Offset Claim definition

Offset Claim shall have the meaning set forth in Section 8.2.
Sample 1Sample 2Sample 3
Offset Claim has the meaning set forth Section 2.10(a).
Sample 1Sample 2Sample 3
Offset Claim. Section 11.3(a)
Sample 1Sample 2

Examples of Offset Claim in a sentence

  • Seller shall have twenty (20) days after receipt of such information to dispute any such Offset Claim, and shall so notify Buyer of the basis for such dispute.

  • If the Parties are unable to resolve such dispute within fifteen (15) days, the Offset Claim shall be submitted to arbitration, as further described in Section 9.14.

  • The term "Offset Claim" shall have the meaning set forth in Section 8.2.

  • The Offset of any amounts of an Offset Claim against the amounts due under the Seller Note shall be given tentative effect (as provided in the following sentence) from the date that the Buyer Indemnitee submits its Offset Claim Notice until such Offset Claim has been resolved by the mutual written agreement of Buyer and Seller Representative, or as determined by a final, non-appealable judgment of a court of competent jurisdiction in accordance with Section 11.09.

  • If such a Continuing Event of Offset exists, the pledge shall continue only to the extent of the amount of Stock (based on the Agreed Value) equal to the amount of Damages claimed in the Offset Claim or the amount of damages reasonably expected to be caused by the Event of Offset, as applicable.

  • If the Parties are unable to resolve such dispute within fifteen (15) days, the Offset Claim shall be submitted to arbitration, as further described in Section 9.15.

  • The term "Offset Claim" shall have the meaning set forth in Section 9.11.

  • Customer Agreement: Prior to and during part of the third quarter of 2013, the Master was party to a Customer Agreement with CGM (the “CGM Customer Agreement”).

  • Each delivery by Secured Party/Buyer to the Pledgor/Seller of a notice of Offset Claim shall constitute an Event of Offset ("Event of Offset") under this Pledge Agreement.

  • Pledgor will deliver to Secured Parties the certificate or certificates representing the Parent Shares immediately upon the earlier of (i) payment of the Note in full or conversion of the Note into Parent, or (ii) immediately following the delivery of notice to the Pledgor/Seller of an Offset Claim which exceeds the unpaid principal amount of the Note, in order that Secured Parties might perfect their security interest therein.


More Definitions of Offset Claim

Offset Claim means an explicit environmental claim […] related to climate, where the trader claims to have balanced out [...] a share [...] of its emissions by purchasing carbon credits; [...]
Sample 1
Offset Claim means an indemnification claim for any Loss arising under Section 8.2(a)(i), other than any such claim for any Loss as a result of, arising out of or in connection with any inaccuracy or breach of the Company Fundamental Representations, the Tax Representations, or the Healthcare Representations.
Sample 1

Related to Offset Claim

  • Direct Claim has the meaning set forth in Section 8.05(c).

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • 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.

  • 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.

  • 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;

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

  • Disputed Claim means any Claim that is not Allowed.