Examples of Claim Objection Period in a sentence
In the event that the Responding Party does not object to a Claim within the Claim Objection Period, (A) the Responding Party shall be deemed to have accepted and agreed to the Claim set forth in the Claim Notice and shall be precluded from raising any objection thereto after the Claim Objection Period, and (B) the Claiming Parties right to payment in respect of such Claim (subject to this Article IX) shall be effective as of the day following the expiration of the Claim Objection Period.
In the event that the Responding Party does not object to a Claim within the Claim Objection Period, (A) the Responding Party will be deemed to have accepted and agreed to the Claim set forth in the Claim Notice and (B) the Purchaser Indemnified Persons’ or Seller Indemnified Persons’ right to recovery in respect of such Claim will be effective as of the day following the expiration of the Claim Objection Period.
In the event that the Responding Party does not object to a Claim within the Claim Objection Period, (A) the Responding Party shall be deemed to have accepted and agreed to the Claim set forth in the Claim notice and shall be precluded from raising any objection thereto after the Claim Objection Period, and (B) if applicable, any forfeiture of Escrowed Cash pursuant to Section 10.1(c) shall be effective as of the day following the expiration of the Claim Objection Period.
If a Claim Objection Notice is not so delivered during the Claim Objection Period, the claim set forth in the Notice of Claim shall be final and binding on the parties and Seller (if the Indemnitee is a Seller Indemnified Person) or Purchaser (if the Indemnitee is a Purchaser Indemnified Person) shall pay, by wire transfer of immediately available funds to such account as is specified by the Indemnitee, the full amount thereof within three (3) Business Days following the end of the Claim Objection Period.
In respect of any optional redemption provided for above, if less than all of the Bonds shall be called for redemption, the particular Bonds or portions of Bonds to be redeemed shall be selected by the Trustee by lot, provided, however, that Pledged Bonds, if any, shall be called for redemption, in the same manner, prior to any other Bonds.
Letter from the DirectorThe Hillsborough County Water Resources department is proud to report that, once again in 2020, the high-quality drinking water we provide to our Hillsborough County customers has met health and safety requirements.
In the event that the Insider Claim Objection Period Expires without a written objection to an Insider General Unsecured Claim being Filed, then such Insider General Unsecured Claim shall be deemed Allowed and shall receive the treatment set forth in Article III.C.8.No portion of the Litigation Trust Payment shall be subject to distribution and/or allocation to the Reorganized Debtors pursuant to Article IV.R.12.
If the Claim Recipient does not deliver a Claim Dispute Notice to the Claimant prior to the expiration of the Claim Objection Period, then each claim for indemnification set forth in such Claim Certificate shall be deemed to have been conclusively determined in Claimant’s favor for purposes of this Article 7 on the terms set forth in the Claim Certificate.
If the Indemnifying Party does not notify the Indemnified Party within the Claim Objection Period in respect of a Direct Claim that the Indemnifying Party disputes its liability to the Indemnified Party hereunder, such Direct Claim specified by the Indemnified Party in such Claim Notice shall be conclusively deemed a liability of the Indemnifying Party hereunder and the Indemnifying Party shall pay the amount of such liability to the Indemnified Party on demand.
In the event that the Responding Party does not object to a Claim within the Claim Objection Period, (A) the Responding Party will be deemed to have accepted and agreed to the Claim set forth in the Claim Noticeand will be precluded from raising any objection thereto after the Claim Objection Period, and (B) the Claiming Party’s right to recovery in respect of such Claim will be as provided pursuant to Section 7.7 and will be effective as of the day following the expiration of the Claim Objection Period.