Examples of Estimation Date in a sentence
Under the terms of the Scheme all creditors will be given notice of the actual Estimation Date between six and three months prior to the time.Following the Estimation Date all remaining outstanding and IBNR creditor claims will be crystallised by estimation, to allow for the closure of the insolvency.At the date of this report, the Scheme Administrators consider that June 2013 remains the most likely Estimation Date for the Scheme.
The Scheme for FAIG provides for an Estimation Date of seven years after the Australian Scheme became effective, which means that the Estimation Date is expected to be in June 2013.
Under the terms of the Scheme all creditors will be given notice of the actual Estimation Date between six and three months prior to the time.Following the Estimation Date all remaining outstanding and IBNR creditor claims will be crystallised by estimation, to allow for the closure of the insolvency.
The Scheme for HIH U&I provides for an Estimation Date of seven years after the Australian Scheme became effective, which means that the Estimation Date is expected to be in June 2013.
If Seller does not provide Buyer written notice of its election within forty-five (45) days after the applicable Restoration Cost Estimation Date (but in any event at least twenty (20) days prior to the Closing Date), Buyer may elect to terminate this Agreement within ten (10) Business Days after the end of such forty-five (45) day period by written notice to Seller.