Disputed Sums definition
Disputed Sums means in the case of each Ground Lease Property (each a “Disputed Sum GL Property”) for which a Clean Ground Lessor Estoppel Certificate is delivered that is otherwise acceptable but which identifies a dispute that Mezzanine Lender reasonably determines can be cured by payment to the Fee Owner of a liquidated sum (each a “Disputed Sum GL Estoppel”), the liquidated sums, collectively.
Disputed Sums means that part of a sum of money which has been invoiced by the Affiliate to the Company which the Company claims, on bona fide grounds, it is not liable to pay, and in respect of which the Company has given the Affiliate a notice in accordance with Clause 10.6. Event of Force Majeure means a serious event or occurrence which materially and substantially effects either Party's ability to perform its obligations under this Agreement being an event or occurrence which is beyond the reasonable control of the affected Party not being an event which is either: (1) attributable to or contributed to by the deliberate act, omission or negligence of the Party relying on the Event of Force Majeure; and/or (2) to minimise and mitigate the effect of the event or occurrence (including where agreed the implementation of a disaster recovery or business interruption plan, protocol or procedure). Subject to the foregoing the following events or occurrences are examples of Events of Force Majeure: acts of God, natural disturbances (i.e. an earthquake, serious weather conditions, naturally occurring floods or fires), war, civil unrest or commotion, industrial action. For the avoidance of doubt industrial action which solely affect the workforce of the Party relying on the Event of Force Majeure shall not by themselves be considered Events of Force Majeure. COSL means the Credit Ombudsman Service Limited and any body which may supersede it OAIC means the Office of the Australian Information Commissioner Office or any body which may supersede it. Iframe means the source computer coding supplied to Affiliates by the Company for integration onto the Affiliate's website for the purpose of Lender means any creditor on the Company's panel of lenders with which the Company enters into an agreement for the purpose of introducing Customers to that creditor in respect of Loans. Loan means any financial agreement offered or entered into by a Customer with a Lender.
Disputed Sums means that part of a sum of money which has been invoiced by the Affiliate to the Company, which the Company claims, on bona fide grounds, it is not liable to pay, and in respect of which the Company has given the Affiliate a notice in accordance with clause 11.6. Event of Force Majeure means a serious event or occurrence which materially and substantially effects either Party's ability to perform its obligations under this Agreement being an event or occurrence which is beyond the reasonable control of the affected Party not being an event which is either: (1) attributable to or contributed to by the deliberate act, omission or negligence of the Party relying on the Event of Force Majeure; and/or (2) to minimise and mitigate the effect of the event or occurrence (including where agreed the implementation of a disaster recovery or business interruption plan, protocol or procedure). Subject to the foregoing the following events or occurrences are examples of Events of Force Majeure: acts of God, natural disturbances (i.e. an earthquake, serious weather conditions, naturally occurring floods or fires), war, civil unrest or commotion, official national strikes or official national labour disputes as defined in the Trade Union and Labour Relations Act 1992. For the avoidance of doubt strikes or labour disputes which solely affect the workforce of the Party relying on the Event of Force Majeure shall not by themselves be considered Events of Force Majeure. FCA means Financial Conduct Authority in the United Kingdom and anybody which supersedes it. FOS means the Financial Ombudsman Service in the United Kingdom and anybody which may supersede it. ICO means the Information Commissioner's Office and anybody, which may supersede it.
Examples of Disputed Sums in a sentence
If Lessee exercises its right to appeal, challenge, or seek modification of the Disputed Sums and a bond or deposit is required to be tendered to prosecute the appeal, then ▇▇▇▇▇▇ shall also bdie solely responsible to providing such bond or deposit.
More Definitions of Disputed Sums
Disputed Sums means that part of a sum of money which has been invoiced by the Affiliate to the Company, which the Company claims, on bona fide grounds, it is not liable to pay, and in respect of which the Company has given the Affiliate a notice in accordance with clause 11.6.