Conditional Claim definition

Conditional Claim means any Claim of an Affected Creditor that is not a Proven Claim as at the Filing Date because one or more conditions precedent to establish such Affected Creditor's entitlement to payment by the Company had not been completed in accordance with any applicable contractual terms as at the Filing Date, and such Affected Creditor has indicated in its proof of claim that the Claim should be treated as a Conditional Claim;
Sample 1Sample 2Sample 3

Examples of Conditional Claim in a sentence

  • Thanking you, Copy to:…..(Registered Office of the Bank)….For West Bengal State Electricity Distribution Company Limited (AUTHORISED SIGNATORY)FORM OF NOTIFICATION BY THE EMPLOYER TO THE BANK(Applicable for conditional claim pending extension of Bank Guarantee by the Bidder) To: (insert Name and Address of the issuing Bank) Ref..: Conditional Claim against Bank Guarantee No. …… …………… dated ………… for ……………..

  • Thanking you, Copy to:For West Bengal State Electricity Distribution Company Limited (AUTHORISED SIGNATORY)…..(Registered Office of the Bank)….FORM OF NOTIFICATION BY THE EMPLOYER TO THE BANK(Applicable for conditional claim pending extension of Bank Guarantee by the Bidder) To: (insert Name and Address of the issuing Bank) Ref..: Conditional Claim against Bank Guarantee No. …… …………… dated ………… for ……………..

  • Mostafa Tajzadeh and Hossein Salimi, "Nezam ya'ni ma: goftogu ba Mostafa Tajzadeh," in Kalbodshekafi-ye zehniyat-e eslahgarayan (Tehran: Gam-e now, 1384 [2005]).,p115 The emphasis on political ‘reform’ in contradistinction to ‘revolution’ is the product of two factors in particular.

  • The single claim loss payment estimated in our model is Claim Paymentt =Amortized Surviving UPBt * Conditional Claim Ratet * Loss Rate The Amortized Surviving UPBt is the amount of the unpaid balance of the loan after amortization multiplied by the probability that the loan will survive until the beginning of time t.

  • Conditional Claim PaymentIf the Covered Person incurs expenses for Covered Injuries received in a Covered Accident and it is likely a third party may be liable, We will pay benefits if:1.

  • Upon the resolution of each Disputed Claim in accordance with the BIA, or upon final resolution of any Conditional Claim, any funds which have been reserved by the Proposal Trustee to deal with such Disputed Claim or such Conditional Claim, as applicable, but which are not required to be paid to the Affected Creditor shall remain in the Proposal Fund and become available for further Distributions to Affected Creditors in respect of their Proven Claims.

  • Prior to making any Distribution to Affected Creditors pursuant to Section 5.02, the Proposal Trustee shall set aside in the Proposal Fund sufficient funds to pay all Affected Creditors with Disputed Claims or Conditional Claims the amounts such Affected Creditors would be entitled to receive in respect of that particular Distribution pursuant to this Proposal, in each case as if their Disputed Claim or Conditional Claim, as the case may be, had been a Proven Claim at the time of such Distribution.

  • Conditional Claim Payment If the Insured Person incurs expenses for Covered Injuries and in Ouropinion a third party may be liable, the Company will pay benefits if the Insured Person first agrees in writing to refund the lesser of:1.

  • Upon the resolution of each Disputed Claim in accordance with the BIA, or upon final resolution of any Conditional Claim, any funds which have been reserved by the Proposal Trustee to deal with such Disputed Claim or such Conditional Claim, as applicable, but which are not required to be paid to the Affected Creditor shall remain in the Affected Creditor Cash Pool and become available for further Distributions to Affected Creditors in respect of their Proven Claims.

  • Conditional Claims include, but are not limited to, any Claim of an Affected Creditor that is not a Proven Claim as at the Filing Date because one or more conditions precedent to establish such Affected Creditor’s entitlement to payment by the Companies had not been completed in accordance with any applicable contractual terms as at the Filing Date, and such Affected Creditor has indicated in its proof of claim that the Claim should be treated as a Conditional Claim.

Related to Conditional Claim

  • Environmental Claim means any investigation, notice, notice of violation, claim, action, suit, proceeding, demand, abatement order or other order or directive (conditional or otherwise), by any Governmental Authority or any other Person, arising (i) pursuant to or in connection with any actual or alleged violation of any Environmental Law; (ii) in connection with any Hazardous Material or any actual or alleged Hazardous Materials Activity; or (iii) in connection with any actual or alleged damage, injury, threat or harm to health, safety, natural resources or the environment.

  • Professional Claim means an Administrative Claim of a Professional for compensation for services rendered or reimbursement of costs, expenses, or other charges and disbursements incurred relating to services rendered or expenses incurred after the Petition Date and prior to and including the Confirmation Date.

  • Cure Claim means a Claim (unless waived or modified by the applicable counterparty) based upon a Debtor’s defaults under an Executory Contract or an Unexpired Lease assumed by such Debtor under section 365 of the Bankruptcy Code, other than a default that is not required to be cured pursuant to section 365(b)(2) of the Bankruptcy Code.

  • Environmental Claims means any and all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, notices of noncompliance or violation, investigations or proceedings relating in any way to any Environmental Law.

  • Approved Claim means a Claim Form submitted by a Settlement Class Member (defined below) that: (a) is submitted timely and in accordance with the directions on the Claim Form and the provisions of the Settlement Agreement; (b) is fully and truthfully completed by a Settlement Class Member with all of the information requested in the Claim Form; (c) is signed by the Settlement Class Member, physically or electronically; and (d) is approved by the Settlement Administrator pursuant to the provisions of this Agreement.

  • Environmental Notice means any written directive, notice of violation or infraction, or notice respecting any Environmental Claim relating to actual or alleged non-compliance with any Environmental Law or any term or condition of any Environmental Permit.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code or the repudiation of such contract.

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • D&O Claim means any right or claim of any Person against one or more of the Directors and/or Officers howsoever arising on or before the D&O Bar Date, for which the Directors and/or Officers, or any of them, are by statute liable to pay in their capacity as Directors and/or Officers or which are secured by way of any one of the Directors’ Charges;

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Claims Objection Deadline means the later of: (a) the date that is 180 days after the Effective Date; and (b) such other date as may be fixed by the Bankruptcy Court, after notice and hearing, upon a motion Filed before the expiration of the deadline to object to Claims or Interests.

  • Claim Notice has the meaning set forth in Section 8.4(a).

  • Tax Claim has the meaning set forth in Section 6.05.