Common use of Unliquidated Claims Clause in Contracts

Unliquidated Claims. If, at any time upon or after the occurrence of an Acceleration Event which is continuing, the relevant obligation or liability is unliquidated or unascertained, the 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 4 contracts

Samples: Security Agreement (Paysafe LTD), Debenture (Paysafe LTD), Debenture (Paysafe LTD)

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Unliquidated Claims. If, at any time upon or after the occurrence of an Acceleration Event which is continuing, If the relevant obligation or liability is unliquidated or unascertained, the 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)

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Unliquidated Claims. If, at any time upon or after the occurrence of an Acceleration Event which is continuing, If the relevant obligation or liability is unliquidated or unascertained, the 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)

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