Financial Claim definition

Financial Claim means a Promissory Note Claim or Senior Notes Claim.
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Financial Claim refers to any Claim by JAKKS Pacific against any or all of the Shareholders for breach of the representations and warranties contained in Sections 4.4, 4.5, 4.6, 4.7, 4.8, 4.9, 4.10, 4.11 and 4.12 of this Agreement.
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Financial Claim means an Unsecured Claim that is a Senior Note Claim or a Promissory Note Claim.
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Examples of Financial Claim in a sentence

  • Information about the Financial Claim Scheme can be obtained from http://www.fcs.gov.au.

  • Information about the Financial Claim Scheme can be obtained from the APRA website at www.apra.gov.au and the APRA hotline on 1300 55 88 49.

  • The Financial Claim Holders who are not invited to the Council are not subject to the CRPL Proceedings.

  • CRPL Proceedings Under the current CRPL which took effect on March 18, 2016, (i) the Financial Claim Holders who received the Notice for CRPL Proceedings are prohibited from enforcing Financial Claims against the Failing Enterprise and (ii) the enforcement of Financial Claims in breach of such prohibition must be reinstated upon the official commencement of the CRPL Proceedings.

  • Each such Financial Claim Holder may exercise voting rights at the Council based upon the amount of credits to the Failing Enterprise as reported to the Prime Bank.

  • The Credit Extension comprises all loans, purchase of notes and bonds, lease, guarantee, vicarious payment and any and all direct and indirect financial transactions where a Financial Claim Holder would suffer losses if the counterparty defaults thereunder.

  • Each such Financial Claim Holder is required to report to the Prime Bank within 5 days from the date of the Notice for CRPL Proceedings the balance of its outstanding credit as of the date immediately preceding the date of the Notice for CRPL Proceedings.

  • The date of the first meeting of the Council may be extended by up to 14 days if the Council fails to adopt a resolution on the list of the participating Financial Claim Holders.

  • When the Prime Bank sends a Notice for CRPL Proceedings to Financial Claim Holders, the Prime Bank is authorized to require the Financial Claim Holders to desist from exercise of their creditor’s rights (including, without limitation, set-off, enforcement of collateral (Tambo in Korean), acquisition of additional collateral) against the Failing Enterprise.6 We assume that the Prime Bank will so require in all cases in view of the objectives of the CRPL.

  • At the first Council’s meeting, which must be held within 14 days from the date of the Notice for CRPL Proceedings,7 the Council must determine (i) scope of Financial Claim Holders participating in the Joint Management Proceedings (“Council Members”),8 (ii) whether or not to commence the Joint Management Proceedings with respect to the Failing Enterprise and (iii) whether to suspend the enforcement of creditor’s rights (including exercise of security interest) and the period for such suspension.


More Definitions of Financial Claim

Financial Claim means a Promissory Note Claim or Senior Notes Claim. “Governmental Damages” means (i) any civil, administrative or criminal penalties, monetary fines, damages, restitution or reimbursements paid or payable to a Governmental Entity, (ii) any restitution, damages or reimbursements paid or payable by a Person to a third party, in each case, resulting from the (x) conviction (including as a result of the entry of a guilty plea, a consent judgment or a plea of nolo contendere) of such Person of a crime or (y) settlement with a Governmental Entity for the purpose of closing a Governmental Investigation, or (iii) injunctive relief obtained by a Governmental Entity or requirement to alter business practices as determined by a Governmental Entity.
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Financial Claim means a claim (whether or not legally enforceable) for the payment of an amount of money, including a claim in respect of—
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Related to Financial Claim

  • Financial Contract of a Person means (i) any exchange-traded or over-the-counter futures, forward, swap or option contract or other financial instrument with similar characteristics or (ii) any Rate Management Transaction.

  • Financial Counterparty has the meaning given to such term in, and shall be interpreted in accordance with, 12 C.F.R. 252.81, 12 C.F.R. 382.1 and 12 C.F.R. 47.2.

  • Financial Bid means that part of the offer, that provides price schedule, total project costs etc.

  • Financial Closure means compliance with the requirements under Article 3.1 of this Agreement;

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Financial Consequences means a financial sanction imposed for an anti-doping rule violation or to recover costs associated with an anti-doping rule violation; and

  • Financial Insolvency means, with respect to any Named Entity covered under any Coverage Part designated as “included” in the Declarations attached hereto:

  • financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;

  • Financial Close means the Capacity Market Seller has demonstrated that the Capacity Market Seller or its agent has completed the act of executing the material contracts and/or other documents necessary to (1) authorize construction of the project and (2) establish the necessary funding for the project under the control of an independent third-party entity. A sworn, notarized certification of an independent engineer certifying to such facts, and that the engineer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration. For resources that do not have external financing, Financial Close shall mean the project has full funding available, and that the project has been duly authorized to proceed with full construction of the material portions of the project by the appropriate governing body of the company funding such project. A sworn, notarized certification by an officer of such company certifying to such facts, and that the officer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration.

  • Consolidated Total Liabilities means, as of any date of determination, the total liabilities of the Borrower and its Subsidiaries on a consolidated basis, as determined in accordance with GAAP.

  • Financial Default means the total cessation or partial suspension of operations due to insolvency, with or without the filing of a bankruptcy petition by a tour operator, Cruise line, or airline.

  • Financial Commitment means the legally binding undertaking of the Operator to mobilize the financial requirements of the project, for ensuring the completion of the project;

  • Financial Contracts means any arrangement that:

  • Financial aid means loans and/or grants to needy students

  • Financial Debt means a debt along with interest, if any, which is disbursed against the consideration for the time value of money and includes—

  • Adverse Change A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Note is impaired.

  • Historical Financial Statements means as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.

  • financial entity means the following entities which meet such criteria or conditions as the Central Government may, in consultation with the financial sector regulator, notify in this behalf, namely:

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Consolidated refers to the consolidation of accounts in accordance with GAAP.

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • Net Financial Debt ’ means “Gross Financial Debt” less “cash and cash equivalents”. This measure offers to the reader a global view of the Financial Debt without considering the payment terms and reduced by the effects of the available cash and cash equivalents to face these future payments.

  • Financial Statement has the meaning set forth in Section 4(g) below.