Claims Act definition

Claims Act means the Assignment of Claims Act of 1940 (31 X.X.X. §0000 and 41 et seq. X.X.X. §00 et seq.), as amended and in effect from time to time, and any rules and regulations issued from time to time thereunder.
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Claims Act the Assignment of Claims Act of 1940, as amended from time to time.
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Claims Act shall have the meaning set forth in Subsection 1.6(k). "Purchased Stock" shall mean all of the issued and outstanding shares of the Additional Borrowers. "Seller" shall mean, collectively, the ALS Trust, the TPS Trust, TPS and ALS. "Subordination Agreement" shall mean that certain Subordination Agreement dated of even date of the Amendment, by and among the Thomas X. Xxxxxxxx Xxxxxx Trust ("TPS Trust"), the Ann L. Xxxxxxxx Xxxxxx Trust ("ALS Trust") and Perma-Fix Environmental Services, Inc. "Subordinated Indebtedness" shall mean the Subordinated Debt (as defined in the Subordination Agreement). "Sullivax Xxxxxxge" shall mean that certain Mortgage dated on or about the date of the Amendment, made by Chem-Met Services, Inc. in favor of the TPS Trust and the ALS Trust. "Transaction Documents" shall mean, collectively, those certain Stock Purchase Agreements (the "Stock Purchase Agreements"), dated May 27, 1999, the first by and among Perma-Fix, Chem-Met, the TPS Trust, the ALS Trust, Thomas X. Xxxxxxxx ("XXX") and Ann L. Xxxxxxxx ("ALS"), and the second by and among Perma-Fix, Chem Con, Chem Con-Georgia, the TPS Trust, the ALS Trust, TPS and ALS, all other agreements of transfer as are referred to therein and all side letters with respect thereto and all documents, instruments, and agreements executed or delivered in connection therewith, as all of the foregoing now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated, or replaced; and (b) by amending and restating the following definitions in their entireties: * * * 1.11 "Existing Unencumbered Real Property" shall mean all Real Property of any Borrower not subject of the Mortgages, including the Real Property described on Composite Exhibit "C" to this Agreement owned by Perma-Fix of Memphis, Inc., and Perma-Fix of Ft. Lauderdale, Inc. and Perma-Fix Treatment Services, Inc. located in Tulsa, Oklahoma, respectively, as supplemented by Exhibit "C" to this Amendment with respect to Real Property respectively owned by Chem-Met Services, Inc., Chemical Conservation Corporation, and Chemical Conservation of Georgia, Inc., as indicated on Exhibit "C", but excluding the Real Property located at Latham Xxxxxx in Memphis, Tennessee owned by Perma-Fix of Memphis, Inc. (the "Latham Street Property"), the real property located in Wayne Cxxxxx, Michigan owned by Chem-Met Services, Inc., but solely to the extent such property is encumbered by the Sullivax Xxxxxxge, and the real property lo...
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Examples of Claims Act in a sentence

  • None of the account debtors in respect of any accounts, chattel paper or general intangibles and none of the obligors in respect of any instruments included in the Collateral is a governmental authority subject to the Federal Assignment of Claims Act.

  • Except as set forth in Disclosure Schedule (3.20), as of the Closing Date, no Credit Party is a party to any contract or agreement with any Governmental Authority and no Credit Party’s Accounts are subject to the Federal Assignment of Claims Act (31 U.S.C. Section 3727) or any similar state or local law.

  • Company is not a party to any contract or agreement with any Governmental Authority, and the Pledged Receivables are not subject to the Federal Assignment of Claims Act (31 U.S.C. Section 3727) or any similar state or local law.

  • Take all steps necessary to protect Agent’s interest in the Collateral under the Federal Assignment of Claims Act, the Uniform Commercial Code and all other applicable state or local statutes or ordinances and deliver to Agent appropriately endorsed, any instrument or chattel paper connected with any Receivable arising out of contracts between any Borrower and the United States, any state or any department, agency or instrumentality of any of them.

