Claims Resolution Procedures definition

Claims Resolution Procedures or “CRP” shall mean the procedures, substantially in the form attached as Exhibit B in the Exhibit Book, to be implemented by the Trustee pursuant to the terms and conditions of the Plan and the Asbestos Trust Agreement, to liquidate, determine, and pay (if entitled to payment) Asbestos Claims as and to the extent set forth in such procedures.
Claims Resolution Procedures or “CRP” means the procedures, in the form attached to the Settlement Facility Agreement, to be implemented by the Settlement Facility pursuant to the terms and conditions of the Plan and the Settlement Facility Agreement, to process, review, and pay (if Allowed) Settlement Option Claims.
Claims Resolution Procedures or “CRP” means the Claims Resolution Procedures attached hereto as Annex A. The CRP are expressly incorporated herein by reference and are a part of this Settlement Facility Agreement.

Examples of Claims Resolution Procedures in a sentence

  • Prior to initiating any Claims Resolution Procedures, Trade Subcontractor must have met all other Contract requirements for change order requests, notifications, Notice of Potential Claims (NOPCs) and any other items required within Contract Documents.

  • Among other things, if the Bankruptcy Court confirms the Plan, Asbestos Claims in Class 5 will be channeled by the Asbestos Channeling Injunction to the Asbestos Trust for resolution and, if eligible, payment, in accordance with the Claims Resolution Procedures.

  • Except as expressly provided in the Plan, the Claims Resolution Procedures, or in any order entered in the Chapter 11 Cases before the Effective Date (including the Confirmation Order), no Claim shall become an Allowed Claim unless and until such Claim is deemed Allowed pursuant to the Plan or a Final Order, including the Confirmation Order (when it becomes a Final Order), Allowing such Claim.

  • The Claims Administrator shall have the plenary authority and obligation to institute procedures to assure an acceptable level of reliability and quality control of Claims and to assure that payment is distributed only for Claims that satisfy the Claims Resolution Procedures.

  • The eligibility criteria and documentation required to qualify for this settlement option are specified in the Claims Resolution Procedures.

  • All requirements of the Utah State Fire Marshal must be met and all necessary approvals and inspections must be obtained.2. Signage shall be limited to indicating there is propane available and to any necessary safety placards.

  • The Quality Control Supervisor shall institute procedures to evaluate the claims-processing functions to assure that Claims are processed accurately and in accordance with the Claims Resolution Procedures.

  • The Claims Administrator may have conducted, by an independent auditor, random audits to verify evidence and supporting documentation (including medical records and medical evidence) submitted by randomly-selected Claimants in connection with the Claims Resolution Procedures and may audit individual Claims, or groups of Claims.

  • Allowed Claims will be paid in accordance with the applicable compensation level described in the Claims Resolution Procedures and subject to the terms of this Agreement.

  • The Appeals Judge shall perform the functions as a member of the Finance Committee as specified herein and as the Appeals Judge as specified in the Claims Resolution Procedures.


More Definitions of Claims Resolution Procedures

Claims Resolution Procedures means, collectively, the Other Wildfire Claims Resolution Procedures and the Subrogation Wildfire Claims Resolution Procedures.
Claims Resolution Procedures means the process by which a Holder of Claims may Dispute the decision of the claims processor as to the Allowed amount of a Claim or whether a Claim is Allowed, which shall be set forth in the Liquidating Trust Agreement. Any such dispute shall be submitted for final and binding arbitration before (ret.) Judge George Finkle of Judicial Dispute Resolution in Seattle, Washington, and Members may have the right to seek review of such decision as may be set forth in the Liquidating Trust Agreement. The type and manner of the arbitration (in-person, by phone or video conference, or on the papers), shall be determined by the arbitrator in his sole discretion. Expenses of the arbitrator shall be paid from the Liquidating Trust. The arbitration provisions shall not apply to the States’ Class 5 Claims which shall be subject to review by the Bankruptcy Court.
Claims Resolution Procedures means the procedures established in accordance with the Plan and the Confirmation Order, substantially in the form annexed to the TCE Trust as Exhibit B thereto, as may be modified from time to time.
Claims Resolution Procedures means the procedures, to be implemented by the Asbestos Trust pursuant to the terms and conditions of the Plan, the Asbestos Trust Agreement and the Confirmation Order, governing the resolution of Asbestos Claims, substantially in the form of Exhibit 1.1.26.

Related to Claims Resolution Procedures

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Claims Procedure Order means the Order under the CCAA establishing a claims procedure in respect of the Applicant, as same may be further amended, restated or varied from time to time.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Settlement Procedures Timetable For offers to purchase Certificated Notes accepted by the Company, Settlement Procedures A through F set forth above shall be completed as soon as possible following the trade but not later than the respective times (New York City time) set forth below: Settlement Procedure Time ---------- ----

  • Dispute Resolution Process means the process described in clause 9

  • Dispute Resolution Scheme means the Electricity and Gas Complaints Commission or such other dispute resolution scheme approved or provided for in accordance with section 95 of the Act;

  • Claims Bar Date Order means that certain order entered by the Bankruptcy Court establishing the Claims Bar Date.

  • Auction Procedures means the auction procedures constituting Part II of the form of Statement as of the filing thereof.

  • Bidding Procedures means the bidding procedures approved by the Bankruptcy Court pursuant to the Bidding Procedures Order.

  • AML/KYC Procedures means the customer due diligence procedures of a Reporting Finnish Financial Institution pursuant to the anti-money laundering or similar requirements of Finland to which such Reporting Finnish Financial Institution is subject.

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • Ordering Procedures means the ordering and award procedures specified in Clause 6 (Ordering Procedures) and Framework Schedule 5 (Ordering Procedure);

  • Settlement Procedures means the Settlement Procedures attached hereto as Exhibit A.

  • dispute resolution proceeding ’ means any process in which an alternative means of dispute resolution is used to resolve an issue in controversy in which a neutral is appointed and specified parties participate;

  • Procedures Manual means the standards and procedures manual described in Section 11.3.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Claims Bar Date means the applicable bar date by which Proofs of Claim must be Filed, as established by: (a) the Bar Date Order; (b) a Final Order of the Bankruptcy Court; or (c) the Plan.

  • Enforcement Procedures means the procedures for the enforcement of Mortgages from time to time in accordance with the relevant Seller’s Policy;

  • Variation Procedure means the procedure set out in Clause 22.1 (Variation Procedure);

  • Staff Vetting Procedures means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • appropriate procedures means procedures reasonably designed to prevent and detect errors and omissions. In determining the reasonableness of such procedures, weight will be given to such factors as are appropriate, including the prior occurrence of any similar errors or omissions when such procedures were in place and transfer agent industry standards, if known, in place at the time of the occurrence.

  • customs procedures means the treatment applied by the customs administration of each Party to goods which are subject to customs control.

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Resolution shall have the meaning specified in Section 8(E).