Continuing Claims definition

Continuing Claims means those claims set out in Section I of Schedule “D” of this Agreement.
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Continuing Claims means all suits, claims, actions, arbitrations, inquiries, proceedings or investigations by or before any court, arbitral tribunal, administrative agency or commission or other governmental, regulatory or administrative agency or commission against Seller or any of the Acquired Subsidiaries that arise from facts or events occurring prior to the Closing Date relating to bodily injury, property damage or worker's compensation and that would fall under Seller's automobile, general liability, or worker's compensation coverage.
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Continuing Claims has the meaning set forth in Section 6.9(a).
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Examples of Continuing Claims in a sentence

  • Adverse or causal conditions will be rectified, Policies and procedures will be updated, and briefings or training will be given to affected staff.

  • As soon as the Continuing Claims are resolved62 pursuant to the procedures set forth in this Article VIII, Buyer shall direct the Escrow Agent to release any associated Retained Amount held by the Escrow Agent pursuant to the terms of the Escrow Agreement to Seller.

  • Initial Claims (IC) are reported the following Thursday and Continuing Claims a week later.

  • Based on their experience – and external research – the team proposed a set of relationships between these major elements that could generate the historical behavior experienced by the claims area.The workflow sector focuses on Claims: Pending (including Pending & Active), and Continuing Claims.

  • How factors might vary:• Length of premium guarantee remaining: Longer period has larger factor• Individually written vs other: Individually written has lower factors Continuing Claims Risk RequirementThe continuing claims component covers the risk of claims continuance arising from coverage provided in prior years.Measure of Exposure = Disability income reserves related to claims of prior years.How factors might vary:• Duration of disability.

  • Sellers’ Representative shall continue to hold such amounts to support the Sellers’ indemnification obligations with respect to such Continuing Claims until the final resolution thereof in accordance with the terms of this Agreement.

  • Fees and surcharges are refunded.• Cancellation Request: Must be received during the policy year.• Required Documentation: Copy of FEMA’s LODR, and a signed statement from the insured that flood insurance is not required by the lender.

  • In these instances, a demonstration excluding an exposure route shall be submitted to the Agency for review and approval.

  • It argues that “Lockheed Martin’s claims for impacts associated with aircraft P-15 to P-27 – which were inducted after 15 October 2012 and within six years of Lockheed Martin’s 15 October 2018 claim – are timely under the Continuing Claims Doctrine” (id.

  • The factor applied to the measure of exposure is as follows: Percentage of Annual Earned Premiums7Length of Premium Guarantee Remaining Continuing Claims Risk The unpaid claims component covers the risk of claims continuance arising from coverage provided in prior years.


More Definitions of Continuing Claims

Continuing Claims means Claims, or any portion thereof, for indemnification properly asserted pursuant to ARTICLE X prior to the Final Distribution Date that have not been resolved as of the Final Distribution Date.
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Continuing Claims means all Actions against the Company or any member of the Company Group that arise from facts or events occurring prior to the Time of Distribution relating to bodily injury, property damage or worker's compensation and that would fall under the Company's automobile, general liability, or worker's compensation coverage.
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Continuing Claims means all claims, actions, suits or proceedings, at law or in equity, including, without limitation, any arbitration, against the Company that arise from facts or events occurring prior to Closing relating to bodily injury or property damage or workers compensation, and that would fall under insurance policies providing coverage to the Company (including any self-retention) available for such claims.
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Related to Continuing Claims

  • Pending Claims shall have the meaning set forth in Section 7.1(e).

  • Section 510(b) Claims means any Claim against a Debtor arising from rescission of a purchase or sale of an equity security of the Debtors or an Affiliate of the Debtors for damages arising from the purchase or sale of such an equity security or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • Continuing Obligations means obligations or responsibilities that are reasonably expected to or actually continue or arise after Operations on a particular area of the Properties have ceased or are suspended, such as future monitoring, stabilization, or Environmental Compliance.

  • Pending Claim has the meaning set forth in Section 9.6 hereof.

  • Deficiency Claim Date means, with respect to any Distribution Date, the fourth Business Day immediately preceding such Distribution Date.

