Estimated Claim definition

Estimated Claim means any Disputed Claim which is estimated in accordance with

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Estimated Claim means a Claim, the allowed amount of which has been --------------- or is to be estimated by the Court under section 502(c) of the Code.

Estimated Claim means a Claim in the amount estimated by the Court under the authority of this Plan or Section 502(c) of the Bankruptcy Code.

Examples of Estimated Claim in a sentence

Upon receipt of any Claim Notice, the Escrow Agent shall promptly make entries or notations in the account records relating to the Escrow Funds, indicating that Escrow Funds, in the amount of the Estimated Claim Amount are reserved to satisfy such Claim, and identifying the date and number of such Claim Notice (“Escrow Notation”).
Upon receipt of any Claim Notice, Escrow Agent shall promptly make entries or notations in the account records relating to the Escrow Funds, indicating that funds in the amount of the Estimated Claim Amount are reserved to satisfy such Claim, and identifying the date and number of such Claim Notice.
Delivery of notices of Estimated Reserve Amounts and delivery of Joint Written Direction and the amounts of any Estimated Claim Amount or payment to Purchaser or Sellers in accordance with the terms of this Agreement shall be recorded in the internal account records maintained by Escrow Agent relating to the Escrow Account.
Notwithstanding the provision of paragraph 3(a) and subject to the provisions of paragraph 3(c), once a Notice of Claim has been served an amount equal to the Estimated Claim Amount shall be deducted from the Retained Amount and retained in the Escrow Account until such time as all Claims asserted prior to the Escrow Payment Date have been determined by a court of competent jurisdiction or settled by agreement of the parties.
Escrow Agent shall have no liability or responsibility to question or determine the accuracy or reasonableness of any Estimated Claim Amount.
In the event that Sellers Representative does not notify the Escrow Agent and ACE*COMM with a Claim Response within ninety (90) days of the receipt by Sellers Representative of a Claim Notice, the Escrow Agent shall return from the Escrow Shares the Estimated Claim Amount for the Claim to ACE*COMM.
The Escrow Agent shall have no liability or responsibility to question or determine the accuracy or reasonableness of any Estimated Claim Amount.
To the extent that the amount of the Estimated Claim Amount exceeds the Escrow Funds and value of the Escrow Shares available for reduction therefor, no Escrow Funds or Escrow Shares shall be released to the Macrospace Shareholders on the Release Date.
Upon receipt of any Claim Notice, Escrow Agent shall promptly make entries or notations in the account records relating to the Escrow Fund, indicating that funds in the amount of the Estimated Claim Amount are reserved to satisfy such Claim, and identifying the date and number of such Claim Notice.
In the event of any Claim which the Representative shall, on the Release Date, be disputing pursuant to Section 15.2(c), Flextronics may reduce the number of Hold-Back Shares to be issued to the Lightning Texas Members on the Release Date by the Estimated Claim Amount with respect thereto.

More Definitions of Estimated Claim

Estimated Claim means any Claim that is Estimated under the Plan.

Estimated Claim has the meaning set out in Clause 10.3,

Estimated Claim means any Contested Claim which is estimated in accordance with Section 502(c) of the Bankruptcy Code for purposes of voting.

Estimated Claim means, at the relevant time, a Claim, other than a Determined Claim, in the amount specified in accordance with section 6.4.2;