Total Claim Amount definition

Total Claim Amount means the total of all Customer charges for equipment, labor, consumables, administrative costs, processing costs and other costs outlined, defined, and/or authorized by Customer’s jurisdictional law, code, resolution or ordinance, as set forth on Customer reimbursement cost schedule.
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Total Claim Amount means all amounts expended by Licensor and/or Licensee in connection with any third party claim of infringement or misappropriation in a Defense Action, including, but not limited to, attorney fees and legal costs, and/or a royalty or other amount that must be paid to a third party as a result of a final claim or judgment or settlement.
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Examples of Total Claim Amount in a sentence

  • If the Total Claim Amount is less than $7,500,000.00, then the Settlement Account amount to be funded by American shall be $7,500,000.00.

  • Within twenty-one (21) Days of the Effective Date, American will cause an amount sufficient to cover the Total Claim Amount (but in no event less than $7,500,000.00) to be transferred to the Settlement Account as designated by the Settlement Administrator.

  • Any interest that accrues on the Total Claim Amount (or $7,500,000.00) in the Settlement Account will be the property of the Settlement Classes and added to the Refunds distributed to Settlement Class Members.

  • Under no circumstances shall American be obligated to pay more under this Settlement Agreement than the Total Claim Amount or $7,500,000.00, whichever is greater, excluding Notice and Administration Costs, the Attorneys’ Fee Award, and the Service Awards.

  • Licensee shall deduct royalty payments otherwise due to Licensor under this Agreement to account for Licensor’s share in the Total Claim Amount.

  • If the Total Claim Amount is equal to or greater than $7,500,000.00, then the Settlement Account amount to be funded by American shall be equal to the Total Claim Amount, and the Refund for each Valid Claimant shall be equal to the amount of their respective At-Issue Baggage Fees.

  • The difference between $7,500,000.00 and the Total Claim Amount shall be paid to Valid Claimants on a pro rata basis based on the amount of each Valid Claimant’s respective At-Issue Baggage Fees, and each Valid Claimant’s total Refund will be equal to their respective At-Issue Baggage Fees plus any pro rata allocation as described in this paragraph.

  • The Total Claim Amount expended by each of Licensor and Licensee shall be shared equally (subject to the below limitation on quarterly royalty payments) by Licensor and Licensee.

  • Notwithstanding the foregoing, if amounts are paid in response to a Defense Action, (i) Licensor shall at no time be paid royalty amounts less than 6% of Net Sales, regardless of the amounts paid in satisfaction of the Total Claim Amount, and (ii) Licensee’s sole means of collecting Licensor’s share of the Total Claim Amount shall be through the reduction of royalties otherwise due to Licensor from Licensee.

  • Notwithstanding the foregoing, if amounts are paid in response to a Defense Action, (i) Licensor shall at no time be paid royalty amounts less than 6% of Net Sales, regardless of the amounts paid in satisfaction of the Total Claim Amount, and (ii) Licensee's sole means of collecting Licensor's share of the Total Claim Amount shall be through the reduction of royalties otherwise due to Licensor from Licensee.