Claims Determination Date definition
Examples of Claims Determination Date in a sentence
The total aggregate liability of an Indemnifying Party under this Article 8 for Claims shall not exceed an amount equal to the Market Value (as defined below) of 17,000,000 shares of EAG's Common Stock, $.001 par value per share ("EAG Common Stock"), calculated as of the date of final determination of the Claim(s) ("Determination Date").
UNINSURED PI CLAIMS SCHEDULE 3.1 As soon as practicable following the Outstanding PI Claims Determination Date, and in any event within 40 Business Days thereafter, WWL shall prepare and deliver to WWLLP the Uninsured PI Claims Schedule which shall set out WWL's summary of the Outstanding PI Claims and the Uninsured PI Claims Amount.
In cases where the Reserves are less than the maximum insurance cover applicable to the Underlying PI Claims, if WWL has not referred the matter to an expert before the 40th Business Day after the Outstanding PI Claims Determination Date, then there shall be deemed to be no Outstanding PI Claims to which this deed relates and this deed shall cease to have any further effect.