Claims Settlement Authority Sample Clauses

Claims Settlement Authority. Claims against the state of Idaho for incidents under IDL jurisdiction, will be submitted in accordance with the IDL Incident Business Operating Guide.
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Claims Settlement Authority. A. Unless otherwise advised by the Company, Manager shall have authority and control in all matters, pertaining to the handling of claims under this Agreement, except which involve or which are expected to involve aggregate expenditures (of loss Adjustment Expenses) in excess of $25,000. For claims in excess of this amount, or for claims involving a coverage dispute or open for more than six months, Manager shall provide Company with a Narrative Serious Loss Report and a copy of the claim file. The Narrative Serious Loss Report shall be in a form as may be mutually agreed upon, such agreement not to be unreasonably withheld by either party. Additional Narrative Serious Loss Reports shall be submitted whenever there is a change in the reserve on such claims. Unless otherwise advised by the Company, Manager shall continue to handle the claim but shall not settle the claim without first obtaining the approval of the Company.
Claims Settlement Authority. Except as specifically provided herein, Agency has no authority to adjust or settle any claims arising out of or in connection with the Insurance Policies. Agency shall not collect payment from any reinsurer or commit Company or Insurer to a claim settlement with a reinsurer.
Claims Settlement Authority. Notwithstanding any requirement that may be imposed pursuant to Bankruptcy Rule 9019, from and after the Effective Date, the Trustee may, subject to Section 3.3 hereof, settle all Disputed Claims and Causes of Action without supervision or approval of the Bankruptcy Court, free of any restrictions of the Bankruptcy Code, the Bankruptcy Rules, the local rules of the Bankruptcy Court, and the guidelines and requirements of the United States Trustee, other than those restrictions expressly imposed by this Trust Agreement, the Plan or the Confirmation Order.
Claims Settlement Authority 

Related to Claims Settlement Authority

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

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