Agreed Claim definition

Agreed Claim shall have the meaning set forth in Section 11.5.

Agreed Claim has the meaning ascribed to it in Clause 10.6.

Agreed Claim has the meaning set forth in Section 7.2(i).

Examples of Agreed Claim in a sentence

• Within five (5) Business Days of the determination of the amount of any Agreed Claim, subject to the limitations set forth herein, the Indemnifying Party shall pay to the Indemnified Party an amount equal to the Agreed Claim by wire transfer of immediately available funds to the bank account or accounts designated by the Indemnified Party.

• Within 10 (ten) days of any amounts being deemed or determined as Agreed Claims, the Company and/or the Promoter must pay to the Indemnified Persons an amount equal to the Agreed Claim by wire transfer, in immediately available funds, to the bank account designated by the Indemnified Persons.

• For the avoidance of doubt, the transfer of an Agreed Claim to a Non-Signatory shall not have the effect of making such a person a Signatory.

• Nothing in this Agreement shall restrict any Signatory from Transferring an Agreed Claim to another person (whether Signatory or Non-Signatory) where such Transfer is made in accordance with the transfer provisions agreed between the Company and the relevant Signatory in relation to such Agreed Claim.

• RELEASES TO THE PURCHASER PRIOR TO THE FINAL RELEASE DATE At any time prior to the Final Release Date, if a Relevant Claim becomes a Substantiated Claim, the Purchaser and the Seller shall instruct the Escrow Agents to release to the Purchaser an amount equal to the lesser of the Agreed Claim Amount in respect of the Substantiated Claim and the amount standing to the credit of the Escrow Account.

More Definitions of Agreed Claim

Agreed Claim a Notified Claim which has been settled between the Vendors and the Purchaser either by written agreement between them or pursuant to the determination of an arbitrator in accordance with this Agreement;

Agreed Claim means a Claim, the amount of which is liquidated in amount and has either been agreed to by the Bank or otherwise been determined by the Supervisor in accordance with the provisions of the Restructuring Plan;

Agreed Claim means a Claim to the extent that it has been: (a)agreed by the Vendors’ Representatives to be payable by any of the Warrantors; or (b)the subject of an award or judgment in favour of the Purchaser by a Court or tribunal of competent jurisdiction from which there is no appeal or from which no appeal has been lodged within the period permitted for any appeal.

Agreed Claim means a Scheme Claim: i. agreed in advance of the Effective Date and listed as such in Appendix 10; or

Agreed Claim the amount determined as being due from the Company in respect of an Arrangement Claim from time to time in accordance with the Policies and in respect of which the Arrangement Creditor will receive a payment from the Company representing the current Payment Percentage;

Agreed Claim means a Claim (as defined in this Schedule 7) in respect of which it has been finally determined by a court of competent jurisdiction from which there is no appeal or from whose judgment the `A' Shareholders or the Purchaser (as the case may be) do or does not appeal within in any applicable time limit or in respect of which it has been agreed between the parties that the `A' Shareholders have a liability;

Agreed Claim has the meaning as defined in the Stock Purchase Agreement;