Exempt Claims definition

Exempt Claims means any of the following claims or actions:
Exempt Claims means claims with respect to loans for which it is deter- mined that the borrower (or student on whose behalf a parent has borrowed), without the lender’s or the institu- tion’s knowledge at the time the loan was made, provided false or erroneous information or took actions that caused the borrower or the student to be ineligible for all of a portion of the loan or for interest benefits on the loan.(3) A guaranty agency’s loss on a loan that was outstanding when a reinsur- ance agreement was executed is cov- ered by the reinsurance agreement only if the default on the loan occurs after the effective date of the agree- ment.(4) If a lender has requested default aversion assistance as described in paragraph (a)(2)(ii) of this section, the agency must, upon request of the school at which the borrower received the loan, notify the school of the lend- er’s request. The guaranty agency may not charge the school or the school’s agent for providing this notification and must accept a blanket request from the school to be notified whenever any of the school’s current or former students are the subject of a default aversion assistance request. The agen- cy must notify schools annually of the option to make this blanket request.
Exempt Claims means the following claims or actions, which are exempt from this Article:

Examples of Exempt Claims in a sentence

  • Team member and Company agree that litigation of any Exempt Claim should be stayed pending final resolution of all non-Exempt Claims in arbitration so that litigation of the Exempt Claim(s) does not disrupt the arbitration proceedings or render them ineffective; no party shall oppose the other party’s request for a stay.

  • This Policy is an agreement of the Association and Owners to arbitrate all Claims except Exempt Claims and is specifically enforceable under the applicable arbitration law of the State of Colorado.

  • This Policy is an agreement of the Association and Owners to arbitrate all Claims, except Exempt Claims, and is specifically enforceable under the applicable arbitration law of the State of Colorado.

  • This Article is an agreement of the Bound Parties to arbitrate all Claims except Exempt Claims and is specifically enforceable under the applicable arbitration law of the State of Colorado.

  • Any litigation by the Association, other than litigation of one or more of the "Exempt Claims" set out in Section 12.2 of this Article XII, shall require affirmative vote of seventy-five percent (75.00%) of the outstanding votes of all Members of the Association prior to the institution of such litigation.


More Definitions of Exempt Claims

Exempt Claims means (i) claims by the Purchaser or the Shareholders (as appropriate) under this Article VII for breaches, or failures of performance, of the terms of Article I, Section 2.1, Section 2.23, Section 3.3, Section 4.3, Section 4.5 and Section 4.6, and (ii) claims by the Purchaser for indemnification under this Article VII in connection with the Identified Litigation or Impact Option Liability.
Exempt Claims means the following claims or actions, which are exempt from thisArticle:
Exempt Claims means the following claims or actions, which are exempt from this Article: (i) the Association’s claim for assessments, and any action by the Association to collect assessments; (ii) an action by a Party to obtain a temporary restraining order or equivalent emergency equitable relief, and such other ancillary relief as the court deems necessary to maintain the status quo and preserve the Party’s ability to enforce the provisions of this Declaration; (iii) enforcement of the easements, architectural control, maintenance, and use restrictions of this Declaration; (iv) a suit to which an applicable statute of limitations would expire within the notice period of this Article, unless a Party against whom the Claim is made agrees to toll the statute of limitations as to the Claim for the period reasonably necessary to comply with this Article; and (v) a dispute that is subject to alternate dispute resolution (such as mediation or arbitration) by the terms of a public law or another instrument, such as a contract or warranty agreement, in which case the dispute is exempt from this Article, unless the Parties agree to have the dispute governed by this Article.
Exempt Claims has the meaning set out in Clause 8.8(a).
Exempt Claims means any claims for indemnity made by any Purchaser Indemnified Party (i) relating to a breach of any representations and/or warranties set forth in: Section 4.1 [Membership Interests; Capitalization]; Section 4.2 [Authorization; Validity of Agreement]; Section 4.4 [Organization; Qualification]; Section 4.20 [Tax Matters]; and Section 4.24 [Brokers or Finders]; (ii) arising out of, relating to, or in connection with any Transaction Payment; (iii) under Section 8.2(a)(iii) [Relating to Existing Litigation] and under Section 8.2(a)(v) [Failure to Obtain Consents].
Exempt Claims has the meaning set forth in Section 10.04(c).
Exempt Claims shall have the meaning set forth in Section 9.6 hereof.