Known Claims definition
Examples of Known Claims in a sentence
Within no more than ten (10) days after the submission of the unresolved Known Claims, the Claim Arbitrator shall determine if each unresolved Known Claim has been property asserted and, if so properly asserted, shall choose either the final estimate of Parent OP or the final estimate of the Representative, selecting the final estimate of the value of the Known Claim that the Claim Arbitrator determines to be more reasonable, taking into account all of the factors deemed relevant by the Claim Arbitrator.
The party submitting the majority of the estimates of Known Claims that were not selected by the Claim Arbitrator shall pay all of the fees and expenses of the Claim Arbitrator.
Parent OP and the Representative shall attempt in good faith to agree upon the value of each Known Claim within five (5) Business Days of the Representative’s receipt of notice of the Known Claims.
There are no Known Claims that could be made or asserted by the Investor or any Affiliate of the Investor against any Company Releasees (as defined in Section 9.1(a)) arising out of or related to acts, events, occurrences, statements or omissions that occurred (or failed to occur) prior to the Effective Date other than Known Claims that are within the scope of, and completely released and discharged by, Section 9.1.
The Company promises never to file or prosecute a lawsuit asserting any Known Claims against any of the Executive Releasees or, except as otherwise required by applicable law or legal process, directly or indirectly assist any other person in so doing.