Outstanding Claims Amount definition

Outstanding Claims Amount has the meaning set forth in Section 20.1B.
Outstanding Claims Amount means the aggregate amount of Outstanding Claims; provided that, if such aggregate amount is less than Twenty-Five Million U.S. Dollars (U.S.$25,000,000), the Outstanding Claims Amount shall be Zero U.S. Dollars for purposes of calculating the Aggregate Cap. “Outstanding Claims” means good faith claims asserted by Owner Group against any member of Contractor Group, arising out of acts or omissions occurring before Substantial Completion of Subproject 1, which remain outstanding as of the date of Substantial Completion of Subproject 1. Outstanding Claims shall not include any claims that fall within the Carve-Outs.
Outstanding Claims Amount means the aggregate amount of Outstanding Claims; provided that, if such aggregate amount is less than *** U.S. Dollars (U.S.$***), the Outstanding Claims Amount shall be Zero U.S. Dollars for purposes of calculating the Aggregate Cap. “Outstanding Claims” means good faith claims asserted by Owner Group against any member of Contractor Group, arising out of acts or omissions occurring before Substantial Completion, which remain outstanding as of the date of Substantial Completion. Outstanding Claims shall not include any claims that fall within the Carve-Outs.

Examples of Outstanding Claims Amount in a sentence

  • This Escrow Agreement shall be terminated automatically either (a) on the date on which all of the Escrow Property has been distributed or (b) on the later of (i) [15 months after closing] and (ii) the date on which there is no Outstanding Claims Amount.

  • At any time following the Release Date (as defined below), Stockholder Representative may request a disbursement from the Escrow Fund in respect of any Outstanding Claims Amount (as defined below) by sending written notice to Parent and to the Escrow Agent (a "Stockholder Representative Demand").

  • On the date eighteen (18) months from the date hereof (the "Release Date"), the Escrow Agent shall pay to Stockholder Representative (on behalf of the Stockholders) the full amount of the Escrow Fund less the aggregate Pending Claim Amounts (as defined in the Merger Agreement), which amount shall be specified in writing to the Escrow Agent jointly signed by Parent and Stockholder Representative (the "Outstanding Claims Amount").

  • From Zeneca’s standpoint, the settlement neutralized the first‐filer threat, by removing from litigation the single firm, Barr, with entitlement to the 180‐day exclusivity period.

  • This Escrow Agreement shall be terminated automatically either (a) on the date on which all Escrow Property has been distributed or (b) the earlier of (i) on the Final Release Date, provided that there is no existing Outstanding Claims Amount and (ii) the first date after the Final Release Date on which there is no existing Outstanding Claims Amount.

  • This Escrow Agreement shall be terminated automatically either (a) on the date on which all Escrow Property has been distributed, or (b) on the later of (i) April 29, 2010 and (ii) the date on which there is no Outstanding Claims Amount.


More Definitions of Outstanding Claims Amount

Outstanding Claims Amount means the aggregate amount of Outstanding Claims; provided that, if such aggregate amount is less than Twenty Million U.S. Dollars (U.S.$20,000,000), the Outstanding Claims Amount shall be Zero U.S. Dollars for purposes of calculating the Aggregate Cap. “Outstanding Claims” means good faith claims asserted by Owner Group against any member of Contractor Group, arising out of acts or omissions occurring before Substantial Completion of Subproject 5, which remain outstanding as of the date of Substantial Completion of Subproject 5. Outstanding Claims shall not include any claims that fall within the Carve-Outs.
Outstanding Claims Amount means, as of a particular date, an amount equal to the amount of any and all claims for indemnification from the Sellers with respect to pending claims asserted by the Buyer or any other Buyer Indemnified Person (including claims asserted in a notice described in clause (a), but not yet paid), as certified to Escrow Agent (including in a notice described in clause (a)) and the Sellers’ Representative in a written instrument executed by the Buyer, which instrument shall include a description of the amount and nature of such claims and Losses.
Outstanding Claims Amount means, as of a particular date, the sum of all pending and unpaid claims for indemnification made by Buyer pursuant to Section 9 of the ACI APA or Section 8 of the JNJ APA, as certified to the Escrow Agent and the Seller in a written instrument executed by the Buyer, which instrument shall include a description (including reasonable detail of the facts giving rise to each claim, if known, and the provision of the ACI APA or JNJ APA under which the claim arises) of the amount and nature of such claims; provided, however, that it is hereby agreed and acknowledged that any such claims for indemnification may only be made by Buyer against any remaining Escrow Amount, and not against any Distributions. [*] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Outstanding Claims Amount. 11.1(a) “Parachute Payment Waiver” 2.2(b)(xvi) “Permitted Issuances” 5.2(e) “Personal Data” 3.10(a)(xiv) “Pre-Closing Tax Periods” 6.14(d) “Processing” 3.10(a)(xv) “Proprietary Information and Technology” 3.10(a)(xvi) “Protected Material” 13.15(b) “Relevant Claim” 10.7(b)

