Sentences with phrase «event of success»

Honor and recognition in event of success.»

• G is the expected gain in the event of a success (usually takeover price o liquidation value).

Section 33 (1) and (2) make it clear that generally under the Act, despite the Solicitors Act and the Act Respecting Champerty, there can be an agreement between a solicitor and a representative party (on behalf of that party and those represented by that party) for the payment of fees and disbursements only in the event of success.

2) Subject to paragraphs 15, 18 & 21 hereof, in the event of success the solicitor will pay counsel his / her normal and success fees.

Tullow's group's CEO Aidan Heavey cited the «expenses of further proceedings and the difficulty in enforcing any award against DRC, even in the event of success» as reasons for discontinuing legal proceedings.

The premium payments offers included deferred & contingent (i.e. the premium is only payable in the event of success), fully upfront premium options, blended and damages based premiums i.e. premiums calculated as a percentage of damages.

In a standard CFA the fees which were increased by the success fee in the event of success were the costs at risk.

The premium is linked to the amount of cover provided by the policy and not to the claim value, meaning that there is a fixed, quantifiable cost of insurance in the event of success, as opposed to a large percentage of damages.

Firstly, the premium charged by the insurer in the event of success is a fraction of the cost of a third - party funding success fee (reflecting the fact that the insurer does not pay cash out during the life of the claim).

Class counsel have been retained on a contingency basis, which effectively means that fees and disbursements will only be paid to Class counsel in the event of success.

Instructed to advise in relation to a difficult question of whether an additional bonus payment payable in the event of success by second salvors (who entered an LOF with owners) to first salvors (who had been acting without a formal agreement, and from whom the second salvors took over) could be viewed as a SCOPIC cost and / or out of pocket expense under the LOF.

Our financing is non-recourse, meaning we get a return only in the event of a success in the cases within the portfolio.