Recovered Sum definition

Recovered Sum means the amount recovered by the Buyer under clause 10.7 ("Recovery").
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Recovered Sum means any costs of the Case payable by the Opponent or other party to the Client, and Damages payable by the Opponent or other party to the Client.
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Recovered Sum means the amount recovered by the Claiming Party under clause 8.6.
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Examples of Recovered Sum in a sentence

  • If the recovery is delayed until after the Claim has been paid by the Seller to the Buyer the Recovered Sum will be paid to the Seller.

  • The final Net Recovered Sum is therefore $17.5m ($30m minus $7.5m minus $5m) and 70% of that amount is $12.25m.

  • If the matter were Finally Determined, the Net Recovered Sum would be $19.6m and 70% of $19.6m ($13.72m) would be payable to the Relevant Sellers.

  • If the recovery is delayed until after the Claim has been paid by the Seller to the Buyer, the Recovered Sum will be paid by the Buyer to the Seller immediately following the Buyer receiving the Recovered Sum.

  • If the Seller does recover any sum (the Recovered Sum) from any Defaulting Subscriber that should have been paid as subscription price by that Defaulting Subscriber, then the Seller shall procure the transfer by the Seller Group to that Defaulting Subscriber of the number of shares of US$0.001 each in the capital of HMR Topco that would result from dividing an amount in US$ equal to the Recovered Sum by 10.

  • If the recovery is delayed until after the Claim has been paid by Non-Claiming Party to the Claiming Party, the Recovered Sum will be paid to the Non-Claiming Party.