Claims Statement definition

Claims Statement means a verified written statement of each and every alleged claim of any kind whatsoever of the Company (and all persons claiming by, through, or under the Company) in any way connected with, or arising out of the Operation Services or this Agreement, which sets forth in detail with respect to each such claim:
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Claims Statement means a written statement as referred to in section 5.2.1 of this Agreement;
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Examples of Claims Statement in a sentence

  • At such time as Damages for which the Indemnitor is liable hereunder are incurred by Indemnitee by actual payment thereof or by entry of a final judgment, Indemnitee shall forward a Final Claims Statement to the Indemnitor setting forth the amount of such Damages in reasonable detail on an itemized basis.

  • All amounts reflected on each Final Claims Statement shall be paid promptly by Indemnitor to Indemnitee.

  • Indemnitee shall supplement the Final Claims Statement with such supporting proof of loss (e.g., vouchers, canceled checks, accounting summaries, judgments, settlement agreement, etc.) as the Indemnitor may reasonably request in writing within thirty (30) days after receipt of a Final Claims Statement.

  • If Buyer and Seller do not reach agreement in resolving any such dispute within thirty (30) days after delivery of the Claims Statement Notice, Buyer and Seller shall submit the dispute to the Arbiter for resolution.

  • Indemnitee shall supplement the Final Claims Statement with such supporting proof of loss (e.g. vouchers, canceled checks, accounting summaries, judgments, settlement agreements, etc.) as the Indemnitor may reasonably request in writing within thirty (30) days after receipt of a Final Claims Statement.

  • In resolving any disputed item, the Arbiter (A) shall be bound by the Accounting Principles, the definitions contained in this Agreement and the provisions of this Section 2.5(c) and (B) may not assign a value to any item greater than the greatest value for such item claimed by either Party or less than the smallest value for such item claimed by either Party, in either case as set forth in the Closing Balance Sheet, Closing Statement, or Claims Statement Notice, as applicable.

  • At such time as damages for ---------------------- which the Indemnitor is liable hereunder are incurred by Indemnitee by actual payment thereof or by entry of a final judgment, the Indemnitee shall forward a final claims statement (the "Final Claims Statement") to the ---------------------- Indemnitor setting forth the amount of such damages in reasonable detail on an itemized basis.

  • Indemnitee shall supplement the Final Claim Statement with such supporting proof of loss (e.g., vouchers, canceled checks, accounting summaries, judgments, settlement agreements, etc.) as the Indemnitor may reasonably request in writing within thirty (30) days after receipt of a Final Claims Statement.

  • All amounts reflected on Final Claims Statements shall be paid promptly by the Indemnitor, and if not paid in full within thirty (30) days after delivery of the Final Claims Statement relating thereto and the proof of loss referred to above, shall bear interest at the rate of ten percent (10%) per annum until paid, compounded annually.

  • Indemnitee shall supplement the Final Claims Statement with such supporting proof of loss (e.g. vouchers, cancelled checks, accounting summaries, judgments, settlement agreement, etc.) as the Indemnitor may reasonably request in writing within thirty (30) days after receipt of a Final Claims Statement.