Exhaustion definition

Exhaustion means, (a) with respect to the Bank Credit Facility and the FF&E Facility, the time at which the "Commitment" under such Facility has been utilized, the Bank Proceeds Account or the FF&E Proceeds Account, as the case may be, has no funds remaining on deposit therein and no further Advances are available thereunder, (b) with respect to the Second Mortgage Notes, the time at which no funds remain in the Second Mortgage Notes Proceeds Account and (c) with respect to the Company's Funds Account, the time at which no funds remain on deposit therein.
Exhaustion means that you have adequately presented your claim to every state court you can. Generally, this means that you have presented your claim to a Wisconsin Circuit Court, the Wisconsin Court of Appeals, and the Wisconsin Supreme Court.
Exhaustion effect means that a singularity of a point-like source

Examples of Exhaustion in a sentence

  • Exhaustion of the claim and claim review procedures of Section 5.2 is prerequisite to any further consideration of a claim.

  • Exhaustion of the Plan's claims procedures is mandatory for every claim and dispute of whatever nature or from whatever source and arising under this Plan.

  • Conflict and Exhaustion of Provisions as stated at the beginning of this Exhibit A will apply to this Section.

  • Exhaustion of the Plan’s applicable claims and appeal procedure set forth in this Section 16 is mandatory for resolving any Claim under the Plan before initiating any legal action relating to the Claim.

  • Exhaustion of the appeal rights under this Section 9.2 shall be required before any Participant may file suit in court.


More Definitions of Exhaustion

Exhaustion means, (a) with respect to the Bank Credit Facility, the Interim Mall Facility and the HVAC Commitment Facility, the time at which the Commitment under such Facility has been utilized and no further Advances are available thereunder and (b) with respect to the Mortgage Notes, the time at which no funds remain in the Mortgage Notes Proceeds Account.
Exhaustion means submitting an accepted grievance and properly appealing an accepted grievance fully and receiving a final response thereto by the Commissioner. Rejections do not constitute exhaustion. Remands are not final responses unless expressly stated in the decision.
Exhaustion under the PLRA means carrying administrative grievances through to the very end, and any procedural history that falls short of this does not demonstrate exhaustion. Pozo, 286 F.3d at 1024 (holding that the term ‘exhaustion’
Exhaustion under the PLRA means “proper exhaustion.” Woodford v. Ngo, 548 U.S. 81, 93 (2006). To properly exhaust, prisoners must “tak[e] advantage of each step the prison holds out for resolving the claim internally and . . . follow the ‘critical procedural rules’ of the prison’s grievance process to permit prison officials to review and, if necessary, correct the grievanceon the merits’ in the first instance.” Reed-Bey v. Pramstaller, 603 F.3d 322, 324 (6th Cir. 2010); Jones, 549 U.S. at 217–18 (noting that proper exhaustion requires “[c]ompliance with prison grievance procedures”).
Exhaustion of alternate resources means a good faith effort to secure the benefit of those resources, including applying for the resources if one appears to be eligible for them and
Exhaustion means such time as the aggregate net amount paid by the Reinsurer hereunder in respect of Ultimate Net Loss equals the Aggregate Limit; provided, that if the aggregate net amount paid by the Reinsurer hereunder in respect of Ultimate Net Loss decreases to an amount that is less than the Aggregate Limit, “Exhaustion” shall be deemed to occur at any subsequent time as of which the aggregate net amount paid by the Reinsurer hereunder in respect of Ultimate Net Loss again equals the Aggregate Limit.
Exhaustion means, relevantly, a situation where payment by the insurers of the “Underlying Policies” of covered loss has resulted in total exhaustion of the “Underlying Limit” (Chubb Policy, cl. 6.2);except as may be otherwise provided by the Chubb Policy, the Chubb Policy:is subject to the same terms, conditions, and limitations as are contained in or as may be added to the Primary Policy and, to the extent coverage is further limited or restricted thereby, to any other “Underlying Policies”. In no event will the Chubb Policy grant broader coverage than would be provided by any of the “Underlying Policies” (Chubb Policy, cl 1.3(a));relevantly covers only “Claims” first made against the “Insureds” and notified to Chubb during the “Policy Period” (Chubb Policy, cl 1.3(b));