Validated Claim definition

Validated Claim means an IRS Abuse Claim that has been found to be proven: by a final decision of a DRM, the IAP, or a court; or as a result of an assessment conducted by counsel for the Government in accordance with this Agreement, including the principles set out in Section 2.9.
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Validated Claim has the meaning assigned to such term in Section 7.3(b). ARTICLE IX
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Validated Claim means an IRS Abuse Claim that has been found to be proven: by a final decision of a DRM, the IAP, or a court; or
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Examples of Validated Claim in a sentence

  • The Indemnifying Party may acknowledge and agree in writing to satisfy such claim within twenty (20) days of receipt of notice of such claim from the Indemnified Party (a "Validated Claim").

  • With respect to any Validated Claim, the Indemnifying Party shall be responsible for the payment of such claim (subject to the limits set forth in Sections 7.2(c) and 7.2(d)); provided, however, that if the Seller is the Indemnifying Party, such claim shall first be deducted from the total principal of the Note.

  • The AVB shall make the decision on: 1) granting or not the Validated Claim 2) confirming the final score 3) approving the Final Assessment Report 4) defining the verification programme.

  • Upon resolution of such dispute in favor of indemnification pursuant to the arbitration provisions set forth in Section 7.3(d) hereof, such claim shall then be a Validated Claim.

  • The AVB shall notify and obtain consent to its fee structure from the Customer prior to grant of the Validated Claim outputs.

  • Any failure in conducting verification shall result in suspension of the Validated Claim.

  • Based on the “Validated Claim” and its supporting document, the Programme Owner provides the Validated Claim Publication as well as the following additional services: • Non-financial Report (in compliance with the Directive 2014/95) • GIF Ethical Label (in compliance with ISO 17033) • Booth in the Pavillon permanent virtual fair, which aims to promote worldwide the “GIF Responsible Organizations”.

  • The “Validated Claim” Mark can be used only in relation with the Validated Claim granted to the Assessed Customer and shall not be misleading with regards to product certification.

  • The Validated Claim is formalized with the issuance of a series of documents prepared and sent by the AVB: 1) Validation Statement along with the Mark 2) Final Assessment Report 4) Validation Certificate.

  • A Respondent with a 533.004 Validated Claim by HHSC in one or more SAs will only receive a Weighted Oral Presentation Score in those SAs with a 533.004 Validated Claim or in those SAs in which they meet the Competitive Range in Section 3.1.3.3 (Advancement Criteria).

Related to Validated Claim

  • Disputed Claim means any Claim that is not Allowed.

  • Fee Claim means a Claim for Accrued Professional Compensation.

  • Approved Claim means a Claim Form submitted by a Settlement Class Member that: (a) is submitted timely and in accordance with the directions on the Claim Form and the provisions of the Settlement Agreement; (b) is fully and truthfully completed by a Settlement Class Member with all of the information requested in the Claim Form; (c) is signed by the Settlement Class Member, physically or electronically; and (d) is approved by the Settlement Administrator pursuant to the provisions of this Agreement.

  • Professional Fee Claim means a Claim by a professional seeking an award by the Bankruptcy Court of compensation for services rendered or reimbursement of expenses incurred through and including the Confirmation Date under sections 330, 331, 503(b)(2), 503(b)(3), 503(b)(4), or 503(b)(5) of the Bankruptcy Code.

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • Cure Claim means a Claim (unless waived or modified by the applicable counterparty) based upon a Debtor’s defaults under an Executory Contract or an Unexpired Lease assumed by such Debtor under section 365 of the Bankruptcy Code, other than a default that is not required to be cured pursuant to section 365(b)(2) of the Bankruptcy Code.

  • Secured Claim means a Claim: (a) secured by a valid, perfected, and enforceable Lien on collateral to the extent of the value of such collateral, as determined in accordance with section 506(a) of the Bankruptcy Code or (b) subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code.

  • Covered Claim means either a Provider Covered Claim or Customer Covered Claim.

  • Administrative Claim means a Claim for costs and expenses of administration of the Chapter 11 Cases pursuant to sections 503(b), 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including: (a) the actual and necessary costs and expenses incurred on or after the Petition Date until and including the Effective Date of preserving the Estates and operating the Debtors’ businesses; (b) Allowed Professional Fee Claims; and (c) all payments afforded administrative expense treatment under the Backstop Agreement.

  • DIP Claim means a Claim of the DIP Agent or DIP Lenders arising under the DIP Credit Agreement or any of the DIP Orders, including Claims for payment of DIP Expenses.

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Allowed Claim means an Allowed Claim of the type described.

  • Urgent Care Claim means a claim for medical care or treatment where making a non-urgent care decision: (a) could seriously jeopardize the life or health of the claimant or the ability of the claimant to regain maximum function, as determined by an individual acting on behalf of the plan applying the judgment of a prudent layperson who possesses an average knowledge of health and medicine; or (b) in the opinion of a physician with knowledge of the claimant’s medical condition, would subject the claimant to severe pain that cannot be adequately managed without the care.

  • Contested Claim means any Tax, Indebtedness or other claim or liability (i) the validity or amount of which is being diligently contested in good faith, (ii) for which adequate reserve, or other appropriate provision, if any, as required in conformity with GAAP shall have been made, and (iii) with respect to which any right to execute upon or sell any assets of the Company or of any of its Subsidiaries has not matured or has been and continues to be effectively enjoined, superseded or stayed.

  • Proven Claim means (a) a Claim of a Creditor, Finally Determined as an Allowed Claim for voting, distribution and payment purposes under the Plan, (b) in the case of the Participating CCAA Parties in respect of their CCAA Party Pre-Filing Interco Claims, and in the case of the Non-Filed Affiliates in respect of their Non-Filed Affiliate Unsecured Interco Claims and Non- Filed Affiliate Secured Interco Claims, as such Claims are declared, solely for the purposes of the Plan, to be Proven Claims pursuant to and in the amounts set out in the Amended and Restated Meetings Order, and (c) in the case of Employee Priority Claims and Government Priority Claims, as Finally Determined to be a valid post-Filing Date claim against a Participating CCAA Party;

  • Allowed Secured Claim means all or that portion of a Secured Claim which is an Allowed Claim.

  • Allowed Unsecured Claim means all or that portion of an Unsecured Claim which is an Allowed Claim.

  • Administrative Claim Bar Date means the deadline for filing requests for payment of Administrative Claims, which shall be 30 days after the Effective Date.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is:

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • Rejection Claim means a Claim arising from the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Disallowed Claim means (a) a Claim, or any portion thereof, that has been disallowed by a Final Order or a settlement, (b) a Claim or any portion thereof that is Scheduled at zero or as contingent, disputed, or unliquidated and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law, or (c) a Claim or any portion thereof that is not Scheduled and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law.

  • 503(b)(9) Claim means a Claim or any portion thereof entitled to administrative expense priority pursuant to section 503(b)(9) of the Bankruptcy Code.

  • Insured Claim means any Claim arising from an incident or occurrence alleged to have occurred prior to the Effective Date that is covered under an insurance policy applicable to the Debtors or their businesses.