De Minimis Claim definition

De Minimis Claim has the meaning set forth in Section 7.4(a).

De Minimis Claim is defined in Section 8.3(a).

De Minimis Claim has the meaning set forth in Section 8.2(b)(i).

Examples of De Minimis Claim in a sentence

• No De Minimis Claim relating to breaches of representations and warranties shall be aggregated for purposes of either (x) determining whether the Purchaser Basket has been met or (y) composing the portion of Damages that exceeds the Purchaser Basket, unless such De Minimis Claim constitutes or is part of a series of two or more related claims, in which case, such De Minimis Claims shall be aggregated for purposes of determining whether the $10,000 threshold has been exceeded.

• Treatment of De Minimis ClaimsNotwithstanding any other provision of this Plan, no holder of an Accepted Claim that is less than $10 (a “ De Minimis Claim”) shall be entitled to or receive any distributions pursuant to the Plan in respect of such De Minimis Claim, and all such De Minimis Claims shall be fully, finally, irrevocably and forever compromised, released, discharged, cancelled and barred, and shall be treated as such in the calculation of any Pro Rata Share under this Plan.

• The De Minimis Claim of Burlington Northern & Santa Fee Railway in the amount of $75.00.

• Where the liability agreed or determined exceeds the De Minimis Claim Amount, subject as otherwise provided in this deed, the Management Warrantors shall be liable for the full amount of the Claims or series of Claims and not just the excess.

• Each holder of an Allowed De Minimis Claim will be paid in full in cash on the later of (i) the Effective Date and (ii) the date such Claim becomes an Allowed De Minimis Claim.

More Definitions of De Minimis Claim

De Minimis Claim shall have the meaning set forth in Section 8.4(b).

De Minimis Claim has the meaning set forth in Section 11.3(a).

De Minimis Claim shall have the meaning specified in Section 8.04(a).

De Minimis Claim means any Third Party Claim for which the Liability associated therewith is less than $25,000.

De Minimis Claim shall have the meaning set forth in Section 9.1.

De Minimis Claim means any Claim in an amount equal to or less than

De Minimis Claim means any creditor that would receive a distribution of $25.00 or less. The Debtor estimates that Class 4 and 5 creditors with Allowed Claims of $834 or less, and 503(b)(9) claimants with Allowed claims in total that are less than $30.00 will be Class 6 Claimants.