Concurrent Claim definition

Concurrent Claim means any Claim (other than a Disputed Claim) which is unsecured and which does not enjoy a statutory preference as envisaged in the Companies Act;
Concurrent Claim means a request for an extension of payment or approval of continuing Medical Care or treatment beyond the approved period of time or number of treatments.
Concurrent Claim means a request for a plan benefit(s) by a claimant that is for an

Examples of Concurrent Claim in a sentence

  • The resulting claim by the agent (the Company) against the principal (THL) will be treated as a Concurrent Claim in the Business Rescue proceedings of THL and will share pro-rata in any distributions made by THL to its Unsecured Creditors in accordance with the Adopted THL Plan.

  • Should any monetary award be made against the Company, including a costs award, then that award will be treated as a Concurrent Claim in the Business Rescue.


More Definitions of Concurrent Claim

Concurrent Claim means any Claim (other than a Disputed Claim) which is unsecured and enjoys no preference and "Concurrent Creditor" has the corresponding meaning;
Concurrent Claim means any Claim (other than a Disputed Claim) which is unsecured and enjoys no preference in accordance with the Insolvency Act and "Concurrent Creditor" has the corresponding meaning;
Concurrent Claim means a request for a plan benefit(s) by a claimant that is for an ongoing course of treatment or services over a period of time or for the number of treatments.
Concurrent Claim means any benefit claim for medical, dental, or vision benefits where the Contract Administrator has approved an ongoing course of treatment over a set period of time, or a set number of treatments, but the Contract Administrator cancels the treatment before the end of that time period or reduces the number of treatments.
Concurrent Claim means any benefit claim for medical, dental or vision benefits where the Claims Administrator has approved an ongoing course of treatment over a set period of time, or a set number
Concurrent Claim means a Claim that is reconsidered after an initial approval has been made that results in a reduction, termination or extension of a benefit.
Concurrent Claim means any Claim (other than a Disputed Claim) which is unsecured and enjoys no preference;