Sponsor Claims definition

Sponsor Claims means any and all outstanding Claims that APC Holdings, the Consenting Sponsors, and/or any controlled affiliates of the Consenting Sponsors, solely in their capacities as such, may have against the Debtors; provided that the Sponsor Claims shall not include (a) any Term Claims held by any Consenting Sponsor, (b) rights of any of the Consenting Sponsors based on, arising from, or related to the Plan, (c) Claims based on, arising from, or related to any Indemnification Provisions or D&O Liability Insurance Policies, or (d) any Claims entered into on an arm’s length basis in the ordinary course of business by any portfolio company of the Consenting Sponsors.
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Sponsor Claims means any and all outstanding Claims that Topco, the Sponsors, and/or any controlled affiliates of the Sponsors, solely in their capacities as such, may have against the Debtors (but excluding,for the avoidance of doubt, any Second Lien Claims that any of the Sponsors or any of their respective Affiliates may hold as of the Petition Date, which such Second Lien Claims shall be treated as Class 6 Claims hereunder).
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Sponsor Claims means the Unsecured Claims of the Sponsor against the Company, including those Claims that it purchased from other creditors of the Company.
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Examples of Sponsor Claims in a sentence

  • The Risk Matrix presented in Table 1.4, is referred in evaluating the assessment.

  • Notwithstanding anything herein to the contrary, this Agreement is intended only to bind Designated Entities to the extent of the Designated Entities Claims and the Plan Sponsors to the extent of the Plan Sponsor Claims within their actual control or authority, including but not limited to the authority to provide votes and consents with respect thereto (the “Controlled Claims”).

  • Context The School Corporation could not provide supporting documentation (Meal Count Reports) for the Monthly Sponsor Claims (claim for reimbursement) filed during 2016-2017.

  • This Agreement shall in no way be construed to preclude any Plan Sponsor from acquiring additional Sponsor Claims; provided, however, that, subject to Section 11 hereof, any such additional holdings shall automatically be deemed to be subject to all of the terms of this Agreement (but shall not be taken into account for purposes of Section 2(e)).

  • Unless otherwise directed by Plan Sponsor, Claims Administrator is hereby delegated full authority to pursue Subrogation and related third party recovery rights as agent for Plan Sponsor.

  • The Annual Financial Reports (AFR), Monthly Sponsor Claims for Reimbursement, and School Food Authority (SFA) the Verification Collection Reports were prepared and submitted by one individual, without a documented oversight, review, or approval process.

  • The School Corporation could not provide fiscal year 2016-2017 supporting documentation (Meal Count Reports) for the Monthly Sponsor Claims (claim for reimbursement).

  • The School Corporation did not have proper oversight and monitoring of the preparation and reporting of the Monthly Sponsor Claims (claim for reimbursement) and the Annual Financial Report (AFR).

  • To the extent permitted by their respective insurers, the Sponsor and Xxxxx shall waive all rights against each other and, with respect to the Sponsor, all Sponsor Claims against all Xxxxx Entities, for damages caused by fire or other causes of loss to the extent covered by the insurance required to be obtained by the parties pursuant to this Agreement.

  • Reporting Monthly Sponsor Claims (claim for reimbursement), Annual Financial Reports, and School Food Authority (SFA) Verification Collection Reports were completed by one individual without any oversight, review, or approval process to ensure their accuracy.


More Definitions of Sponsor Claims

Sponsor Claims means all debts and liabilities of the Issuer to the Sponsor, whether such debts and liabilities now exist or are hereafter incurred or arise, or whether the obligations of the Issuer thereon be direct, contingent, primary, secondary, several, joint and several, or otherwise, and irrespective of whether such debts or liabilities be evidenced by note, contract, open account, or otherwise, and irrespective of the person or persons in whose favor such debts or liabilities may, at their inception, have been, or may hereafter be created, or the manner in which they have been or may hereafter be acquired by the Sponsor. The Sponsor Claims shall include without limitation all rights and claims of the Sponsor against the Issuer (arising as a result of subrogation or otherwise) as a result of the Sponsor’s payment of all or a portion of the Guaranteed Obligations. During the existence of an Event of Default, the Sponsor shall not receive or collect, directly or indirectly, from the Issuer or any other party any amount upon the Sponsor Claims.
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Sponsor Claims means (a) any and all claims arising under the governance documents of the Company or UTAC or, as applicable, general corporate, limited liability company, or partnership statutes of the jurisdiction of incorporation or formation, or pursuant to contract or written agreement, including without limitation any shareholder, management, advisory, consulting, investor rights, or other agreements which benefit either or both of the Sponsors, (b) any and all Litigant Claims held by such Sponsors, (c) any and all Noteholder Claims held by such Sponsors, and (d) any and all Claims of the Affiliate Noteholder as beneficial holder of Additional Notes.
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Related to Sponsor Claims

  • Prior Claims means the Competing Claims to which the Authority’s right to the Building Aid is subordinated by the School Financing Act.

  • Senior Claims means, (a) with respect to the RBL Priority Collateral, each of the First-Priority Lien Obligations secured by such Collateral and, (b) with respect to the Term/Notes Priority Collateral, each of the Second-Priority Lien Obligations secured by such Collateral.