  • Subordinated Claims means the aggregate amount of all claims admitted in the winding up or dissolution of the Issuer which rank, or are expressed to rank, junior to claims in respect of the Senior Non-Preferred Notes or other Senior Non-Preferred Claims, including (without limitation) (i) claims of creditors in respect of the Subordinated Notes and (ii) the obligations of the Issuer which constitute, or would but for any applicable limitation on the amount of such capital constitute, Tier 2 Capital, Additional Tier 1 Capital or CET1 Capital, including, for the avoidance of doubt, all claims in respect of Deferred Shares.

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor or an Affiliate of a Debtor or any Claim held by an Affiliate of a Debtor against a Debtor.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Senior Claims means, (a) with respect to the RBL Priority Collateral, each of the First-Priority Lien Obligations secured by such Collateral and, (b) with respect to the Term/Notes Priority Collateral, each of the Second-Priority Lien Obligations secured by such Collateral.

  • Discharge of Senior Lender Claims means, except to the extent otherwise provided in Section 5.7 below, payment in full in cash (except for contingent indemnities and cost and reimbursement obligations to the extent no claim has been made) of (a) all Obligations in respect of all outstanding Senior Lender Claims and, with respect to letters of credit or letter of credit guaranties outstanding thereunder, delivery of cash collateral or backstop letters of credit in respect thereof in compliance with the Credit Agreement, in each case after or concurrently with the termination of all commitments to extend credit thereunder and (b) any other Senior Lender Claims that are due and payable or otherwise accrued and owing at or prior to the time such principal and interest are paid; provided that the Discharge of Senior Lender Claims shall not be deemed to have occurred if such payments are made with the proceeds of other Senior Lender Claims that constitute an exchange or replacement for or a refinancing of such Obligations or Senior Lender Claims. In the event the Senior Lender Claims are modified and the Obligations are paid over time or otherwise modified pursuant to Section 1129 of the Bankruptcy Code, the Senior Lender Claims shall be deemed to be discharged when the final payment is made, in cash, in respect of such indebtedness and any obligations pursuant to such new indebtedness shall have been satisfied.

  • Related Claims means all Claims for Wrongful Acts based upon, arising out of, resulting from, or in any way involving the same or related facts, circumstances, situations, transactions or events or the same or related series of facts, circumstances situations, transactions or events, whether related logically, causally or in any other way.

  • Prior Claims means the Competing Claims to which the Authority’s right to the Building Aid is subordinated by the School Financing Act.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Unresolved Claims shall have the meaning set forth in Section 9.6(b).

  • Continuing care means some or all of the following services:

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Discharge of Senior Obligations means the date on which the Discharge of Credit Agreement Obligations and the Discharge of each Additional Senior Debt Facility has occurred.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Continuing care contract means, as stated in RCW 70.38.025, a contract providing a person, for the duration of that person's life or for a term in excess of one year, shelter along with nursing, medical, health-related, or personal care services, which is conditioned upon the transfer of property, the payment of an entrance fee to the provider of such ser- vices, or the payment of periodic charges for the care and ser- vices involved. A continuing care contract is not excluded from this definition because the contract is mutually termina- ble or because shelter and services are not provided at the same location.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Section 510(b) Claim means any Claim against the Debtors arising from rescission of a purchase or sale of a security of the Debtors or an Affiliate of the Debtors, for damages arising from the purchase or sale of such a security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • Existing Liens means Liens on the property or assets of the Company and/or any of its Subsidiaries existing on the date of this Indenture securing Indebtedness of the Company or any of its Subsidiaries (other than Liens incurred pursuant to clause (1) of Section 4.07 hereof).

  • Continuing Contract means a contract for Professional Services entered into in accordance with Section 287.055 of the Florida Statutes, between the District and a firm, whereby the firm provides Professional Services to the District for projects in which the costs do not exceed two million dollars ($2,000,000), for a study activity when the fee for such Professional Services to the District does not exceed two hundred thousand dollars ($200,000), or for work of a specified nature as outlined in the contract with the District, with no time limitation except that the contract must provide a termination clause (for example, a contract for general District engineering services). Firms providing Professional Services under Continuing Contracts shall not be required to bid against one another.

  • Excluded Claims means (a) a party’s breach of its obligations in Section 5 (Confidential Information) (but excluding obligations and/or claims relating to Customer Data); (b) either party’s express obligations under Section 11 (Indemnification); and (c) liability which, by law, cannot be limited.