Resolved Claim definition

Resolved Claim a Relevant Claim that has been:

Resolved Claim means a Relevant Claim that has been:

Resolved Claim means an Indemnification Claim as to which either (a) an arbitrator or court having jurisdiction has entered a final judgment, decision, order or decree that either is not subject to appeal or as to which notice of appeal has not been timely filed or served, or (b) the Indemnifying Party has acknowledged and agreed in writing.

Examples of Resolved Claim in a sentence

• In the event that on or prior to the Maturity Date a Buyer Indemnified Party is entitled to indemnification from the Seller under Article XI of the Purchase Agreement (a “Resolved Claim”), the Company shall have the right to off-set the amount of the Resolved Claim against the principal balance of the Note, subject to the terms and conditions of Article XI of the Purchase Agreement.

• A “Payable Claim” means a claim for indemnification of Losses under this Article VIII, to the extent that such claim has not yet been satisfied, that is (i) a Resolved Claim, (ii) a Settled Claim, or (iii) an Unobjected Claim.

• A “Payable Claim” shall mean a claim for indemnification of Losses under this Article VIII, to the extent that such claim has not yet been satisfied by cash payment or by release to the Parent Indemnified Party of funds from the Escrow Fund, that is (i) a Resolved Claim, (ii) a Settled Claim, or (iii) an Unobjected Claim.

• If before the Escrow Termination Date a payment becomes due to the Buyer in respect of any Resolved Claim then within 5 Business Days after such payment becomes due an amount equal to the lower of that amount and the Escrow Amount must be paid out of the Escrow Account to the Buyer.

• Such payment shall be made by the Buyer within 5 Business Days of the Outstanding Claim becoming a Resolved Claim.

More Definitions of Resolved Claim

Resolved Claim has the meaning set forth in Section 9.10(a).

Resolved Claim means an Indemnification Claim as to which either (a) an arbitrator or court having jurisdiction has entered a final judgment, decision, order or decree that either is not subject to appeal or as to which notice of appeal has not been timely, filed or served or (b) the Indemnifying Party has acknowledged and agreed in writing.

Resolved Claim has the meaning set forth in Section 4.4(f).

Resolved Claim means any Claim or Tax Claim in respect of which notice has been given by the Buyer to the Sellers before the Escrow Termination Date and which has been resolved by:

Resolved Claim has the meaning set forth in Section 8.5(c).

Resolved Claim means a Claim that:

Resolved Claim means a Claim: (a) that has been agreed in writing between an Indemnified Party and an Indemnifying Party as to both liability and quantum; or (b) that has been finally determined (as to both liability and quantum) by a court or tribunal of competent jurisdiction from which there is no right of appeal, or from whose judgment the relevant party is debarred by passage of time or otherwise from making an appeal.