Major Claim definition

Major Claim means a claim for which the loss is estimated at any time to exceed AU$5 million, or that relates to a CAT event as defined by the Insurance Council of Australia, or that is reasonably complex or contentious.
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Major Claim means any Relevant Claim or a claim for a breach of Clause
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Major Claim means any Relevant Claim or a claim for a breach of Clause 6.4(a) which exceeds $6,000,000 (six million dollars);
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Examples of Major Claim in a sentence

  • However, if three (3) weeks after the notice of Claim has been received by the non-claimant, Contractor’s and Owner Parties’ project managers believe the Preliminary Claim will not be resolved, the Claim shall be submitted to the Major Claim (defined below) process.

  • However, if three (3) weeks after the notice of Claim has been received by the non-claimant, Design-Builder’s and Owner Parties’ project managers believe the Preliminary Claim will not be resolved, the Claim shall be submitted to the Major Claim (defined below) process.

  • If the breach is not capable of remedy or, if capable of remedy, is not remedied to the satisfaction of the Non Defaulting Party acting reasonably prior to the Completion Date, then the Non Defaulting Party may by notice to the Defaulting Party elect to proceed to Completion or, if the breach would result in a valid Major Claim, terminate this Agreement.

  • Notwithstanding any other provision hereof, with respect to any Major Claim, Parent may, by written notice to the Stockholder Representative, elect to assume and direct the defense of such Major Claim and to employ counsel of its own choosing to defend any such Major Claim or demand asserted against the Indemnitee (it being understood that Parent shall control such defense in such circumstances).

  • In the case of (i), a reply post tends to make a rebuttal to the Major Claim directly, while in the case of (ii), a reply post tends to make a rebuttal to each perspective and cites several sentences that represent a certain perspective.

  • The Life Assured has the flexibility to claim multiple times under thisPlan Option, subject to maximum payout of 100% of Sum Assured under this Plan Option. Cooling Off Period (as defined under this document) shall be applicable. No benefit under this Plan Option shall be payable for the subsequent occurrence of the same Minor Condition. In the event of a Major Claim under this Plan Option, where a claim for Minor Condition has already been paid, the Cooling Off period shall not be applicable.

  • To preventthis type of error, it might help to define features representing the location of indicators or to disam- biguate the function of indicators.ActualPredicted Table 4: Confusion matrix (SVM) for argument component classification (MC = Major Claim; Cl= Claim; Pr= Premise; No = None) We also observed, that some of the misclassified claims cover an entire sentence and don’t include indicators.

  • For example, when the OP user’s Value is “you can(/should be able to) cycle or get public transport to shops and places of work” (and the Major Claim is “No one should personally own a car or other motor vehicles CMV”), the challenger makes a rebuttal by stating, “Public transport takes ages to get to the same place you’re going to, and it often doesn’t take you there directly, but through many intermediate steps”.

  • Nonetheless, it is instructive to see a possible scoring system (see Table 3, below), derived from the attributes the authors (Ke, 2018) have annotated in the corpora they have used and a summary of those attributes (see Table 4, overleaf).Table 3 – Description of argument persuasiveness scores (Ke, 2018) Table 4 – Summary of the attributes together with their possible values, the argument component type(s) each attribute is applicable to (MC: Major Claim, C: Claim, P: Premise), and a brief description.

  • Stab and Gurevych (2017) and Persing and Ng (2016) provided argumentative essay datasets that were annotated based on the argument schemes, including Claim, Major Claim, and Premise, and their support/attack relations.