  • Except as set forth in Disclosure Schedule (3.20), as of the Closing Date, no Credit Party is a party to any contract or agreement with any Governmental Authority and no Credit Party's Accounts are subject to the Federal Assignment of Claims Act (31 U.S.C. Section 3727) or any similar state or local law.

  • Each Party otherwise will be liable for any claims or damages it incurs in connection with this CRADA, except that ICD, as an agency of the Government, assumes liability only to the extent provided under the Federal Tort Claims Act , 28 U.S.C. Chapter 171.

  • All activities will be conducted in compliance with the U.S. False Claims Act and the U.S. Anti-Kickback Statute.

  • Debtor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.

  • Take all steps necessary to protect Agent's interest in the Collateral under the Federal Assignment of Claims Act or other applicable state or local statutes or ordinances and deliver to Agent appropriately endorsed, any instrument or chattel paper connected with any Receivable arising out of contracts between any Borrower and the United States, any state or any department, agency or instrumentality of any of them.

  • Recipient and sub-recipients shall promptly refer to the DOE or other appropriate Inspector General any credible evidence that a principal, employee, agent, contractor, sub-grantee, subcontractor or other person has submitted a false claim under the False Claims Act or has committed a criminal or civil violation of laws pertaining to fraud, conflict of interest, bribery, gratuity or similar misconduct involving those funds.


More Definitions of Claims Act

Claims Act shall have the meaning set forth in subclause (i) of the definition of "Eligible Receivables."
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Claims Act means the Assignment of Claims Act of 1940, as amended from time to time.
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Claims Act means the Federal Assignment of Claims Act of 1940, 31 U.S.C. § 3727 et seq., as amended.
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Related to Claims Act

  • Assignment of Claims Act means the Assignment of Claims Act of 1940 (41 U.S.C. Section 15, 31 U.S.C. Section 3737, and 31 U.S.C. Section 3727), including all amendments thereto and regulations promulgated thereunder.

  • former Act means the Companies Act or the International Business Companies Act;

  • TIF Act means the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865, inclusive, of the Revised Statutes of Missouri, as amended.

  • Environmental Property Transfer Act means any applicable requirement of law that conditions, restricts, prohibits or requires any notification or disclosure triggered by the closure of any property or the transfer, sale or lease of any property or deed or title for any property for environmental reasons, including, but not limited to, any so-called "Industrial Site Recovery Act" or "Responsible Property Transfer Act."

  • fraudulent practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

  • Fraudulent Conveyance means a fraudulent conveyance under Section 548 of Chapter 11 of Title II of the Bankruptcy Code or a fraudulent conveyance or fraudulent transfer under the applicable provisions of any fraudulent conveyance or fraudulent transfer law or similar law of any state, nation or other governmental unit, as in effect from time to time.

  • Dishonest or Fraudulent Act means any dishonest or fraudulent act, including “larceny and embezzlement” as defined in Section 37 of the Investment Company Act of 1940, committed with the conscious manifest intent (1) to cause the Insured to sustain a loss and (2) to obtain financial benefit for the perpetrator or any other person (other than salaries, commissions, fees, bonuses, awards, profit sharing, pensions or other employee benefits). A Dishonest or Fraudulent Act does not mean or include a reckless act, a negligent act, or a grossly negligent act.

  • OHS Act means the Occupational Health and Safety Act 2004;

  • fraudulent practice means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of the Procuring Entity, and includes collusive practices among Bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the Procuring Entity of the benefits of free and open competition.

  • Medicare Regulations means, collectively, all federal statutes (whether set forth in Title XVIII of the Social Security Act or elsewhere) affecting the health insurance program for the aged and disabled established by Title XVIII of the Social Security Act and any statutes succeeding thereto; together with all applicable provisions of all rules, regulations, manuals and orders and administrative, reimbursement and other guidelines having the force of law of all Governmental Authorities (including without limitation, Health and Human Services ("HHS"), HCFA, the Office of the Inspector General for HHS, or any Person succeeding to the functions of any of the foregoing) promulgated pursuant to or in connection with any of the foregoing having the force of law, as each may be amended, supplemented or otherwise modified from time to time.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • GLB Act is defined in Section 9.2 hereof.

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.