In re Apple REITs Litigation, Civil Action No. 1:11-cv-02919-KAM-JO, pending in the United States District Court for the Eastern District of New York, (ii) the investigation conducted by the Securities and Exchange Commission in the proceeding with File No. HO-11082, (iii) the Financial Industry Regulatory Authority (FINRA) disciplinary proceeding captioned Department of Enforcement v. David Lerner Associates, Inc. (CRD No. 5397) and David Lerner (CRD No. 307120), Disciplinary Proceeding No. 2009020741901 and (iv) any other claim, action, proceeding or investigation arising out of or relating to the acts, omissions, facts or other matters alleged and/or the claims asserted in the proceedings referenced in clauses (i), (ii) and (iii), provided, however, that any claim, action, proceeding or investigation arising out of or relating to the Merger Agreement or the events leading up to the Merger Agreement shall not be included in this clause (iv).
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Legacy Matters means (i) the class action litigation consolidated under the caption In re Apple REITs Litigation, Civil Action No. 1:11-cv-02919-KAM-JO, pending in the United States District Court for the Eastern District of New York, (ii) the investigation conducted by the Securities and Exchange Commission in the proceeding with File No. HO-11082, (iii) the
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Related to Legacy Matters

  • staff matters means the remuneration, conditions of service, promotion, conduct, suspension, dismissal or retirement of staff;

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Tax Matters means all tax matters including criminal tax matters,

  • Excluded Matters has the meaning given in Section 6.3.

  • Released Matters MEANS ANY AND ALL CLAIMS, DEMANDS, DAMAGES, DEBTS, LIABILITIES, OBLIGATIONS, COSTS, EXPENSES (INCLUDING ATTORNEYS’ AND ACCOUNTANTS’ FEES AND EXPENSES), ACTIONS AND CAUSES OF ACTION OF ANY NATURE WHATSOEVER, WHETHER NOW KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, THAT THE ▇▇▇▇▇▇ PARTIES NOW HAVE, OR AT ANY TIME PREVIOUSLY HAD, OR SHALL OR MAY HAVE IN THE FUTURE, AS A HOLDER OF PREFERRED STOCK OF XEROX OR CONDUENT, ARISING BY VIRTUE OF OR IN ANY MATTER RELATED TO ANY ACTIONS OR INACTIONS WITH RESPECT TO THE SPIN-OFF; PROVIDED THAT RELEASED MATTERS SHALL NOT INCLUDE ANY RIGHT OF ▇▇▇▇▇▇ CONTAINED IN THIS AGREEMENT, THE SETTLEMENT AGREEMENT OR IN THE TERMS OF THE XEROX CERTIFICATE OF AMENDMENT OR THE CONDUENT CERTIFICATE OF AMENDMENT. IT IS THE INTENTION OF ▇▇▇▇▇▇ IN EXECUTING THIS RELEASE, AND IN GIVING AND RECEIVING THE CONSIDERATION CALLED FOR HEREIN, THAT THE RELEASE CONTAINED IN THIS SECTION 6.06 SHALL BE EFFECTIVE AS A FULL AND FINAL ACCORD AND SATISFACTION AND GENERAL RELEASE OF AND FROM ALL RELEASED MATTERS AND THE FINAL RESOLUTION BY THE ▇▇▇▇▇▇ PARTIES AND THE RELEASED PARTIES OF ALL RELEASED MATTERS. ▇▇▇▇▇▇ HEREBY REPRESENTS TO XEROX AND CONDUENT THAT NONE OF THE ▇▇▇▇▇▇ PARTIES HAVE VOLUNTARILY OR INVOLUNTARILY ASSIGNED OR TRANSFERRED OR PURPORTED TO ASSIGN OR TRANSFER TO ANY PERSON ANY RELEASED MATTERS AND THAT NO PERSON OTHER THAN ▇▇▇▇▇▇ HAS ANY INTEREST IN ANY RELEASED MATTER BY LAW OR CONTRACT BY VIRTUE OF ANY ACTION OR INACTION BY ▇▇▇▇▇▇. THE INVALIDITY OR UNENFORCEABILITY OF ANY PART OF THIS SECTION 6.06 SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF THE REMAINDER OF THIS SECTION 6.06 WHICH SHALL REMAIN IN FULL FORCE AND EFFECT.