Settlement Opportunity definition
Settlement Opportunity means an Insurer recommended settlement that is within the Policy Aggregate Limit of Liability, Separate Limit of Liability or Shared Limit of Liability, if any, and that is acceptable to the claimant.
Settlement Opportunity means the potential opportunity of the FTCP Business to settle, in full or in part, the matter identified in Item 3 of Section 3.9 of the Disclosure Schedule, discussions with respect to which have occurred prior to the date hereof with the assistance of Honeywell and certain of its Affiliates.
Settlement Opportunity means a settlement that is within the policy Limit of Insurance, is recommended by us and is agreed to by the claimant.
Examples of Settlement Opportunity in a sentence
The parties agree that, subject to any change mutually agreed in good faith by the parties after the date hereof, Honeywell values each of the License Opportunity and the Settlement Opportunity as set forth in Exhibit D.