Examples of Claim Cap in a sentence
Therefore, the amount of Convenience Claims, which is subject to the Convenience Claim Cap Amount, ultimately Allowed against the Debtors may be greater than the amount set forth herein.
Guidance from county health officials and any property-specific interaction with health officials 5 Any property with a Tier 1 Standard Claim Cap that exceeds $150,000 must comply with application requirements for Tier II in order to receive funding under Tier 1.should be noted, as should statistics on infection rates in the surrounding community.
Claim Cap Level: To reduce the potential variability of the risk assessment, DHS will develop the risk scores and total cost of care per-member-per-month (PMPM) by removing the claim costs for individual members that fall above specific thresholds.
April 4, 2003).3 Landlords Use Letters of Credit to Bypass the Claim Cap of §§ 502(b)(6), 20 Am. Bankr.
To secure post-closing obligations under the Agreement (and any of the documents executed by Seller and delivered at Closing), at Closing, Seller shall deposit funds in an amount equal to the Claim Cap ($5,000,000), with Escrow Agent, to be held pursuant to an Escrow Holdback Agreement for the Survival Period (6 months).
Fences and walls may be erected in compliance with the requirements set forth in Section XXXVIII of the Zoning Resolution.
Under the treatment proposed in the Joint Plan, each Holder of an Allowed Convenience Claim in PR Class 4 shall receive, in full and final satisfaction, settlement, release and discharge of its Convenience Claim, Cash in the full Allowed amount of such Holder’s Convenience Claim, unless the aggregate amount of Allowed Convenience Claims exceeds $500,000, in which case each Holder of an Allowed Convenience Claim shall receive its pro rata share of the Convenience Claim Cap.
Developer further agrees that, following the Closing, no claim may or shall be made for any alleged breach of any representations or warranties made by City under or relating to this Agreement unless the total amount of such claim or claims exceeds Twenty Five Thousand Dollars ($25,000.00) (in which event the full amount of such valid claims against City shall be actionable up to, but not in excess of, the Claim Cap).
InfoTech has obtained insurance cover in respect of its own legal liability for individual claims not exceeding£500,000.00 per claim ( Claim Cap Amount).
InfoTech’s total liability to the Customer in respect of all other losses arising under or in connection with the Contract, whether in contract, tort (including negligence), breach of statutory duty, or otherwise in relation to the goods or services supplied under the Contract, shall in no circumstances exceed the Claim Cap Amount per claim.