Derivative Claim definition

Derivative Claim means a claim made by an eligible member of a company or other body corporate for a remedy where the company or other body corporate is alleged to be entitled to that remedy, “eligible member” having the meaning given in section 282(3) of the Companies Regulations.
Derivative Claim means a claim (as defined in section 101(5) of the Bankruptcy Code) or cause of action that is the property of any of the Debtors’ Estates pursuant to section 541 of the Bankruptcy Code.
Derivative Claim means a claim that derives from the Claim alleged by the Person whose gallbladder was injured.

Examples of Derivative Claim in a sentence

  • The Notice of Deficiency will be sent no later than forty-five (45) days from the date of receipt of the Claim Package or Derivative Claim Package by the Claims Administrator.

  • Within that time period, the Settlement Class Member will have the opportunity to cure all Deficiencies and provide any requested additional information or documentation, except that the failure to submit timely a Claim Package or Derivative Claim Package in accordance with the terms of this Settlement Agreement cannot be cured other than upon a showing of substantial hardship as set forth in Section 8.3(a)(i).

  • For rejected Claim Packages or Derivative Claim Packages, the Claims Administrator will send a Notice of Deficiency to the Settlement Class Member, which Notice will contain a brief explanation of the Deficiency(ies) giving rise to rejection of the Claim Package or Derivative Claim Package, and will, where necessary, request additional information and/or documentation.

  • Based upon its review of the Derivative Claim Package, and the results of any investigations of the Derivative Claimant’s claim, the Claims Administrator will determine whether a Derivative Claimant qualifies for a Derivative Claimant Award, as set forth in Section 7.3.

  • Any Claim arising out of the rejection of an executory contract or unexpired lease pursuant to the Plan shall be classified as a General Unsecured Claim or Derivative Claim, as applicable, against the Debtor that is a party to such executory contract or unexpired lease.


More Definitions of Derivative Claim

Derivative Claim means a claim of a Person other than the Person who allegedly used NuvaRing, which claim derives from the Claim alleged by the Person who allegedly used NuvaRing.
Derivative Claim means a claim or cause of action that is property of any of the Debtors' Estates pursuant to section 541 of the Bankruptcy Code.
Derivative Claim means a claim (as defined in section 101(5) of the Bankruptcy Code) or cause of action against any Released Party that is the property of any of the Debtors’ Estates pursuant to section 541 of the Bankruptcy Code, including, without limitation, those claims and causes of action asserted in Staehr v. Burns et al., Civil Action No. 3:06-cv-07069-JGC, N.D. Ohio (2006) and Casden v. Burns et al., Civil Action No. 3:06-cv-07068-JGC, N.D. Ohio (2006).
Derivative Claim means a claim that is property of any of the Debtors' Estates pursuant to section 541 of the Bankruptcy Code and any state or federal fraudulent conveyance, fraudulent transfer, preference, avoidance and other similar claims and causes of action for the benefit of creditors that the Debtors are authorized to pursue in accordance with the Bankruptcy Code and other applicable law.
Derivative Claim means a claim for bodily injury asserted by a person who was not physically injured in an occurrence and was not exposed to an unreasonable risk of physical injury in that occurrence by direct contact with your aircraft.
Derivative Claim means a Proceeding by or in the right of the Corporation to procure a judgment in its favor.
Derivative Claim has the meaning set out in Section 2.1(c)(i);