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

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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: Facilities 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 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.. 126

Appears in 1 contract

Samples: Credit Agreement (Fimep Sa)

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: Loan Agreement (Octel Corp)

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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: 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/)

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