Counterclaim definition

Counterclaim means a claim asserted in a pleading filed with the Board in an arbitration proceeding pursuant to this clause which arises from the same occurrence or transaction that is the subject matter of the opposing party’s claim. Counterclaims do not need to be submitted to the Subcontract Administrator for decision.

Counterclaim has the meaning set forth in Section 12.1(b).

Counterclaim shall have the meaning ascribed to it by the Chancery Court of the State of Delaware (the “Delaware Court”).

Examples of Counterclaim in a sentence

• The customer advice issued by the ATM upon acceptance of deposit is not binding upon us and our determination of the amount deposited shall be conclusive against and binding on you.3.3 No Set-Off or Counterclaim.

• If any party elects first to pursue Mediation, and if it appears to the Corporate Secretary that the dispute falls within the jurisdiction of the Mediation Committee, as set forth in Exhibit 5-A hereto, then the Corporate Secretary will promptly furnish the Mediation Committee with copies of the Complaint, Answer, Counterclaim and Reply to Counterclaim, and other documents referenced in Paragraph 1, above.

• Within ten (10) days after receipt of any Counterclaim, the complaining party (or parties) shall serve on BCBSA and on the responding party (or parties) and on the Chairman of the Mediation Committee, a Reply to the Counterclaim.

• In the event the parties are unable to agree upon the selection or number of mediators, both within five (5) days of the service of the Answer or Reply to Counterclaim, whichever is later, the BCBSA Corporate Secretary shall immediately refer the matter to a nationally recognized professional ADR organization (such as CPR or JAMS) for mediation by a single mediator to be selected by the ADR organization.

• If all parties agree to pursue Mediation, they shall promptly attempt to agree upon: (i) the number of mediators desired, not to exceed three mediators; and (ii) the selection of experienced mediator(s) from an independent entity to mediate all disputes set forth in the Complaint and Answer (and Counterclaim and Reply, if any).

More Definitions of Counterclaim

Counterclaim means any claim brought against the Insured in the Dispute or any related proceedings.

Counterclaim means a claim in a proceeding by a defendant against a plaintiff and includes a set-off;

Counterclaim means a claim set up and urged by the defendant in opposition to or reduction of the claim presented by the plaintiff.

Counterclaim means, in proceedings against a State authority, a counterclaim made by that authority for compensation or damages where the matter in relation to which that counterclaim is made does not stand delegated to the Agency by virtue of an order under section 9(1) of the Act of 2000;

Counterclaim means the Counterclaim referred to in Rule 27.

Counterclaim means any claim or defence by way of set-off submitted by the Respondent

Counterclaim is defined in Section 12.l(b).