Estimated Claims Amount definition

Estimated Claims Amount means, for any Monthly Accounting Period, an amount estimated to be the Benefits for such Monthly Accounting Period net of an amount estimated to be the Premiums for such Monthly Accounting Period and included in the Monthly Settlement Report delivered in the month immediately preceding such Monthly Accounting Period, which estimate shall be an amount equal to (a) the actual Benefits for the Monthly Accounting Period reflected in the Monthly Settlement Report delivered in the month immediately preceding such Monthly Accounting Period, minus (b) the actual Premiums for the Monthly Accounting Period reflected in the Monthly Settlement Report delivered in the month immediately preceding such Monthly Accounting Period.
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Estimated Claims Amount means a good faith estimate of the amount of funds reasonably necessary to satisfy remaining Damage Claims, which estimate is made by the Individual Trustees after consultation with the GCCF Administrator, the Natural Resource Trustees, appropriate government entities, the Grantor, and after review of pending litigation that is reasonably anticipated to result in claims that could be presented to the Trust under this Agreement.
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Estimated Claims Amount means any good faith estimate of the amount of funds reasonably necessary to satisfy remaining Damage Claims, which estimate is made by the Individual Trustees after consultation with the GCCF Administrator, the Natural Resource Trustees, appropriate governmental entities, the Grantor, and after review of pending litigation that is reasonably anticipated to result in claims that could be presented to the Trust under this Agreement.9
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Examples of Estimated Claims Amount in a sentence

  • On each of the tenth (10th) and twenty-fifth (25th) calendar days or, if such calendar day is not a Business Day, the next Business Day following such calendar day, of each Monthly Accounting Period, the Reinsurer shall pay fifty percent (50%) of the Estimated Claims Amount for such Monthly Accounting Period, as reflected in the Monthly Settlement Report received during the immediately preceding Monthly Accounting Period.

  • On the Phase 1 Closing Date, Buyer shall transfer to each Ceding Company the Estimated Claims Amount for (i) the Monthly Accounting Period beginning on the Phase 1 Closing Date and (ii) the Monthly Accounting Period immediately following the Monthly Accounting Period beginning on the Phase 1 Closing Date.

  • On the Phase 2 Closing Date, Buyer shall transfer to each Ceding Company the Estimated Claims Amount for (i) the Monthly Accounting Period beginning on the Phase 2 Closing Date and (ii) the Monthly Accounting Period immediately following the Monthly Accounting Period beginning on the Phase 2 Closing Date, in each case, without duplication of the payment of any such amounts paid pursuant to the Reinsurance Agreements.


More Definitions of Estimated Claims Amount

Estimated Claims Amount has the meaning set forth in the Reinsurance Agreements.
Sample 1
Estimated Claims Amount means, for any Monthly Accounting Period, an amount estimated to be the Benefits for such Monthly Accounting Period net of an amount estimated to be the Premiums for such Monthly Accounting Period and included in the Monthly Settlement Report delivered in the month immediately preceding such Monthly Accounting Period, which estimate shall be an amount equal to (a) the actual Benefits (less any Benefits paid in respect of the Assumed Modco Agreements) for the Monthly Accounting Period reflected in the Monthly Settlement Report delivered in the month immediately preceding such Monthly Accounting Period, minus (b) the actual Premiums (less any Premiums paid in respect of the Assumed Modco Agreement) for the Monthly Accounting Period reflected in the Monthly Settlement Report delivered in the month immediately preceding such Monthly Accounting Period.
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Related to Estimated Claims Amount

  • Disputed Claims Reserve means a reserve of Cash that may be funded on or after the Effective Date pursuant to Article VII.E hereof.

  • Disputed Claim means any Claim that is not Allowed.

  • Claimed Amount means the amount of any Damages incurred or reasonably expected to be incurred by the Indemnified Party.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Claim Amount means the amount calculated in accordance with Section 6.2 of this Policy.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Claims Objection Bar Date means the deadline for objecting to a Claim, which shall be on the date that is the later of (a) 180 days after the Effective Date and (b) such other period of limitation as may be specifically fixed by the Debtors or the Reorganized Debtors, as applicable, or by an order of the Bankruptcy Court for objecting to Claims.

  • Allowed Amount means the total amount of reimbursement allocated to a covered Service and includes both the BCBSAZ payment and the Member Cost-share payment. BCBSAZ calculates deductible and Coinsurance based on the Allowed Amount, less any access fees or Precertification Charges. BCBSAZ uses the Allowed Amount to accumulate toward any Out-of-pocket Coinsurance Maximum or Out-of-pocket Maximum that applies to the member’s Benefit Plan. The Allowed Amount does not include any balance bills from noncontracted Providers. The Allowed Amount is neither tied to, nor necessarily reflective of, the amounts Providers in any given area usually charge for their services. The table below shows how BCBSAZ determines the Allowed Amount:

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Administrative Claim Bar Date means the deadline for filing requests for payment of Administrative Claims, which shall be 30 days after the Effective Date.

  • Unresolved Claims shall have the meaning set forth in Section 9.6(b).

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Administrative Claims Bar Date means the deadline for Filing requests for payment of Administrative Claims, which: (a) with respect to Administrative Claims other than Professional Fee Claims, shall be 30 days after the Effective Date; and (b) with respect to Professional Fee Claims, shall be 45 days after the Effective Date.

  • Claims Bar Date means the applicable bar date by which Proofs of Claim must be Filed, as established by: (a) the Bar Date Order; (b) a Final Order of the Bankruptcy Court; or (c) the Plan.

  • Disallowed Claim means (a) a Claim, or any portion thereof, that has been disallowed by a Final Order or a settlement, (b) a Claim or any portion thereof that is Scheduled at zero or as contingent, disputed, or unliquidated and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law, or (c) a Claim or any portion thereof that is not Scheduled and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law.

  • Allowed Claim means an Allowed Claim of the type described.

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Contested Claim means any Tax, Indebtedness or other claim or liability (i) the validity or amount of which is being diligently contested in good faith, (ii) for which adequate reserve, or other appropriate provision, if any, as required in conformity with GAAP shall have been made, and (iii) with respect to which any right to execute upon or sell any assets of the Company or of any of its Subsidiaries has not matured or has been and continues to be effectively enjoined, superseded or stayed.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Insured Claim means any Claim arising from an incident or occurrence alleged to have occurred prior to the Effective Date that is covered under an insurance policy applicable to the Debtors or their businesses.