Ascertained sum definition

Ascertained sum clearly means a sum which has been determined and quantified. It is not the appellant’s case that its claim on account of alleged misappropriation by the respondent’s husband of the bank’s money has been established, and, if so, quantified or ascertained. So long as the liability, if any, of the respondent’s husband is not established and ascertained in a precise sum, we do not see how the appellant could be permitted to claim a set off.”
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Related to Ascertained sum

  • Cost of Living Adjustment means the cost-of-living adjustment prescribed by the Secretary of the Treasury under Code Section 401(a)(17), 414(v), or 457(e)(15) for any applicable year.

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Covered Species means the species for which the Bank has been established and for which Credits have been allocated as set forth in Exhibit F-1.

  • Environmental Defect Value means, with respect to any Environmental Defect, the value, as of the Closing Date, of the estimated costs and expenses to correct such Environmental Defect in the most cost-effective manner reasonably available, consistent with Environmental Laws, taking into account that non-permanent remedies (such as mechanisms to contain or stabilize hazardous materials, including monitoring site conditions, natural attenuation, risk-based corrective action, institutional controls or other appropriate restrictions on the use of property, caps, dikes, encapsulation, leachate collection systems, etc.) may be the most cost-effective manner reasonably available.

  • Threatened species means any species which is likely to become an endangered species within the foreseeable future throughout all or a significant portion of its range.