  • Incurred claims means total claims paid during the experience period, adjusted for the change in claim reserve. (7-1-93)

  • 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;

  • Guarantor Claims means all debts and liabilities of Borrower to Guarantor, whether such debts and liabilities now exist or are hereafter incurred or arise, or whether the obligation of Borrower thereon be direct, contingent, primary, secondary, several, joint and several, or otherwise, and irrespective of whether such debts or liabilities be evidenced by note, contract, open account, or otherwise, and irrespective of the person or persons in whose favor such debts or liabilities may, at their inception, have been, or may hereafter be created, or the manner in which they have been or may hereafter be acquired by Guarantor. The Guarantor Claims shall include without limitation all rights and claims of Guarantor against Borrower arising as a result of subrogation or otherwise as a result of Guarantor’s payment of all or a portion of the Liabilities. Until the Liabilities shall be paid and satisfied in full and Guarantor shall have performed all of its obligations hereunder, Guarantor shall not receive or collect, directly or indirectly, from Borrower or any other party any amount upon the Guarantor Claims if an Event of Default exists at the time of such receipt or collection.

  • Section 510(b) Claims means any Claim against any Debtor: (a) arising from the rescission of a purchase or sale of a Security of any Debtor or an affiliate of any Debtor; (b) for damages arising from the purchase or sale of such a Security; or (c) for reimbursement or contribution Allowed under section 502 of the Bankruptcy Code on account of such a Claim; provided that a Section 510(b) Claim shall not include any Claims subject to subordination under section 510(b) of the Bankruptcy Code arising from or related to an Interest.

  • 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;

  • Released PAGA Claims means the claims being released as described in Paragraph 6.2 below.

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.

  • Excluded Claims means (a) any claim arising from Customer’s breach of Section 1.4 (Use Restrictions), 2.3 (Rights in Customer Data); (b) any amounts payable to third parties pursuant to Customer’s indemnification obligations under Section 2.4 (Indemnification by Customer) or AvePoint’s indemnification obligations under Section 8 (Indemnification); (c) Customer’s breach of Section 3 (Ownership); or (d) unlawful or willful misconduct or gross negligence.

  • Covered Claims Claim" means any claim, dispute or controversy between you and us that in any way arises from or relates to this Agreement, the Account, the issuance of any Card, any rewards program, any prior agreement or account. "Claim" includes disputes arising from actions or omissions prior to the date any Card was issued to you, including the advertising related to, application for or approval of the Account. "Claim" has the broadest possible meaning, and includes initial claims, counterclaims, cross-claims and third-party claims. It includes disputes based upon contract, tort, consumer rights, fraud and other intentional torts, constitution, statute, regulation, ordinance, common law and equity (including any claim for injunctive or declaratory relief). "Claim" does not include disputes about the validity, enforceability, coverage or scope of this Arbitration Provision or any part thereof (including, without limitation, the prohibition against class proceedings, private attorney general proceedings and/or multiple party proceedings described in Paragraph C.7 (the "Class Action Waiver"), the last sentence of Paragraph C.13 and/or this sentence); all such disputes are for a court and not an arbitrator to decide. However, any dispute or argument that concerns the validity or enforceability of the Agreement as a whole is for the arbitrator, not a court, to decide.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Released Claims means all Released Defendants’ Claims and all Released Plaintiffs’ Claims.

  • Insured Claims means those Liabilities that, individually or in the aggregate, are covered within the terms and conditions of any of the Company Policies, whether or not subject to deductibles, co-insurance, uncollectability or retrospectively-rated premium adjustments, but only to the extent that such Liabilities are within applicable Company Policy limits, including aggregates.

  • Subordinated Claims means the aggregate amount of all claims admitted in the winding up or dissolution of the Issuer which rank, or are expressed to rank, junior to claims in respect of the Senior Non-Preferred Notes or other Senior Non-Preferred Claims, including (without limitation) claims of creditors in respect of the Subordinated Notes, and the obligations of the Issuer which constitute, or would but for any applicable limitation on the amount of such capital constitute, Tier 2 Capital, Additional Tier 1 Capital (including, without limitation, the Issuer’s permanent interest bearing shares (if any)) or CET1 Capital (including the Issuer’s core capital deferred shares (if any)); and

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Agreed Claims shall have the meaning set forth in Section 8.6(c).

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Related Claims means all Claims for Wrongful Acts based upon, arising out of, resulting from, or in any way involving the same or related facts, circumstances, situations, transactions or events or the same or related series of facts, circumstances situations, transactions or events, whether related logically, causally or in any other way.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor.

  • Senior Lender Claims means (a) the principal of all Indebtedness outstanding under one or more of the Senior Lender Documents to the extent not prohibited by the Indenture (as in effect on the date hereof), and (b) all other Obligations not constituting principal of Indebtedness of any Obligor under the Senior Lender Documents, including, without limitation, all claims under the Senior Lender Documents for interest, fees, expense reimbursements, indemnification and other similar claims. Senior Lender Claims shall include all interest accrued or accruing (or which would, absent the commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with and at the rate specified in the Senior Credit Agreement whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding. To the extent any payment with respect to the Senior Lender Claims (whether by or on behalf of any Obligor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be fraudulent or preferential in any respect, set aside or required to be paid to a debtor in possession, trustee, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not occurred. Notwithstanding anything to the contrary contained in the first sentence of this definition, any principal Indebtedness (including reimbursement obligations for drawn or undrawn letters of credit) incurred under the Senior Credit Agreement shall constitute a "Senior Lender Claim" (whether or not such Indebtedness is at any time determined not to have been permitted to be incurred under the Indenture), to the extent, after giving effect to such incurrence, the aggregate principal amount of Indebtedness outstanding under the Senior Credit Agreement does not exceed $15,000,000 (less any prior permanent reductions in the Revolving Loan Commitment).

  • Released Class Claims means the claims being released as described in Paragraph 6.2 below.

  • Approved Claims means complete and timely claims, submitted by Settlement Class Members, that have been approved for payment by the Settlement Administrator.

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;