Contingent Claim definition

Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.
Contingent Claim means any contingent or unliquidated Claim asserted or which may be asserted against the Debtors.
Contingent Claim means any Claim against SIHNV which can be subject to the SoP in accordance with Section 232 DBA, other than:

Examples of Contingent Claim in a sentence

  • Nothing herein shall be deemed to prevent an Indemnified Party from making a claim hereunder for potential or contingent claims or demands (a “Contingent Claim”); provided, that the Claim Notice sets forth the specific basis for any such Contingent Claim to the extent then feasible and the Indemnified Party has reasonable grounds to believe that such a claim may be made.


More Definitions of Contingent Claim

Contingent Claim means a Claim that has accrued but nonetheless remains dependent on the occurrence of a future event that may never occur.
Contingent Claim means any 113 Claim that is subject to conditions or otherwise contingent to the extent that its validity is subject to events that have not yet occurred.
Contingent Claim means a Claim whose existence, or alleged liability of one or more of the Debtors thereon, is dependent on an event that has not occurred or may never occur.
Contingent Claim means any Claim for which a proof of claim has been filed with the Bankruptcy Court (a) which was not filed in a sum certain, or which has not accrued and is dependent upon a future event that has not occurred or may never occur, and (b) which has not been Allowed.
Contingent Claim means any Claim which has not been finally allowed as of the Confirmation Date, including, without limitation, any Claims which may be asserted as the result of the rejection of an executory contract or unexpired lease under Section 7.1 of this Plan.
Contingent Claim means any Claim that has not matured and is dependent upon an event that has not occurred or may never occur.
Contingent Claim has the meaning given to it in paragraph 4.2 of Schedule 4;