Goods Claim definition

Goods Claim means a Claim Allowed as an administrative expense under section 503(b)(9) of the Bankruptcy Code.
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Goods Claim means a Claim Allowed as an administrative expense undermade pursuant to section 503(b)(9) of the Bankruptcy Code.
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Examples of Goods Claim in a sentence

  • Newmont may: (a) deduct the Goods Claim Amount from the invoice amount applicable to such Non-Conforming Goods; (b) if Newmont previously paid such invoice amount or portion thereof, require Supplier to reimburse Newmont for the Goods Claim Amount; or (c) setoff the Goods Claim Amount against any other amount owing to or invoiced by Supplier.

  • Newmont may: (i) deduct the Goods Claim Amount from the invoice amount applicable to such Non-Conforming Goods; (ii) if Newmont previously paid such invoice amount or portion thereof, require Supplier to reimburse Newmont for the Goods Claim Amount; or (iii) setoff the Goods Claim Amount against any other amount owing to or invoiced by Supplier.

  • Written notice of rejection of Goods shall be delivered to Seller pursuant to Seller’s Rejection of Goods Claim Policy in effect from time to time.

  • A current version of Seller’s Rejection of Goods Claim Policy is available at www.smcusa.com.

  • Any claim under the FreightSafe Warranty for damage to or loss of Goods ("Claim") must be made in accordance with the terms & time limits listed below.

  • Subject to the allowance procedures set forth herein, unless such Holder agrees to other treatment (in which event, such other agreement shall govern), each Holder of a Goods Claim or an Allowed Administrative Expense Claim Allowed pursuant to Section III.A.1(b) of this Plan, shall, to the extent not already paid, be paid on the Effective Date or, if later, no later than the fifteenth (15th) Business Day after such Claim becomes Allowed, Cash equal to such Allowed Claim from the Available Funds.

  • Subject to the allowance procedures set forth herein, unless such Holder agrees to other treatment (in which event, such other agreement shall govern), each Holder of a Goods Claim or an Allowed Administrative Expense Claim Allowed pursuant to Section III.A.1(b) of the Plan, shall, to the extent not already paid, be paid on theEffective Date or, if later, no later than the fifteenth (15th) Business Day after such Claim becomes Allowed, Cash equal to such Allowed Claim from the Available Funds.

  • John Black is Managing Director of the National Household Goods Claim Registry.

  • Claims made outside this timescale may not be eligible for credit.of receipt to be eligible for credit, either by completing a■ A Missing Goods Claim Form should be completed asReturns Note or by calling your local Customer Services Team.

  • Customer may: (i) deduct the Goods Claim Amount from the invoice amount applicable to such Non-Conforming Goods; (ii) if Customer previously paid such invoice amount or portion thereof, require Supplier to reimburse Customer for the Goods Claim Amount; or (iii) setoff the Goods Claim Amount against any other amount owing to or invoiced by Supplier.

Related to Goods Claim

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • IPR Claim means any claim of infringement or alleged infringement (including the defence of such infringement or alleged infringement) of any IPR, used to provide the Services or as otherwise provided and/or licensed by the Supplier (or to which the Supplier has provided access) to the Authority in the fulfilment of its obligations under this Framework Agreement;

  • DIP Claim means a Claim of the DIP Agent or DIP Lenders arising under the DIP Credit Agreement or any of the DIP Orders, including Claims for payment of DIP Expenses.

  • Unsecured Claim means a Claim that is not an Administrative Claim, a Priority Tax Claim, a Priority Claim, or a Secured Claim.

  • Secured Claim means a Claim: (a) secured by a valid, perfected, and enforceable Lien on collateral to the extent of the value of such collateral, as determined in accordance with section 506(a) of the Bankruptcy Code or (b) subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code.

  • Disallowed Claim means (a) a Claim, or any portion thereof, that has been disallowed by a Final Order or a settlement, (b) a Claim or any portion thereof that is Scheduled at zero or as contingent, disputed, or unliquidated and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law, or (c) a Claim or any portion thereof that is not Scheduled and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law.

  • Asbestos claim means any claim, wherever or whenever made, for damages, losses, indemnification, contribution, or other relief arising out of, based on, or in any way related to asbestos, including:

  • Tax Claim has the meaning set forth in Section 6.05.

  • Allowed Secured Claim means all or that portion of a Secured Claim which is an Allowed Claim.

  • Administrative Claim means a Claim for costs and expenses of administration of the Chapter 11 Cases pursuant to sections 503(b), 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including: (a) the actual and necessary costs and expenses incurred on or after the Petition Date until and including the Effective Date of preserving the Estates and operating the Debtors’ businesses; (b) Allowed Professional Fee Claims; and (c) all payments afforded administrative expense treatment under the Backstop Agreement.

  • Allowed Claim means an Allowed Claim of the type described.

  • Intercompany Claim means any Claim held by a Debtor against another Debtor.

  • De Minimis Claim has the meaning set forth in Section 7.4(a).

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • 503(b)(9) Claim means a Claim or any portion thereof entitled to administrative expense priority pursuant to section 503(b)(9) of the Bankruptcy Code.

  • Cure Claim means a Claim (unless waived or modified by the applicable counterparty) based upon a Debtor’s defaults under an Executory Contract or an Unexpired Lease assumed by such Debtor under section 365 of the Bankruptcy Code, other than a default that is not required to be cured pursuant to section 365(b)(2) of the Bankruptcy Code.

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Deficiency Claim means any portion of a Claim (a) to the extent the value of the holder’s interest in Assets securing such Claim is less than the amount of such Claim or (b) to the extent the amount of a Claim is subject to setoff is less than the amount of the Claim, each as determined by § 506(a) of the Bankruptcy Code.

  • Disputed Claim means any Claim that is not Allowed.

  • Allowed Unsecured Claim means all or that portion of an Unsecured Claim which is an Allowed Claim.

  • Allowed Administrative Claim means an Administrative Claim that is an Allowed Claim.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Settled claim means the original tort claim resolved by a structured settlement.