Pending Claim definition

Pending Claim has the meaning set forth in Section 9.6 hereof.

Pending Claim means a written notice to an agency which sets forth a demand for legal relief or which asserts a legal right stating the intention to institute an action in an appropriate forum if such relief or right is not granted.

Pending Claim has the meaning specified in Section 12.7.

Examples of Pending Claim in a sentence

• On a claim-by-claim basis, the amount of the Pending Claim Reserve reserved for a claim shall remain in escrow until the resolution of such claim.

• Buyer and Seller agree to promptly provide to the Escrow Agent joint written instructions to cause the Escrow Agent to release amounts from the Pending Claim Reserve as and when required in accordance with the terms of the foregoing.

• To the extent any such pending claim (or portion thereof) is finally resolved in favor of the Seller, the amount of the Pending Claim Reserve reserved for such claim (or portion thereof) shall be released from the Indemnity Escrow Fund to the Seller in accordance with the terms and conditions of the Escrow Agreement.

• To the extent any such pending claim (or portion thereof) is finally resolved in favor of a Seller Indemnitee, the amount of the Pending Claim Reserve reserved for such claim (or portion thereof) shall be paid to such Seller Indemnitee in accordance with the terms and conditions of the Escrow Agreement.

More Definitions of Pending Claim

Pending Claim means any claim for indemnification for which a Notice of Claim has

Pending Claim means a claim of a pending patent application within the Licensed Patent Rights.

Pending Claim has the meaning set forth in Section 2.10(e).

Pending Claim means a claim within any patent application in the Regulus Patents that has not been cancelled, withdrawn, or abandoned. For purposes of clarity, if any Pending Claim of a patent application subsequently issues, such claim shall be deemed to qualify as a Valid Claim (as defined herein).

Pending Claim means a bona fide pending claim in a patent application within the Licensed Patent Rights that (a) has not been disclaimed, revoked, withdrawn or abandoned; (b) has not been unappealably cancelled or rejected by any administrative agency or other body of competent jurisdiction; (c) has not been declared unpatentable by any administrative agency, under a decision of a court or other body of competent jurisdiction that is unappealable or unappealed within the time allowed for appeal; or (d) has not been lost through an interference proceeding. Notwithstanding the foregoing, any patent application within the Licensed Patent Rights listed in Schedule A that has been pending for more than [ * ] from [ * ] shall not be considered to contain any Pending Claims for purposes of this Agreement.

Pending Claim has the meaning set forth in ‎Section 8.9(a).

Pending Claim has the meaning set forth in Section 7.07(b).