Purchase Claims definition

Purchase Claims means Caterpillar Purchase Claims or CFSC Purchase Claims, or both, as applicable.
Purchase Claims means the outstanding liens on or claims against or in respect of any of the accounts receivable of the Borrower or any of its Subsidiaries arising out of the sale or securitization by the Borrower of any of its Subsidiaries of such accounts receivable.

Examples of Purchase Claims in a sentence

  • After payment in full of all Unclassified Claims and Claims in Classes 1 through 6, the Litigation Trust shall distribute remaining Litigation Trust Assets to holders of Class 7 Securities Purchase Claims, on a pari passu basis with holders of Class 8 Securities Class Action Claims and holders of Class 9 Equity Interests.

  • After payment in full of all Unclassified Claims and Claims in Classes 1 through 6, the Litigation Trust shall distribute remaining Litigation Trust Assets to holders of Class 9 Equity Interests, on a pari passu basis with holders of Class 7 Securities Purchase Claims and Class 8 Securities Class Action Claims.

  • Shortly thereafter, the Court appointed a Plaintiffs' Steering Committee ("PSC") and Defendant's Steering Committee to represent the parties and to meet with the Court once every month or two to review the status of the litigation.On August 2, 2005, the PSC filed a Purchase Claims Master Class Action Complaint ("Purchase Claims Complaint"), naming individual consumers who purchased Vioxx for themselves.

  • The Purchase Claims Complaint sought relief under a myriad of laws, including state consumer protection statutes.

  • In general, valid Qualifying Purchase Claims will be paid as they are approved, after the Effective Date.

  • Following those denials, Merck moved this Court to strike the Purchase Claims Complaint's class allegations.

  • To the extent that any of the amounts available to pay Healthy Screening Claims, Injury Claims, Deceased Pet Claims, Consumer Food Purchase Claims or property damage claims would be exhausted by payment of 100% of the claims made in that category, only after reducing pro rata the claims made by Settlement Class Members without supporting documentation, distribution to pet owners will be adjusted and paid on a pro rata basis.

  • Payments from the Settlement Fund for Consumer Food Purchase Claims shall be limited to an aggregate maximum of $700,000.

  • Should more funds be necessary to pay the Qualifying Purchase Claims, the Settlement Administrator shall inform Defendants who will deposit into that same escrow account additional funds to satisfy the Qualifying Purchase Claims.

  • No candidate shall be eligible for the award of the degree of Bachelor of Technology, unless he/she has undergone the course for a period of 8 semesters (4 academic years) / 6 semesters (3 academic years for Lateral Entry candidates) in the faculty of Engineering and has passed the prescribed examinations in all the semesters.

Related to Purchase Claims

  • Adverse Claim means a lien, security interest, charge or encumbrance, or other right or claim in, of or on any Person’s assets or properties in favor of any other Person.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Purchase Contract means, with respect to any Unit, the contract forming a part of such Unit and obligating the Company to (i) sell, and the Holder of such Unit to purchase, shares of Common Stock and (ii) pay the Holder thereof Contract Adjustment Payments, in each case on the terms and subject to the conditions set forth in Article 5 hereof.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Secured Claim means a Claim: (a) secured by a valid, perfected, and enforceable Lien on collateral to the extent of the value of such collateral, as determined in accordance with section 506(a) of the Bankruptcy Code or (b) subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code.