Property Claims definition

Property Claims means (a) all Claims timely filed in accordance with the order of the Court issued on October 17, 1984, as amended and clarified by the Court, against one or more of the Debtors (under any theory of law, equity or admiralty), other than AH Claims and other Claims for death, personal injuries or personal damages, for damages arising or allegedly arising from the presence in buildings or other structures of asbestos (alone or as contained in asbestos-containing products), which was sold, supplied or produced, or allegedly sold, supplied or produced, by one or more of the Debtors prior to the Confirmation Date, or for which one or more of the Debtors is otherwise liable or allegedly liable due to the acts or omissions of one or more of the Debtors prior to the Confirmation Date, including, without limitation, all Claims for compensatory damages (such as proximate, consequential, general and special damages) and punitive damages, (b) all Claims timely filed in accordance with the order of the Court issued on October 17, 1984, as amended and clarified by the Court, or in accordance with any subsequent applicable order of the Court, against one or more of the Debtors in respect of warranty, guarantee, indemnification or contribution liabilities or obligations of any of the Debtors to any other Person to the extent that such warranties, guarantees, indemnifications or contribution responsibilities cover claims against such other Person that would, if such claims had been made directly against any of the Debtors, constitute Property Claims under Clause (a) above and (c) all Claims timely filed against one or more of the Canadian Companies where such Claims, if made and timely filed against one or more of the Debtors instead, would constitute Property Claims under Clause (a) or (b) above. Where the context requires, Property Claims shall also mean claims in respect of Property Claims filed with the PD Claims Resolution Facility in accordance with the provisions thereof.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Property Claims means all claims, actions, causes of action, demands, liens, rights, judgments, settlements, awards, compensation, and damages of every kind and nature (other than the Insurance Claims and Condemnation Claims) which Trustor now has or which may hereafter accrue against any Person, whether arising in tort, by contract or statute, or in any other manner, which in any way directly or indirectly relate to or arise out of any or all of the following: (a) the Property; (b) any existing or future fact, matter, occurrence, or transaction relating to the Property; or (c) the design, construction, improvement, development, use, ownership, operation, maintenance, repair or marketing of the Property.

Property Claims is defined in Section 2.14.4. “Public Use Component” is defined in Section 3.1.5. “Purchase Price” is defined in Section 2.2.

Examples of Property Claims in a sentence

The value of such items shall be determined as of the time of the loss thereof or damage thereto in accordance with the Personal Property Claims Guide as provided by Board of Supervisors Resolution No. 56420, dated January 18, 1977.
Caused to Goods and Property Claims in respect of damage shall be settled as follows.
There is no pending or, to any Obligor’s knowledge, threatened Intellectual Property Claim with respect to any Obligor or any of its Property (including any Intellectual Property, except for Intellectual Property Claims which could not reasonably be expected to have a Material Adverse Effect).
Buyer shall defend and indemnify Seller against those Intellectual Property Claims only to the extent that ▇▇▇▇▇▇’s allegedly infringing or misappropriating conduct is expressly requested in writing by ▇▇▇▇▇.
The Buyer Parties agree to cooperate and assist Seller in the defense of any Intellectual Property Claims, at Seller’s cost.
Owner shall, and shall cause other Owner Indemnitees to, agree to reasonably cooperate and assist Contractor in the defense of any Intellectual Property Claims, at Contractor’s cost.
O&M Contractor understands that Owner makes no representation that O&M Contractor will be safe from any Intellectual Property Claims in operating or maintaining the Project as required under this Agreement.
The value of such items shall be determined as of the time of the loss thereof or damage thereto in accordance with the Personal Property Claims Guide as provided by Board of Supervisors Resolution No. 56420, dated January 18, 1977, and as amended by Board of Supervisors Resolution No. 90-0721 dated April 24, 1990.
O&M Contractor agrees to indemnify, defend, and hold harmless the Indemnitees from and against any and all Intellectual Property Claims, arising out of or relating to any infringement or the improper use of any Intellectual Property Rights which may occur in connection with O&M Contractor’s or any Subcontractor’s or vendor’s performance of the Services pursuant to this Agreement.
The value of such items shall be determined as of the time of the loss thereof or damage thereto in accordance with the Personal Property Claims Guide as provided by the Board of Supervisors Resolution No. 56420, dated January 18, 1977.

More Definitions of Property Claims

Property Claims means any and all Claims which the Landlord ever had, now has or hereafter can, shall or may have against the Tenant in respect of the Leases, the Real Property Interests, the Premises, and/or the Property.

Property Claims means all assignable or transferable claims, remedies or causes of action of Sellers against any contractor or repairman related to any work done on or about the Land or to the extent they are in the nature of enforcing any unexpired warranty, guaranty or contract obligation to complete improvements or make repairs to the Facility.

Property Claims or the "Property" means the mineral concessions set out in Schedule A;

Property Claims means all other claims set out in paragraph (1) of this Article.

Property Claims shall have the meaning set forth in Section 503(1) below.