Accrued Claims definition

Accrued Claims means that portion of claims payable under a health insurance policy or certificate and incurred on or prior to the valuation date that result in liability of the insurer for the payment of benefits for medical services rendered on or prior to the valuation date and for the payment of benefits for days of hospitalization and days of disability that have occurred on or prior to the valuation date that the insurer has not paid as of the valuation date but for which it is liable and will have to pay after the valuation date.
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Accrued Claims has the meaning given in paragraph 5.7 of Schedule 8.A (Franchise Payments);
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Accrued Claims. (as applicable).
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Examples of Accrued Claims in a sentence

  • Accrued Claims Costs: The Company provides for the uninsured costs of medical, casualty, liability, vehicular, cargo and workers' compensation claims.

  • The Assignee may exercise and enforce the Accrued Claims in its own name and on its own behalf as though it were the Assignor.

  • The Assignor hereby cedes, transfers and makes over to the Assignee the Accrued Claims.

  • Changes in Accrued Claims Liability are reflected in the District’s Operating Expenses.

  • Changes in Accrued Claims Liability is reflected in the District’s Operating Expenses.

  • The long-term portion of $243.2 million at year-end 1999 and $265.5 million at year-end 1998 is included in Accrued Claims and Other Liabilities.

  • In addition, the Buyer shall reasonably cooperate with MSC and its representatives and agents in connection with MSC's review of the Post-Closing Accrued Claims Reserve Schedule and shall provide access during normal business hours of the Buyer for the purpose of reviewing the books, records and work papers of the Buyer relevant to the determination of the Accrued Claims Amount.

  • Claims Reserve Balance, MSC shall pay to the Buyer at the Buyer's Account an amount equal to 50% of the difference obtained by subtracting the Closing Accrued Claims Reserve Balance from the Accrued Claims Amount.

  • Accrued Claims Costs: The Company provides for the uninsured costs of medical, casualty, liability, vehicular, cargo and workers compensation claims.

  • Safeway had an accrued liability of $87.3 million at year-end 1999 and $84.6 million at year-end 1998 for such estimated future losses, which is included in Accrued Claims and Other Liabilities in the Company's consolidated balance sheets.


More Definitions of Accrued Claims

Accrued Claims. Accrued Disallowable Costs" "Accrued Revenue Foregone" "Actual Capex" "Actual Costs" "Actual EMA Capex" "Actual EMA Costs" "Actual EMA Revenue" "Actual Revenue" "Aggregated Costs and Revenues Liabilities" "Annual Adjustment" or "AADJ" "Base Cash Position" "Budget" "Budgeted Capex" "Budgeted Costs" "Budgeted EMA Capex" "Budgeted EMA Costs" "Capital Expenditure" "Cash Balance" "Ceiling Cash Position" "Costs" Contingent SoS Claim "Disallowable Costs" "EMA Budget" "EMA Disallowable Costs" "EMA Emergency Working Capital Payments" "EMA Estimated Revenue" or "EER" "EMA Final Adjustment" "EMA Final Reviewed Accounts" "EMA Finance Review Meeting" "EMA FWCA" "EMA Periodic Adjustment Payment" "EMA Revenue Foregone" "EMA SoS Claims" "EMA Working Capital Payments" "EMA Working Capital Repayments" "Emergency Working Capital Payment" "Estimated Capital Expenditure" "Estimated Costs" "Estimated Revenue" "EWCR" "Escalation Trigger Date" "Final Working Capital Adjustment" or "FWCA" "First Franchise Payment" or "FFP" "First Reporting Period" "Fixed Fee" "Fixed Fee and Performance Based Fee" or "FFPBF" "Floor Cash Position" "Forecast Closing Cash Position" "Franchise Payment Component" "Good and Efficient Operator" Initial SoS Claim Amount "Periodic Adjustment" "Periodic Budgeted Capex Payment" or "PBCP" "Periodic Franchise Payment" or "PFP" "Periodic Finance Review Meeting" "Quarter" "Quarterly Budget Forecast Review Meeting" "Reporting Period 13" "Residual Components" "Revenue" "Revenue Foregone" "SoS Claim" "Supporting Materials" "Unreimbursed Disallowable Costs" "Working Capital Payment" "Working Capital Repayment" "Working Capital Shortfall"
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Accrued Claims has the meaning given in paragraph 5.7 of Schedule 8.A
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Accrued Claims has the meaning given in paragraph 5.7 of Schedule 8A(EMA) (Franchise Payments);
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Related to Accrued Claims

  • Accrued Amounts means any unpaid annual base salary accrued through the date of a Participant’s Qualifying Termination and any accrued but unpaid vacation pay.

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, but subject to any deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained at the target level (reduced, but not below zero, by amounts paid under all such contingent bonus or incentive compensation awards upon the Change in Control of the Company to the extent such amounts relate to the same period of time); and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs, unless the Executive’s Separation from Service is due to death, in which event such payment shall be made within 90 days of the date of Executive’s death.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Accrued Obligation means the sum of (i) Executive’s Base Salary earned through the Date of Termination and (ii) to the extent permitted by the Company’s vacation policies as may exist from time to time, any accrued, unused vacation pay earned by Executive, in both cases, to the extent not theretofore paid.

