Purchaser Claim definition

Purchaser Claim has the meaning specified in Section 8.2(a).

Purchaser Claim means all obligations of the Originators to the Seller and of the Originators and the Seller and, so long as Crown USA or any of its Affiliates is the Servicer, the Servicer to the Program Agent and the Purchasers arising under, or in connection with, the Program Documents and of the Obligors arising under the Purchased Receivables, including, but not limited to obligations for Collections received, deemed Collections, yield, interest, indemnifications and fees, costs and expenses thereunder, and any costs of collection or enforcement.

Purchaser Claim has the meaning set forth in Section 10.1(a).

Examples of Purchaser Claim in a sentence

• If Purchaser is of the opinion that any Purchaser Claim (as defined below) has occurred, Purchaser shall so notify the Shareholder Representative (with a copy to the Escrow Agent), and each such notice shall be in writing and shall describe with reasonable specificity the nature and amount of such asserted Purchaser Claim.

• Anything to the contrary contained elsewhere herein notwithstanding, in the event that any state or Federal income Taxes, penalties, interest or other charges are payable by the Surviving Corporation for any taxable periods ending on or prior to the Closing Date, the Surviving Corporation shall be entitled to indemnification for such amounts as if such amounts were an undisputed Purchaser Claim in accordance with the provisions of Article VII hereof.

• Any such notice of any Purchaser Claim or Selling Party Claim is referred to in this Agreement as a "Notice of Claim".

• Nothing in this Agreement will be deemed to require either the Trustee or the Bank Agent (a) to proceed against certain property securing any or all of the Bank Claim or the Purchaser Claim prior to proceeding against other property securing any such Claim or (b) to marshal the Collateral or the Purchased Property (as applicable) upon the enforcement of the Bank Agent's or the Trustee's rights or remedies under the Bank Loan Documents or Purchaser Documents, as applicable.

• The Vendors shall not be liable for any Purchaser Claim unless the aggregate amount of its liability in respect of all Purchaser Claims exceeds S$5,000, in which case, the Vendors shall be liable for the entire amount of the Purchaser Claims and not just the excess.

More Definitions of Purchaser Claim

Purchaser Claim means a Claim made by the Purchaser or the Purchaser Guarantor for breach of this Agreement including any W&I Claim and any Claim in respect of a Specific Indemnity.

Purchaser Claim means the amount of any Losses incurred or suffered by a Purchaser Indemnified Party as a result of a Breach.

Purchaser Claim means any claim, suit or proceeding --------------- commenced against Purchaser.

Purchaser Claim means all obligations of any Seller (individually or in its capacity as Servicer) or the Transferor to, or which have been assigned to or entered into in favor of, the Issuer or the Indenture Trustee arising under any Purchaser Document and of any Obligor arising under any Transferred Receivable, including, but not limited to, all sums or increases now or hereafter advanced or made to or for the benefit of the Transferor thereunder, any interest thereon, any repayment obligations, indemnity payments, fees or expenses due thereunder, and any costs of collection or enforcement.

Purchaser Claim has the meaning set forth in Section 3.1(e)(iii)(B).

Purchaser Claim means any and all duties, obligations, liabilities, responsibilities, actions, causes of action, potential causes of action, suits, rights, claims, demands, expenses and liabilities of

Purchaser Claim shall have the meaning set forth in the Escrow Agreement.