Claims Amount means the aggregate sum of £8,000,000;

Claims Amount means, in relation to each Vendor, such amount, at the relevant time, as is equal to the aggregate of all amounts which the Purchaser has claimed (by way of notification of such claim by the Purchaser to such Vendor in accordance with paragraphs 2.1 to 2.5 of Schedule 6 to this Agreement) are due from such Vendor pursuant to any Relevant Claim which has not, at the relevant time, either (i) been withdrawn in writing by the Purchaser, or (ii) become a Settled Claim in respect of which such Vendor has paid or otherwise settled in full his liability to the Purchaser under this Agreement;

Claims Amount means the Escrow Amount together with interest which accrues thereon or so much thereof as remains subject to the provisions of this agreement from time to time and to the extent standing to the credit of the Escrow Account;

Examples of Claims Amount in a sentence

Claims Amount: the amount paid (or payable) for Members’ claims (including fees such as Access Fees, AEA Fees and amounts paid as part of a VBP or in settlement of claims or in satisfaction of a judgment).
Third Party Health Insurance Cost Avoidance Claims Amount by Carrier b.
If a Claim Notice has been properly issued by Pledgee, then the rights granted under this Paragraph 7(a) shall be exercisable by Pledgee, rather than Pledgor, with respect to Collateral having a Value equal to the Estimated Claims Amount (the “Claims Pending Collateral”), with Pledgor retaining the rights granted hereunder relating to all other Collateral.
This Advance Payment is an estimate of the Claims Amount for one (1) month.
Group shall provide all funds necessary to pay the Claims Amount associated with Covered Persons pursuant to this Plan.

More Definitions of Claims Amount

Claims Amount shall be mean an amount equal to (x) the amount expressly accrued in the final determination of Closing Date Net Working Capital for all public liability claims that are incurred prior to Closing (which, for the avoidance of doubt, includes all claims set forth on Schedule 3.10 under the heading “Litigation - Insured”) and all Pre-Closing Workers Compensation Claims, plus (y) five million dollars ($5,000,000).

Claims Amount means the amount of the Claim with respect to each of (i) Vxxxxxx Xxxx Claims, (ii) Jersey Bond Claims, (iii) Pride Bond Claims, (iv) Ensco International Bond Claims and (v) Legacy Rxxxx Xxxx Claims.

Claims Amount means the amounts to which an Approved Claimant is entitled following the application of all reductions according to the terms of this Settlement Agreement.

Claims Amount means, in the event that Buyer is entitled to indemnification by Seller hereunder and has made a claim against Seller within the Holdback Period, as defined below, for such indemnification, the portion of the Escrow Deposit, as defined below, necessary to satisfy all of such indemnification obligations of Seller.

Claims Amount has the meaning set forth in Section 11.5(e).

Claims Amount means the amount available to satisfy Class Member claims under the Distribution Protocol (in the form of Schedule D hereto) after Administration Expenses and Class Counsel Fees and Disbursements have been paid from the Total Settlement Maximum. This represents the maximum available funds for the Consumer Cash Payments and the Consumer Credit Payments combined (as these terms are defined below).

Claims Amount means $20,000,000, which is that portion of the Escrow Deposit designated in the Escrow Agreement as a source of funds for payment of post-closing indemnification claims made by the Surviving Corporation pursuant to Article VIII hereof, the then current amount of which shall, on December 31, 2006, be reduced to the sum of $10,000,000, plus the maximum potential amount of any such indemnification claims which have been made and not yet paid or resolved on or before December 31, 2006, and the remaining amount of which (less the amount of any such indemnification claims which have been made and not yet paid or resolved on or before March 31, 2008) shall be released on March 31, 2008, in each case in accordance with the provisions of the Escrow Agreement; provided, however, that during the period after December 31, 2006 and prior to March 31, 2008, any amounts above $10,000,000 with respect to pending claims shall be released promptly after each such claim is finally resolved.