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Accrued Liabilities shall include a pro rata contribution to each Employee Benefit Plan or with respect to each such obligation or arrangement for that portion of a plan year or other applicable period which commences prior to, and ends after, the Closing Date, and Accrued Liabilities for any portion of a plan year or other applicable period shall be determined by multiplying the liability for the entire such year or period by a fraction, the numerator of which is the number of days preceding the Closing Date in such year or period and the denominator of which is the number of days in such year or period, as the case may be.

  • Related Claims means all Claims for Wrongful Acts based upon, arising out of, resulting from, or in any way involving the same or related facts, circumstances, situations, transactions or events or the same or related series of facts, circumstances situations, transactions or events, whether related logically, causally or in any other way.

  • Compensation Accrued at Termination means the following:

  • Released Claims means all Released Defendants’ Claims and all Released Plaintiffs’ Claims.

  • Accrued Rights shall have the meaning set forth in Section 4(a)(iv).

  • Released Class Claims means the claims being released as described in Paragraph 6.2 below.

  • Employee Claims means any claims (including all fines, judgments, penalties, costs, litigation and/or arbitration expenses, attorneys’ fees and expenses, and costs of settlement with respect to any such claim) made by or in respect of an employee or potential hire of Manager against Manager and/or Lessee which are based on a violation or alleged violation of the Employment Laws or alleged contractual obligations.

  • Covered Claims Claim" means any claim, dispute or controversy between you and us that in any way arises from or relates to this Agreement, the Account, the issuance of any Card, any rewards program, any prior agreement or account. "Claim" includes disputes arising from actions or omissions prior to the date any Card was issued to you, including the advertising related to, application for or approval of the Account. "Claim" has the broadest possible meaning, and includes initial claims, counterclaims, cross-claims and third-party claims. It includes disputes based upon contract, tort, consumer rights, fraud and other intentional torts, constitution, statute, regulation, ordinance, common law and equity (including any claim for injunctive or declaratory relief). "Claim" does not include disputes about the validity, enforceability, coverage or scope of this Arbitration Provision or any part thereof (including, without limitation, the prohibition against class proceedings, private attorney general proceedings and/or multiple party proceedings described in Paragraph C.7 (the "Class Action Waiver"), the last sentence of Paragraph C.13 and/or this sentence); all such disputes are for a court and not an arbitrator to decide. However, any dispute or argument that concerns the validity or enforceability of the Agreement as a whole is for the arbitrator, not a court, to decide.

  • Schedule of Retained Causes of Action means the schedule of certain Causes of Action of the Debtors that are not released, waived, or transferred pursuant to the Plan, as the same may be amended, modified, or supplemented from time to time.

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Agreed Claims shall have the meaning set forth in Section 8.6(c).

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Retained Causes of Action means those Causes of Action that shall vest in the Reorganized Debtors on the Effective Date, which, for the avoidance of doubt, shall not include any of the Causes of Action that are settled, released or exculpated under the Plan.

  • Settled Claims means any and all of the claims, debts, demands, rights, actions, causes of action, suits, matters, issues, damages, losses or liabilities whatsoever (including, but not limited to, any claims for interest, attorneys’ fees, expert or consulting fees, and any other costs, expenses or liability whatsoever), whether based on United States or Canadian federal, state, provincial, local, statutory or common law or any other law, rule or regulation, whether fixed or contingent, accrued or unaccrued, liquidated or unliquidated, at law or in equity, matured or unmatured, whether class or individual in nature, including both known claims and Unknown Claims, (i) that have been asserted (or proposed as amendments) in any of the Actions against any of the Released Parties, or (ii) that could have been asserted in any forum by the Class Members or any of them against any of the Released Parties which arise out of or are based upon the allegations, transactions, facts, matters, breaches, occurrences, financial statements, statements, representations or omissions involved, set forth, or referred to in the Actions or in proposed amendments.

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor.

  • Exculpated Claim means any claim related to any act or omission in connection with, relating to or arising out of the Debtors’ in or out-of-court restructuring efforts (including any and all actions associated with exploration and solicitation of financing/refinancing opportunities, sales or similar transactions, restructurings, the Chapter 11 Cases, formulation, preparation, dissemination, negotiation or filing of the Disclosure Statement or the Plan or any contract, instrument, release or other agreement or document created or entered into in connection with the Disclosure Statement or the Plan, the filing of the Chapter 11 Cases, the pursuit of confirmation of the Plan, the administration and implementation of the Plan, the issuance of the Series 2020 Note and the execution of 2020 Bond Documents, or the distribution of property under the Plan or any other related agreement; provided, however, that Exculpated Claims shall not include any act or omission that is determined in a Final Order to have constituted gross negligence, willful misconduct or fraud to the extent imposed by applicable non-bankruptcy law. For the avoidance of doubt, no Cause of Action, obligation or liability expressly established or preserved by the Plan or the Plan Supplement constitutes an Exculpated Claim.

  • Subordinated Claims means the aggregate amount of all claims admitted in the winding up or dissolution of the Issuer which rank, or are expressed to rank, junior to claims in respect of the Senior Non-Preferred Notes or other Senior Non-Preferred Claims, including (without limitation) claims of creditors in respect of the Subordinated Notes, and the obligations of the Issuer which constitute, or would but for any applicable limitation on the amount of such capital constitute, Tier 2 Capital, Additional Tier 1 Capital (including, without limitation, the Issuer’s permanent interest bearing shares (if any)) or CET1 Capital (including the Issuer’s core capital deferred shares (if any)); and

  • Existing Termination Date as defined in Section 2.18.