Litigation

Litigation. A legal action in foreclosure of a Mortgage Loan, or for a deficiency thereunder, in which the sale of the mortgaged property in foreclosure (whether by action, power of sale, or otherwise) has been delayed by reason of the defense of such action by the Mortgagor, or any other action commenced or pending in court which involves the Mortgage Loan (excluding class actions), and which action materially and adversely, in Purchaser's reasonable opinion, affects the Mortgagor's obligation to make... payments under the Mortgage Loan or the enforceability or priority of the Mortgage or results in a material increase in the cost to service the Mortgage Loan. View More

Litigation. Means action, suit, demand, claim, hearing, proceeding, arbitration, grievance, citation, summons, subpoena, inquiry or investigation of any nature, civil, criminal, administrative, regulatory or otherwise, in law or in equity..

Litigation. Means any lawsuit, action, arbitration, administrative or other proceeding, criminal prosecution or governmental investigation or inquiry.

Litigation. Shall have the meaning set forth in the recitals.

Litigation. Means any claim, action, suit, proceeding, arbitration or governmental investigation (including a Tax audit) or procedure that could result in a Judgment.

Litigation. Any pending or threatened lawsuit, action, cause of action, claim for relief, mediation, arbitration, governmental investigation, audit, contest or other proceeding of any nature or character whatsoever involving Borrower, Guarantor, or the Collateral

Litigation. PSI Systems, Inc. vs. Stamps.com Inc., Civil Action No. 2:08-cv-05233-ODW-JEM (C.D. Cal.).

Litigation. Discover Financial Services, et al. v. Visa U.S.A. Inc., et al., Case No. 04-CV-07844 (S.D.N.Y.)

Litigation. The meaning specified in the Preamble.

Litigation. Any and all litigations, actions, suits, claims, investigations, arbitrations, judicial or administrative proceedings, condemnations, disputes, or any infraction notices, summonses, court notifications, expert investigations or inspections or other proceedings, in any forum, judicial, administrative, or arbitral