Contingent Claim Committee definition

Contingent Claim Committee means a committee composed of one representative designated from time to time by each of Vishay and VPG that shall be established in accordance with Section 6.5.
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Contingent Claim Committee has the meaning set forth in Section 5.01(a).
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Contingent Claim Committee means a committee that shall be established in accordance with Section 6.4.
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Examples of Contingent Claim Committee in a sentence

  • If it is determined by the parties or the Contingent Claim Committee that the Third Party Claim is a Shared Contingent Liability, the Indemnifying Party determined to have a majority of the Shared Percentage of such Shared Contingent Liability shall assume the defense of such Third Party Claim; provided, that such Indemnifying Party is solvent.

  • If the Contingent Claim Committee reaches a determination (which shall be made within thirty (30) days of such referral on a matter submitted to the Contingent Claim Committee by any of the parties), then that determination shall be binding on all of the parties and their respective successors and assigns.

  • If it is determined by the parties hereto or the Contingent Claim Committee that the Third Party Claim is a Shared Contingent Liability, the Indemnifying Party determined to have a majority of the Shared Percentage of such Shared Contingent Liability shall assume the defense of such Third Party Claim; provided, that such Indemnifying Party is solvent.

  • If the Contingent Claim Committee reaches a determination (which shall be made within thirty (30) days of such referral on a matter submitted to the Contingent Claim Committee by any of the parties hereto), then that determination shall be binding on all of the parties hereto and their respective successors and assigns.

  • Thereafter, the Indemnitee shall deliver to the Indemnifying Party (and, as applicable, to the Managing Party and the Contingent Claim Committee), as promptly as practicable (and in any event within five (5) Business Days) after the Indemnitee’s receipt thereof, copies of all notices and documents (including court papers) received by the Indemnitee relating to the Third Party Claim.

  • The Contingent Claim Committee shall have the sole authority to approve or consent to any settlement, resolution or other disposition in connection with and in respect of any Specified DowDuPont Shared Asset or Specified DowDuPont Shared Liability.

  • If it is determined by the Parties or the Contingent Claim Committee that a Contingent Recovery is a Shared Contingent Recovery, the Party determined to have a majority of the Shared Percentage of such Shared Contingent Recovery shall have the sole and exclusive authority to commence, prosecute, settle, manage, control, conduct, waive, forgo, release, discharge, forgive and otherwise determine all matters whatsoever with respect to such Shared Contingent Recovery; provided, that such Party is solvent.

  • Within fifteen (15) days of a New Shared Matter Notice, another Party may give the Contingent Claim Committee notice that, although such Party is not the Designated Managing Party pursuant to the first sentence of this Section 6.2(c) , such Party believes in good faith that it should serve as the Managing Party (a “ Managing Party Notice ” and the Party delivering such notice, the “ Managing Party Claimant ”).

  • Except as set forth in Section 6.2(j) with respect to a Settling Party, each of the MatCo Representative, AgCo Representative and SpecCo Representative shall have one vote with respect to all matters submitted to the Contingent Claim Committee for resolution; provided , that for so long as AgCo remains an Affiliate of SpecCo, each of the Joint SpecCo/AgCo Representative and the MatCo Representative shall have one vote with respect to all matters submitted to the Contingent Claim Committee for resolution.

  • Whether a Proposal is formally submitted to the Contingent Claim Committee for approval shall be in the sole discretion of the applicable Managing Party.


More Definitions of Contingent Claim Committee

Contingent Claim Committee means a committee composed of one representative designated from time to time by each of Allergan and AMO that shall be established in accordance with Section 5.06.
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Contingent Claim Committee has the meaning assigned to such term in Section 6.05(a).
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Contingent Claim Committee means a committee composed of one representative designated from time to time by each of Xxxxxxx-Xxxxx Squibb and Xxxxxx that shall be established in accordance with Section 5.06.
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Contingent Claim Committee shall have the meaning set forth in Section 7.4.
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Contingent Claim Committee means a committee composed of one representative designated from time to time by each of ECC and the Company that shall be established in accordance with Section 6.5. “Contingent Gain” means any claim or right of a member of the ECC Group or the Company Group, whenever arising, against any Person (other than a member of the ECC Group or the Company Group); provided,
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Related to Contingent Claim Committee

  • Review Committee or “Committee” means a committee established pursuant to rule Chapter 67-60, F.A.C.

  • Investigating Committee means any Officer/Committee appointed by Competent Authority to conduct investigation.

  • Hearing Committee means the committee appointed pursuant to this Plan to hear a request for an evidentiary hearing that has been properly filed and pursued by a practitioner.

  • Appeals Committee means a Committee or Tribunal duly appointed by by-law to conduct hearings under this By-law;

  • Peer review committee means one or more persons acting in a peer review capacity who also serve as an officer, director, trustee, agent, or member of any of the following:

  • Appeal Committee means the appeal committee established by the Council in terms of section 12(3)(a);

  • independent review committee means the independent review committee of the investment fund established under National Instrument 81-107 Independent Review Committee for Investment Funds;

  • Joint Steering Committee or “JSC” has the meaning set forth in Section 3.1.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Listing Committee the listing committee of the Stock Exchange;

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Sub-Committee means a committee of a committee created by the Board.

  • Campaign committee means the committee designated by a candidate to receive all contributions

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Project Steering Committee means the committee referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Personal campaign committee means the committee appointed by a candidate to act for the candidate as provided in this chapter.

  • Screening Committee means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

  • Steering Committee has the meaning set forth in Section 2.

  • Medical Advisory Committee means the Medical Advisory Committee established by the Board as required by the Public Hospitals Act;

  • congressional defense committees ’ means the Armed

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • First party claimant means an individual, corporation, association, partnership or other legal entity asserting a right to payment under an insurance policy or insurance contract arising out of the occurrence of the contingency or loss covered by such policy or contract;