More Definitions of Major Claim

Major Claim means (a) a Claim or a series of related Claims ----------- for monetary damages in excess of $100,000,000, or (b) a Claim or a series of related Claims in which the relief sought consists wholly or partly of injunctive relief, and the injunctive relief sought, if granted, would have a value (when added to the monetary damages sought, if any), in excess of $100,000,000.
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Major Claim means any claim or claims against the Borrower or SAVVIS, Inc. in respect of which the aggregate amount sought against the Borrower or SAVVIS, Inc. and/or any and all insurers (before adjustment for any relevant franchise or deductible) exceeds £250,000.00.
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Major Claim means (a) with respect to Seller, (i) any Excluded Liabilities or (ii) any breach of Seller's representations in Section 4.1 (except the last sentence thereof), 4.2 (except the first sentence thereof), 4.3 and 4.11, and (b) with respect to Buyer, (i) any Assumed Liabilities, (ii) any breach of Buyer's representations in Sections 5.1 or 5.2 (except for the first sentence thereof) or (iii) any breach of (x) Buyer's obligation to pay the Purchase Price in accordance with the provisions of this Agreement and the Note. Except as otherwise set forth in Section 5.4 of the License Agreement, no party will be entitled to recover for Losses in excess of the Purchase Price for all claims arising out of this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby, including Major Claims. Excluding claims arising under the License Agreement, no party may initiate any claim for indemnification pursuant to this Section 13 after the fourteen-month anniversary of the Closing Date.
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Major Claim means a claim or suit by a third party against a Parent Indemnitee in which such third party (i) seeks monetary damages in excess of the amount remaining in the applicable Escrow Account less the sum of the amount subject to any other claims outstanding with respect to such Escrow Account (such lesser amount the “Available Escrow Account”), (ii) seeks unspecified damages that Parent reasonably believes are likely to exceed the applicable Available Escrow Account, or (iii) seeks non-monetary relief other than relief that is immaterial to Parent, the Company and their Subsidiaries, taken as a whole including without limitation by virtue of its impact on their condition (financial or otherwise), properties, assets (including intangible assets), business, operations or results of operations; provided, however, that in the case of a Tax claim or audit the amount of monetary damages sought shall be deemed to be a claim for monetary damages of $1,000 until such time as the relevant taxing authority provides a written claim for a specified amount of underpayment and thereafter will be the amount specified plus any applicable interest to such date.
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Related to Major 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;

  • Prior Claims means the Competing Claims to which the Authority’s right to the Building Aid is subordinated by the School Financing Act.

  • Senior Claims means, (a) with respect to the RBL Priority Collateral, each of the First-Priority Lien Obligations secured by such Collateral and, (b) with respect to the Term/Notes Priority Collateral, each of the Second-Priority Lien Obligations secured by such Collateral.

  • Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.

  • Infringement Claim has the meaning set forth in Section 8.2(a).

  • Section 510(b) Claim means any Claim arising from: (a) rescission of a purchase or sale of a security of the Debtors or an Affiliate of the Debtors; (b) purchase or sale of such a security; or (c) reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • 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:

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Intellectual Property Claim means the assertion by any Person of a claim (whether asserted in writing, by action, suit or proceeding or otherwise) that any Borrower’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other property or asset is violative of any ownership of or right to use any Intellectual Property of such Person.

  • Two-year claim limitation means no benefit is payable for any claim submitted two years or more from the date of admission or service provision.

  • IP Claim means a Claim made against you by a third party alleging that the Stripe Technology, Services or a Stripe Mark provided to and used by you in accordance with this Agreement infringes or misappropriates the IP Rights of the third party making the Claim, excluding Claims made by Connected Accounts.

  • Major Casualty means, in relation to a Ship, any casualty to that Ship in respect of which the claim or the aggregate of the claims against all insurers, before adjustment for any relevant franchise or deductible, exceeds $500,000 or the equivalent in any other currency;

  • 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.

  • Claim Notice has the meaning set forth in Section 8.4(a).

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

  • Third Person Claim has the meaning specified in Section 11.4(a).

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Guarantor Claims means all debts and liabilities of Borrower to Guarantor, whether such debts and liabilities now exist or are hereafter incurred or arise, or whether the obligation of Borrower thereon be direct, contingent, primary, secondary, several, joint and several, or otherwise, and irrespective of whether such debts or liabilities be evidenced by note, contract, open account, or otherwise, and irrespective of the person or persons in whose favor such debts or liabilities may, at their inception, have been, or may hereafter be created, or the manner in which they have been or may hereafter be acquired by Guarantor. The Guarantor Claims shall include without limitation all rights and claims of Guarantor against Borrower arising as a result of subrogation or otherwise as a result of Guarantor’s payment of all or a portion of the Liabilities. Until the Liabilities shall be paid and satisfied in full and Guarantor shall have performed all of its obligations hereunder, Guarantor shall not receive or collect, directly or indirectly, from Borrower or any other party any amount upon the Guarantor Claims if an Event of Default exists at the time of such receipt or collection.

  • infringement notice has the meaning set forth in Section 7.4.1;

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VI.

  • Rejection Claim means a Claim arising from the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Major Work means any Work to Construct or Maintain the Distribution System that costs more than One Hundred Thousand ($100,000.00) Dollars;

  • Third Party Claim has the meaning set forth in Section 8.3.

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

  • Hazardous Materials Claims means any enforcement, cleanup, removal or other governmental or regulatory action or order with respect to the Property, pursuant to any Hazardous Materials Laws, and/or any claim asserted in writing by any third party relating to damage, contribution, cost recovery compensation, loss or injury resulting from any Hazardous Materials.