Known Claims definition

Known Claims means all claims, demands or causes of action (whether matured or unmatured) arising from or related to the Credit Agreement and each of the Loan Documents and of which the Borrower has actual knowledge on the date hereof, whether arising in law or equity or upon contract or tort or under any state or federal law or otherwise.

Known Claims means any Employer Claims of which any one or more of the executive officers (other than Executive) of AMI, ALARIS or both have actual knowledge (whether or not such executive officer has made due inquiry) of facts giving rise to such Employer Claims as of the date hereof.

Known Claims means claims for refund, reimbursement, return, replacement, repair or correction arising from non-conforming products submitted to Seller in writing prior to the Closing Date in accordance with the provisions of the applicable customer agreement.

Examples of Known Claims in a sentence

• 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.

• 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.

• 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 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.

• The Company, on behalf of itself, and its successors, agents and assigns, agrees to release fully and forever discharge Executive and his heirs, executors, administrators, successors, agents and assigns (collectively, the "Executive Releasees"), both individually and collectively, from any and all Employer Claims (as hereinafter defined) which constitute Known Claims (as hereinafter defined), excluding any claim or right arising under this Agreement.

More Definitions of Known Claims

Known Claims means claims that have been incurred by an insured of the pool and identified to, or submitted to, the pool for payment of workers’ compensation benefits.

Known Claims means the pending litigation in the PRC as disclosed in the Disclosure Letter;

Known Claims means the Actions or threatened Actions set forth on Schedule 3.1(i) hereto, as amended prior to the Closing Date, together with any Actions or threatened Actions required to be set forth on such Schedule 3.1(i) as of the Closing Date for the representations and warranties in Section 3.1(i) to be accurate as of the Closing Date; provided that threatened Actions shall only be deemed Known Claims if they become Actions after the Closing.

Known Claims means those claims for breaches of representations and warranties contained in Article IV as to which Orhan has given written notice to Dxxx on or before the Closing Date. Notwithstanding the foregoing, the representations and warranties as to which the Known Claims relate will survive Closing, as to the Known Claims only, for three months following the Closing Date, and, at the expiration of such of three month period, shall terminate. Upon the termination of representations and warranties as provided herein, the right to commence any claim with respect thereto shall also terminate and thereafter neither the Purchasers nor the Sellers shall have any Liability whatsoever with respect to such representations and warranties.

Known Claims has the meaning set forth in Section 12.1(a).

Known Claims means claims that have been incurred by an Employee of the Employer and submitted to an Employer for payment of workers’ compensation benefits.

Known Claims means claims for refund, reimbursement, return, replacement, repair or correction arising from non- conforming products submitted to Seller in writing prior to the Closing Date in accordance with the provisions of the applicable customer agreement.