Related to Outstanding Claims Amount

  • Controlling Class means (a) the Outstanding Class A Notes, (b) if no Class A Notes are Outstanding, the Outstanding Class B Notes and (c) if no Class B Notes are Outstanding, the Outstanding Class C Notes.

  • Required Subordinated Amount of Class C Notes means, for the Class B ( - ) Notes for any date of determination, an amount equal to the sum of

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Unencumbered Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes, an amount equal to the product of

  • Net Amount of Eligible Accounts means the gross amount of Eligible Accounts less (a) sales, excise or similar taxes included in the amount thereof and (b) returns, discounts, claims, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed with respect thereto.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Excess Subordinate Principal Amount With respect to any Distribution Date on which the aggregate Certificate Principal Balance of the Class of Subordinate Certificates then outstanding with the Lowest Priority is to be reduced to zero and on which Realized Losses are to be allocated to such class or classes, the excess, if any, of (i) the amount that would otherwise be distributable in respect of principal on such class or classes of Certificates on such Distribution Date over (ii) the excess, if any, of the aggregate Certificate Principal Balance of such class or classes of Certificates immediately prior to such Distribution Date over the aggregate amount of Realized Losses to be allocated to such classes of Certificates on such Distribution Date as reduced by any amount calculated pursuant to Section 4.02(b)(i)(E). With respect to any Mortgage Pool that is comprised of two or more Loan Groups, the Excess Subordinate Principal Amount will be allocated between each Loan Group on a pro rata basis in accordance with the amount of Realized Losses attributable to each Loan Group and allocated to the Certificates on such Distribution Date.

  • Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

  • Outstanding Obligations means, as of any date, and giving effect to making any Extensions of Credit requested on such date and all payments, repayments and prepayments made on such date, the sum of (a) the aggregate outstanding principal amount of all Loans, and (b) all Letter of Credit Usage.

  • Aggregate Class A Unpaid Interest Shortfall As to any Distribution Date, an amount equal to the sum of the Class A Unpaid Interest Shortfalls for all the Classes of Class A Certificates.

  • Required Subordinated Amount means, as of a date, the sum of:

  • Majority in liquidation amount of the Capital Securities means Holder(s) of outstanding Capital Securities, voting together as a class, but separately from the holders of Common Securities, of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all Capital Securities then outstanding.

  • Excess Subordinated Amount With respect to any Distribution Date, the excess, if any, of (a) the Subordinated Amount on such Distribution Date over (b) the Specified Subordinated Amount for such Distribution Date.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Loans outstanding on such date plus (ii) the LC Outstandings on such date. The Outstanding Credits with respect to any Lender at any time shall be its Commitment Percentage of the total Outstanding Credits at such time.

  • Outstanding Notes shall have the meaning set forth in Section 7.9(ii).

  • Required Subordinated Percentage of Class C Notes means, for the Class A(2022-1) Notes, 8.86075950%, subject to adjustment in accordance with Section 2.02.

  • Required Subordinated Percentage of Class B Notes means, for the Class A(2022-1) Notes, 6.96202532%, subject to adjustment in accordance with Section 2.02.

  • Aggregate Subordinate Percentage As to any Distribution Date, the percentage equivalent of a fraction the numerator of which is the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates and the denominator of which is the Pool Balance for such Distribution Date.

  • Encumbered Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes, an amount equal to the product of

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • Outstanding Interest Advances means, as of the last day of a Collection Period with respect to a Receivable, the portion of Outstanding Advances allocable to interest.

  • Required Subordinated Percentage of Class D Notes means, for the Class A(2022-1) Notes, 10.75949368%, subject to adjustment in accordance with Section 2.02.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.