Contingent Claims definition

Contingent Claims means, as the context may require, a Claim that may or may not become due and payable during the Proceedings depending on the occurrence of a future event or determination of the claim;

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Contingent Claims means those claims or liabilities that the BRP has received or become aware but which have not been determined or admitted by the BRP as a Claim;

Contingent Claims means any claim which the Monitor has marked as Contingent for the purpose of voting in the Plan.

Examples of Contingent Claims in a sentence

The Company and Parent shall establish a Contingent Claims Committee, comprising one representative designated from time to time by each of Parent and the Company, which Committee shall establish procedures to resolve disagreements among the parties as to contingent gains and contingent liabilities.
The parties will share any benefit that may be received from any contingent gain other than any Exclusive Contingent Gain (a "Shared Contingent Gain") equally between the Company and the Parent, or on such other methodology to be established by the Contingent Claims Committee.
With respect to any Shared Contingent Liability, the responsibility therefor shall be allocated one-half to each of the Company and the Parent, or on such other methodology to be established by the Contingent Claims Committee.
With respect to any Shared Contingent Liability, the Company and Parent shall allocate responsibility therefor based upon their respective market capitalizations (reduced in the case of Parent to reflect Company Common Stock held by Parent) on the Offerings Closing Date or on such other methodology to be established by the Contingent Claims Committee.
Section 3.1 No Contingent Claims There are no actions, suits, proceedings or investigations pending or threatened against or affecting Purchaser, in law or in equity, in any court, or before any agency, that, if successful, would prevent Purchaser from performing Purchaser's obligations under this Agreement.

More Definitions of Contingent Claims

Contingent Claims or "Unliquidated Claims" means the Claims (i) listed as contingent or unliquidated, respectively, in the Schedules, as such may be amended, supplemented or otherwise modified from time to time in a filing with the Bankruptcy Court in accordance with applicable Bankruptcy Rules or (ii) otherwise filed as contingent or unliquidated, respectively, in a proof of claim timely filed with the clerk of the Bankruptcy Court.

Contingent Claims means Contingent Claims (as defined in the Plan) against the Consolidated Debtors and their successors in interest.

Contingent Claims means any potential Claim that a company may have against any person prior to the Effective Date which may not be disclosed or reflected as part of its Assets on its books or records;

Contingent Claims means a Claim which is either contingent or unliquidated on or immediately before the Confirmation Date.

Contingent Claims means any taxes, claims and expenses (including the costs and expenses of any third party advisors appointed in relation to the Contingent Claims, if required by the judgment in good faith of the general partner or trustee of the funds (in which TIH has a Participation Interest) that have invested in the businesses giving rise to the Contingent Claims, with the consent of TIH, such consent not to be unreasonably withheld) which may be incurred by TIH in relation to certain investments made by TIH, provisions ("Provisions for Contingent Claims") for which have been made by TIH as follows:

Contingent Claims means a claim or demand upon which:

Contingent Claims means those Claims, which may arise against The Company in respect of a liability which is dependent upon on a contingent event, which event has not arisen prior to the Publication Date;