Future Claim definition
Examples of Future Claim in a sentence
If Sellers and Purchaser agree in writing that Purchaser shall assume Corrective Action at a Site listed on Exhibit Z, or if an Agency shall require Purchaser to assume Corrective Action at a Site listed on Exhibit Z, as appropriate Seller will pursue Future Claim Rights.
Such Initial Notice shall describe the nature of the Future Claim in reasonable detail and shall indicate the estimated amount, if practicable, of the asserted indemnifiable loss that has been or may be sustained by the Government.
Notwithstanding that certain of Mortgagor's obligations under this Mortgage may be similar or identical to certain of Mortgagor's obligations under the Ground Lease, all of Mortgagor's obligations under this Mortgage are and shall be separate from and in addition to its obligations under the Ground Lease.
The assignment of any Future Claim Rights shall become effective upon issue of written approval and that the associated Letter of Commitment(s) by the Fund has been assigned per Purchaser’s request.
Any and all Assignments of Existing Claims, Pending Claims or Future Claim Rights (collectively, “Claim Assignment”) to Purchaser pursuant to this Section 7.5 are intended to be in compliance with the terms specified in the Board Order entitled In the Matter of Petition of Lake Publishing Company, Order WQ 2000-06-UST (“the Order”).
Purchaser agrees to notify Sellers in advance of exercising the Assignment of Future Claim Rights option and copy Sellers on all relevant correspondence with the Fund.
Any Class Member with an Extended Warranty that expires after the date of the Final Approval Hearing, and who is seeking relief for a Documented Arcing Claim, must make a claim within the Future Claim Deadline.
This benefit is subject to the Claims Bar described in Section 3.1.5, and either the Prior Claim Deadline or the Future Claim Deadline applicable to the Class Microwave.
If the Government receives notice of the assertion of any claim or of the commencement of any claim, action, or proceeding which constitutes the Future Claim as defined in this section, the Government shall provide Consumers Energy written notice thereof (“Initial Notice”) as soon as the nature of the claims is known, but no later than 90 days before the close of discovery in such an action.
Any Class Member with an Extended Warranty that will expire after the date of the Final Approval Hearing, and who is seeking relief for a Documented Arcing Claim, must submit a valid claim to Sharp on or before the Future Claim Deadline, or their claim will be forever barred.