Claims Amount definition

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 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Agreement) are due from such Vendor pursuant to any Relevant Claim which has not, at the relevant time, either (i) been withdrawn in writing by the Purchaser, or (ii) become a Settled Claim in respect of which such Vendor has paid or otherwise settled in full his liability to the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 aggregate sum of £8,000,000;

Examples of Claims Amount in a sentence

  • Third Party Health Insurance Cost Avoidance Claims Amount by Carrier b.

  • If a Claim Notice has been properly issued by Pledgee, then the rights granted under this Paragraph 7(a) shall be exercisable by Pledgee, rather than Pledgor, with respect to Collateral having a Value equal to the Estimated Claims Amount (the “Claims Pending Collateral”), with Pledgor retaining the rights granted hereunder relating to all other Collateral.

  • Group shall provide all funds necessary to pay the Claims Amount associated with Covered Persons pursuant to this Plan.

  • This Advance Payment is an estimate of the Claims Amount for one (1) month.

  • 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 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).
Claims Amount means the amount of the Claim with respect to each of (i) Xxxxxxx Xxxx Claims, (ii) Jersey Bond Claims, (iii) Pride Bond Claims, (iv) Ensco International Bond Claims and (v) Legacy Xxxxx Xxxx Claims.
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.
Claims Amount has the meaning set forth in Section 11.5(e).
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 means the amount paid (or payable) for Membersclaims under the HRA Plan, in accordance with the Plan of Benefits.
Claims Amount means the aggregate amount of all Claims, Third Party Claims, Primary Creditor Claims and Secondary Creditor Claims (each as hereinafter defined).