Examples of Pending Claim Amount in a sentence
For purposes of this Section 8.5, the “Aggregate Distribution Amount” shall be the Aggregate Escrow Balance as of the Expiration Date minus the Aggregate Pending Claim Amount.
In any event, the Seller and the Purchaser agree to issue a Joint Notice with respect to a Pending Claim Amount as soon as practicable after the relevant Pending Claim is settled.
The Dialogue is essentially there to help a core community of about 500 people reach a consensus.” • Handling potential conflicts: “It’s a huge chal- lenge to reconcile so many different opinions and avoid conflicts in the process.” • Handling potential attacks: “Openness is always an invitation, also for trolls.
Notwithstanding the foregoing, if, on the Final Escrow Release Date, there are any pending claims by a Parent Indemnified Party for Losses that are contested or not resolved, the Escrow Agent shall continue to hold that portion of the Escrow Amount equal to the amount of such pending claim on that date (the "Pending Claim Amount") in escrow for the benefit of the Parent Indemnified Parties.
In any event, the Seller and the Purchaser agree to issue Joint Written Instructions with respect to a Pending Claim Amount as soon as practicable after the relevant Pending Claim is settled.