Holdback Claims definition

Holdback Claims means any Group Creditor Claim that:
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Holdback Claims has the meaning given in the LTD DOCA;
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Holdback Claims means all Administrative Claims (other than Professional Claims), Priority Tax Claims, Priority Non-Tax Claims, General Secured Claims, General Contractor Secured Claims and Subcontractor Secured Claims, which Claims, to the extent Allowed, will be paid with Cash in the Wind-Down Reserve.
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Examples of Holdback Claims in a sentence

  • Without prejudice to Clause 9.7 (Postponement of Holdback Claims), a Group Creditor asserting a Security Interest will therefore be a Holdback Creditor unless and until the Determined Value of its Security Interest has been determined in accordance with this Clause 6.10.

  • All Monetary Awards to Individual Plaintiffs, Individual Settlement Administration Expenses (except as specified in Section 3.1.5), and payments to Subrogating Insurers or for medical or other liens for Individual Plaintiffs, if any, as to Released Claims, and payments or amounts due on Holdback Claims per Section 8.3, shall be paid exclusively from the Individual Settlement Fund.

  • The sum of all amounts relating to Holdback Claims that Allegheny does not dispute shall be referred to herein as the “Undisputed Holdback Amount”, the sum of all amounts relating to Holdback Claims that Allegheny does dispute shall be referred to herein as the “Disputed Holdback Amount” and the amount, if any by which the Holdback Amount exceeds the sum of the Undisputed Holdback Amount and the Disputed Holdback Amount shall be referred to as the “Unclaimed Holdback Amount”.

  • This ratio has been determined after deducting a holdback of $3 million in value of Fiserv shares, which will be placed in escrow to cover Holdback Claims.

  • All Monetary Awards to Class Claimants, Class Settlement Administration Expenses, awards of attorneys’ fees or costs or other amounts to Class Counsel, amounts paid to Class Representatives as service awards, payments to Subrogating Insurers or for medical or other liens for Class Plaintiffs, if any, as to Released Claims, and payments or amounts due on Holdback Claims per Section 8.3, shall be paid exclusively from the Class Settlement Fund.

  • A final exchange ratio will be determined upon the resolution of the Holdback Claims.

  • If Seller affirmatively disputes the validity of the Holdback Claim within the Seller Response Period by delivery of written notice of such dispute to Purchaser and Escrow Agent on or before the expiration of the Seller Response Period, Purchaser may then commence litigation in a court of competent jurisdiction located in Xxxxxx County, Texas with respect to all such Holdback Claims (if any) prior to that date that is thirty (30) days after the expiration of the Seller Response Period.

  • All remaining shares of Buyer Common Stock held with respect to Pending Holdback Claims shall be distributed upon the final resolution of the related Pending Holdback Claims.

  • After resolution of any Xxxxxxx Holdback Claims brought against Seller or Operator, to the extent the amount of funds recovered is not sufficient to pay both CSL’s and Subtenant’s Holdback Claims and Xxxxxxx’x Holdback Claims, the amount actually recovered in connection with all such Holdback Claims shall be divided by Xxxxxxx among Xxxxxxx and CSL on an equitable basis, as reasonably determined by Xxxxxxx in good faith, and disbursed in accordance with the terms of this Agreement.

  • All monies left in the Holdback Account after payment of any Holdback Claims timely made by Buyer in accordance with the foregoing and determined to be due to Buyer in accordance with this Section 12.5 (including any interest earned on the Holdback Amount) shall be disbursed to Seller and the Holdback Account shall be terminated.


More Definitions of Holdback Claims

Holdback Claims has the meaning set forth in Section 1.4(c)(i).
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Holdback Claims has the meaning set forth in Section 2.6(f)(i).
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Holdback Claims shall have the meaning set forth in Section 12.5.
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Related to Holdback Claims

  • Holdback Amount has the meaning set forth in Section 2.1(c).

  • Indemnity Escrow Amount means $3,000,000.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • Holdback Shares has the meaning set forth in Section 2.5(b)(v).

  • Escrow Cash is defined in Section 4.1(a).

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Settled Claims means any and all of the claims, debts, demands, rights, actions, causes of action, suits, matters, issues, damages, losses or liabilities whatsoever (including, but not limited to, any claims for interest, attorneys’ fees, expert or consulting fees, and any other costs, expenses or liability whatsoever), whether based on United States or Canadian federal, state, provincial, local, statutory or common law or any other law, rule or regulation, whether fixed or contingent, accrued or unaccrued, liquidated or unliquidated, at law or in equity, matured or unmatured, whether class or individual in nature, including both known claims and Unknown Claims, (i) that have been asserted (or proposed as amendments) in any of the Actions against any of the Released Parties, or (ii) that could have been asserted in any forum by the Class Members or any of them against any of the Released Parties which arise out of or are based upon the allegations, transactions, facts, matters, breaches, occurrences, financial statements, statements, representations or omissions involved, set forth, or referred to in the Actions or in proposed amendments.

  • Agreed Claims shall have the meaning set forth in Section 8.6(c).

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code or the repudiation of such contract.

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

  • Disputed Claims Reserve means a reserve of Cash that may be funded on or after the Effective Date pursuant to Article VII.E hereof.

  • Section 510(b) Claims means any Claim against any Debtor: (a) arising from the rescission of a purchase or sale of a Security of any Debtor or an affiliate of any Debtor; (b) for damages arising from the purchase or sale of such a Security; or (c) for reimbursement or contribution Allowed under section 502 of the Bankruptcy Code on account of such a Claim; provided that a Section 510(b) Claim shall not include any Claims subject to subordination under section 510(b) of the Bankruptcy Code arising from or related to an Interest.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.

  • Covered Claims Claim" means any claim, dispute or controversy between you and us that in any way arises from or relates to this Agreement, the Account, the issuance of any Card, any rewards program, any prior agreement or account. "Claim" includes disputes arising from actions or omissions prior to the date any Card was issued to you, including the advertising related to, application for or approval of the Account. "Claim" has the broadest possible meaning, and includes initial claims, counterclaims, cross-claims and third-party claims. It includes disputes based upon contract, tort, consumer rights, fraud and other intentional torts, constitution, statute, regulation, ordinance, common law and equity (including any claim for injunctive or declaratory relief). "Claim" does not include disputes about the validity, enforceability, coverage or scope of this Arbitration Provision or any part thereof (including, without limitation, the prohibition against class proceedings, private attorney general proceedings and/or multiple party proceedings described in Paragraph C.7 (the "Class Action Waiver"), the last sentence of Paragraph C.13 and/or this sentence); all such disputes are for a court and not an arbitrator to decide. However, any dispute or argument that concerns the validity or enforceability of the Agreement as a whole is for the arbitrator, not a court, to decide.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • 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;