Common use of Unliquidated Claims Clause in Contracts

Unliquidated Claims. If the relevant obligation or liability is unliquidated or unascertained, the Finance Party may set-off the amount which it estimates (in good faith) will be the final amount of that obligation or liability once it becomes liquidated or ascertained.

Appears in 2 contracts

Samples: Senior Credit Agreement (Ocallaghan Barry), Senior Credit Agreement (Delta I Acquisition Inc)

AutoNDA by SimpleDocs

Unliquidated Claims. If the relevant obligation or liability is unliquidated or unascertained, the Finance each Secured Party may set-off the amount which it estimates (in good faithfaith and acting reasonably) will be the final amount of that obligation or liability once it becomes liquidated or ascertained.

Appears in 2 contracts

Samples: Security Agreement (Morria Biopharmaceuticals PLC), Security Agreement (Morria Biopharmaceuticals PLC)

Unliquidated Claims. If the relevant obligation or liability is unliquidated or unascertained, unascertained the Finance Party may set-set off the amount which it estimates (in good faith) will be the final amount of that such obligation or liability once it becomes liquidated or ascertained.

Appears in 2 contracts

Samples: Loan Agreement (United Biscuits Finance PLC), Facilities Agreement (United Biscuits Finance PLC)

Unliquidated Claims. If the relevant obligation or liability is unliquidated or unascertained, the Finance Secured Party may set-off the amount which it estimates (in good faith) will be the final amount of that obligation or liability once it becomes liquidated or ascertained.

Appears in 1 contract

Samples: Credit Agreement (Appleton Papers Inc/Wi)

Unliquidated Claims. If the relevant obligation or liability is unliquidated or unascertained, the Finance Party may set-off the amount which it estimates (in good faith) will be the final amount of that such obligation or liability once it becomes liquidated or ascertained.

Appears in 1 contract

Samples: Term Loan Agreement (Octel Corp)

AutoNDA by SimpleDocs

Unliquidated Claims. If the relevant obligation or liability described under clause 18.1 is unliquidated or unascertained, the Finance Party may set-off the amount which it estimates (in good faith) will be the final amount of that obligation or liability once it becomes liquidated or ascertained.

Appears in 1 contract

Samples: Facility Agreement (Hudson Highland Group Inc)

Unliquidated Claims. If the relevant obligation or liability is unliquidated or unascertained, the such Finance Party may at any time after an Event of Default (and for so long as the same is continuing) set-off the amount which it estimates (in good faith) will be the final amount of that such obligation or liability once it becomes liquidated or ascertained.

Appears in 1 contract

Samples: Facilities Agreement (Bema Gold Corp /Can/)

Unliquidated Claims. If the relevant obligation or liability is unliquidated or unascertained, the Finance Party may set-set off the amount which it estimates (in good faith) will be the final amount of that obligation or liability once it becomes liquidated or ascertained.

Appears in 1 contract

Samples: Credit Agreement (Fimep Sa)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!