Claims Amount means, in relation to each Vendor, such amount, at the relevant time, as is equal to the aggregate of all amounts which the Purchaser has claimed (by way of notification of such claim by the Purchaser to such Vendor in accordance with paragraphs 2.1 to 2.5 of Schedule 6 to this Agreement) are due from such Vendor pursuant to any Relevant Claim which has not, at the relevant time, either (i) been withdrawn in writing by the Purchaser, or (ii) become a Settled Claim in respect of which such Vendor has paid or otherwise settled in full his liability to the Purchaser under this Agreement;

Claims Amount means the Escrow Amount together with interest which accrues thereon or so much thereof as remains subject to the provisions of this agreement from time to time and to the extent standing to the credit of the Escrow Account;

Claims Amount shall be mean an amount equal to (x) the amount expressly accrued in the final determination of Closing Date Net Working Capital for all public liability claims that are incurred prior to Closing (which, for the avoidance of doubt, includes all claims set forth on Schedule 3.10 under the heading “Litigation - Insured”) and all Pre-Closing Workers Compensation Claims, plus (y) five million dollars ($5,000,000).

Examples of Claims Amount in a sentence

Claims Amount: the amount paid (or payable) for Members’ claims (including fees such as Access Fees, AEA Fees and amounts paid as part of a VBP or in settlement of claims or in satisfaction of a judgment).
Third Party Health Insurance Cost Avoidance Claims Amount by Carrier b.
This Advance Payment is an estimate of the Claims Amount for one (1) month.
The Advance Payment amount may be adjusted each Plan Term if the average of monthly Claims Amount increases or decreases.
If coverage is retroactively terminated for an individual, Group shall remain responsible for the Claims Amount associated with any Plan Benefits provided to that individual pursuant to the Benefit Authorization issued by VSP in reliance on the latest eligibility information available to VSP at the time of such Benefit Authorization.

More Definitions of Claims Amount

Claims Amount means the aggregate sum of £8,000,000;

Claims Amount means the amount of the Claim with respect to each of (i) Vxxxxxx Xxxx Claims, (ii) Jersey Bond Claims, (iii) Pride Bond Claims, (iv) Ensco International Bond Claims and (v) Legacy Rxxxx Xxxx Claims.

Claims Amount means the amounts to which an Approved Claimant is entitled following the application of all reductions according to the terms of this Settlement Agreement.

Claims Amount means the amount available to satisfy Class Member claims under the Distribution Protocol (in the form of Schedule D hereto) after Administration Expenses and Class Counsel Fees and Disbursements have been paid from the Total Settlement Maximum. This represents the maximum available funds for the Consumer Cash Payments and the Consumer Credit Payments combined (as these terms are defined below).

Claims Amount has the meaning set forth in Section 11.5(e).

Claims Amount means, in the event that Buyer is entitled to indemnification by Seller hereunder and has made a claim against Seller within the Holdback Period, as defined below, for such indemnification, the portion of the Escrow Deposit, as defined below, necessary to satisfy all of such indemnification obligations of Seller.