Permitted Claim definition

Permitted Claim means those claims described in STC §5.10.8.

Permitted Claim means inchoate tax liens.

Permitted Claim means an Action by the Company (i) against an Investor to enforce such Investor’s obligation to fund the Equity Commitment and Parent’s obligation to consummate the Closing in accordance with the terms of Section 3 hereof and Section 9.5(b) of the Merger Agreement (but subject to the concurrent enforcement of each Other Investor’s obligations with respect to such Other Investor’s Other Investor Equity Financing under such Other Investor’s Other Investor Equity Commitment Letter or each Other Investor confirming in writing that it is prepared to satisfy and perform its obligations thereunder with respect to such Other Investor’s Other Investor Equity Financing subject only to an Investor’s funding of its Equity Commitment), (ii) against Parent under the Merger Agreement in accordance with and subject to the terms and conditions thereof, (iii) against the Investors in accordance with and solely to the extent permitted by the Investor Limited Guarantee or (iv) against Stone Point Capital LLC (“Stone Point”) pursuant to and solely to the extent in accordance with the letter agreement, dated February 1, 2023, by and between the Company and Stone Point.

Examples of Permitted Claim in a sentence

• A single arbitrator shall hear the Permitted Claim, and shall be selected in accordance with the rules of the AAA.

• Each of the Authority and the Tribe unconditionally and irrevocably waives the jurisdiction and right of any tribal court or forum, now or hereafter existing or created, to hear or resolve any Permitted Claim.

• Each of the Authority and the Tribe unconditionally and irrevocably waives the application of any rule or doctrine relating to the exhaustion of tribal remedies, abstention or comity that might otherwise require or permit a Permitted Claim to be heard or resolved (either initially or finally) in a tribal court or other tribal forum.

• In connection with any Permitted Claim, each of the Tribal Parties agrees it will not dispute before or in any court, arbitration panel or other forum, the validity and binding effect of its waiver of sovereign immunity, consent to arbitration proceedings, consent to judicial proceedings, or waivers of the right to assert application of any rules or doctrines of exhaustion of tribal remedies or comity with respect to tribal court, all to the extent contained herein.

• Each of the Tribal Parties unconditionally and irrevocably waives the application of any rule or doctrine relating to exhaustion of tribal remedies or comity that might otherwise require a Permitted Claim be heard in a tribal court.

More Definitions of Permitted Claim

Permitted Claim has the meaning given to it in clause 12.16;

Permitted Claim has the meaning set out in Clause 10.3(a).

Permitted Claim has the meaning ascribed thereto to in Section 7.3(a).

Permitted Claim means an Action by the Company (i) against the Investor to enforce the Investor’s obligation to fund the Equity Commitment and Parent’s obligation to consummate the Closing in accordance with the terms of Section 3 hereof and Section 9.5(b) of the Merger Agreement (but subject to the concurrent enforcement of each Other Investor’s obligations with respect to such Other Investor’s Other Investor Equity Financing under such Other Investor’s Other Investor Equity Commitment Letter or each Other Investor confirming in writing that it is prepared to satisfy and perform its obligations thereunder with respect to such Other Investor’s Other Investor Equity Financing subject only to the Investor’s funding of its Equity Commitment), (ii) against Parent under the Merger Agreement in accordance with and subject to the terms and conditions thereof, (iii) against the Investor in accordance with and solely to the extent permitted by the Investor Limited Guarantee or (iv) against Xxxxxxx, Xxxxxxxx & Xxxx, LLC (“CD&R LLC”) pursuant to and solely to the extent in accordance with the Confidentiality Agreement.

Permitted Claim means the interest of the Agent, on behalf of the --------------- Banks, in certain receivables assigned pursuant to Section 2.13 of the Purchase Agreement, by NationsBank of Texas, N.A., as agent, on behalf of certain financial institutions, pursuant to the Second Amended and Restated Transfer and Administration Agreement dated as of March 10, 1995, as amended from time to time, to the Agent, on behalf of the Banks.

Permitted Claim means a claim or Legal Proceeding by the Company (i) against the Investor to enforce the Investor’s obligation to fund the Equity Commitment in accordance with the terms of Section 3 of this Commitment Letter or (ii) against Parent or Merger Sub under the Merger Agreement in accordance with and subject to the terms and conditions thereof.

Permitted Claim means a claim for Damages related to any claim or counterclaim (i) that is asserted by a third party and that if adversely determined against Buyer or any Buyer Affiliate could result in the invalidity of a Litigated Patent, and (ii) that is asserted in response to Buyer or any Buyer Affiliate having first made a claim against such third party for infringement of any claim of a Patent included in the Purchased Intellectual Property (the "Litigated Patent").