Right of Claim definition

Right of Claim. “ means the right of claim of the Lender against the Recipient of the Loan under the Loan or Consumer Credit Agreement the amount of which shall be specified in the Proposal (in the Special Part) including all the rights attached thereto or arising from it.
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Right of Claim means a right to receive payment of debt and other rights but
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Right of Claim means the right to a monetary claim arising out of an unpaid invoice, including interest, penalties and remedies provided for in the Commercial contract;
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Examples of Right of Claim in a sentence

  • Such Application is considered a Seller’s binding offer to transfer the Right of Claim on the conditions established in the Application.

  • The Buyer’s offer to acquire the Right of Claim is considered a binding acceptance to acquire the Right of Claim on the Secondary Market for the price offered.

  • The amount specified by the Seller will be considered the price that the Buyer must pay to the Seller in order to acquire the Right of Claim.

  • The Consumer shall be entitled to freely dispose of his/her Right of Claim acquired under the Loan Agreement.

  • The Operator has the right to restrict the limits of pricing of the transferable Right of Claim at its own discretion (i.e., to provide the maximum and minimum possible price ranges, within the scope of which the User may set the transfer price of the Right of Recourse).

  • The Individual Terms of Agreement provide the specific amount of the Right of Claim, other information individualizing the transferable Right of Claim, details about Loan Agreement, Borrower and Performance Securities applied for execution of Loan Agreement.

  • By doing so, the Consumer shall have to confirm the terms and conditions of the Acceptance and in that case, he/she will become the owner of the Right of Claim.

  • The Lender and the Organizer shall agree that such compensation shall be in conformity with the Transfer of the Right of Claim Agreement and the Investors Fund administered by the Organizer shall take over the Lender’s Rights of Claim in their entirety against the Recipient of the Loan.

  • This amount will be considered as the price that one Consumer must pay to the other Consumer for the Right of Claim.

  • This amount will be considered as the price that one User has to pay to another for the transferred Right of Claim.

Related to Right of Claim

  • Notice of Claim has the meaning set forth in Section 9.3.

  • date of claim means the date on which the application or claim is made, or treated as made, for the purposes of this scheme

  • Notification of Claim means the process of intimating a claim to the insurer or TPA through any of the recognized modes of communication.

  • Released Claim means the matters that are subject to release and discharge pursuant to ARTICLE 10 hereof;

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Proof of Claim and Release means the Proof of Claim and Release form for submitting a Claim, which, subject to approval of the Court, shall be substantially in the form attached hereto as Exhibit A-2, that a Class Member must complete and submit should that Class Member seek to share in a distribution of the Net Settlement Fund.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Released Plaintiff Claims means any and all manner of claims, demands, rights, liabilities, losses, obligations, duties, damages, costs, debts, expenses, interest, penalties, sanctions, fees, attorneys’ fees, actions, potential actions, causes of action, suits, agreements, judgments, decrees, matters, counterclaims, offsets, issues, and controversies of any kind, nature, or description whatsoever, whether accrued or unaccrued, disclosed or undisclosed, apparent or not apparent, foreseen or unforeseen, matured or not matured, suspected or unsuspected, liquidated or not liquidated, fixed or contingent, whether based on state, local, federal, statutory, regulatory, common, or other law or rule, including known claims and Unknown Claims, that (a) were asserted in the Derivative Matters, or (b) Plaintiffs (individually or derivatively on behalf of AMC) or AMC ever had, now have, or hereafter can, shall, or may have that, in full or in part, concern, relate to, arise out of, or are in any way connected to the claims, allegations, transactions, facts, circumstances, events, acts, disclosures, statements, representations, omissions, or failures to act alleged, set forth, referred to, or involved in the Derivative Matters. For the avoidance of doubt, the Released Plaintiff Claims shall not include any claims to enforce the Stipulation or the Settlement.

  • D&O Claim means any right or claim of any Person against one or more of the Directors and/or Officers howsoever arising on or before the D&O Bar Date, for which the Directors and/or Officers, or any of them, are by statute liable to pay in their capacity as Directors and/or Officers or which are secured by way of any one of the Directors’ Charges;

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Releasing Party has the meaning set forth in Section 12.2.

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • Released Party means collectively, and in each case in its capacity as such:

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Exculpated Claim means any claim related to any act or omission in connection with, relating to or arising out of the Debtors’ in or out-of-court restructuring efforts (including any and all actions associated with exploration and solicitation of financing/refinancing opportunities, sales or similar transactions, restructurings, the Chapter 11 Cases, formulation, preparation, dissemination, negotiation or filing of the Disclosure Statement or the Plan or any contract, instrument, release or other agreement or document created or entered into in connection with the Disclosure Statement or the Plan, the filing of the Chapter 11 Cases, the pursuit of confirmation of the Plan, the administration and implementation of the Plan, the issuance of the Series 2020 Note and the execution of 2020 Bond Documents, or the distribution of property under the Plan or any other related agreement; provided, however, that Exculpated Claims shall not include any act or omission that is determined in a Final Order to have constituted gross negligence, willful misconduct or fraud to the extent imposed by applicable non-bankruptcy law. For the avoidance of doubt, no Cause of Action, obligation or liability expressly established or preserved by the Plan or the Plan Supplement constitutes an Exculpated Claim.

  • IPR Claim means any claim of infringement or alleged infringement (including the defence of such infringement or alleged infringement) of any IPR, used to provide the Services or as otherwise provided and/or licensed by the Supplier (or to which the Supplier has provided access) to the Authority in the fulfilment of its obligations under this Framework Agreement;

  • Defense shall include investigations of any threatened, pending or completed action, suit or proceeding as well as appeals thereof and shall also include any defensive assertion of a cross-claim or counterclaim;

  • Third Party Infringement Claim has the meaning set forth in Section 23.5.1.

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Indemnified Party shall have the meaning set forth in Section 5(c).