Contested Claim definition
Contested Claim means any Tax, Indebtedness or other claim or liability (i) the validity or amount of which is being diligently contested in good faith, (ii) for which adequate reserve, or other appropriate provision, if any, as required in conformity with GAAP shall have been made, and (iii) with respect to which any right to execute upon or sell any assets of the Company or of any of its Subsidiaries has not matured or has been and continues to be effectively enjoined, superseded or stayed.
Contested Claim has the meaning set forth in Section 9.4(b).
Contested Claim has the meaning set forth in Section 12.5(b).
Examples of Contested Claim in a sentence
The Reinsurer shall, upon reasonable request, provide the Ceding Company a brief description of the Reinsurer’s notice for declining a Contested Claim.
Any dispute between the Ceding Company and the Reinsurer about the settlement of any Contested Claim shall be submitted to resolution by binding arbitration in accordance with Section 11.5.
Upon request, the Ceding Company also shall provide the Reinsurer with any complaints or responses with respect to a Contested Claim, as well as any additional information related to Contested Claims reasonably requested by the Reinsurer and in the possession or control of the Ceding Company, as soon as reasonably practicable, but in any event within thirty (30) calendar days of such request.
More Definitions of Contested Claim
Contested Claim means any Claim as to which The Debtor or any other party in interest has interposed an objection or commenced an adversary proceeding in accordance with the Bankruptcy Code, Bankruptcy Rules and this Plan, which objection has not been determined by a Final Order.
Contested Claim means any Claim that is not an Allowed Claim.
Contested Claim has the meaning specified in Section 4.8.
Contested Claim means (x) a Claim (i) that is listed in the Schedules as disputed, contingent, or unliquidated, in whole or in part, and as to which no proof of claim has been filed; (ii) that is listed in the Schedules as undisputed, liquidated, and not contingent and as to which a proof of claim has been filed with the Bankruptcy Court, to the extent (A) the proof of claim amount exceeds the amount indicated in the Schedules, or (B) the proof of claim priority differs from the priority set forth in the Schedules, in each case as to which an objection was filed on or before the Objection Deadline, unless and to the extent allowed in amount and/or priority by a Final Order of the Bankruptcy Court; (iii) that is not listed in the Schedules or was listed in the Schedules as disputed, contingent or unliquidated, in whole or in part, but as to which a proof of claim has been filed with the Bankruptcy Court, in each case as to which an objection was filed on or before the Objection Deadline, unless and to the extent allowed in amount and/or priority by a Final Order of the Bankruptcy Court; or (iv) as to which an objection or request for estimation has been filed on or before the Objection Deadline; or (y) the Disputed Unsecured Financial Claims; provided, that a Claim that is fixed in amount and classification pursuant to this Plan or by Final Order on or before the Effective Date shall not be a Contested Claim.
Contested Claim has the meaning set forth in Section 2.4(c).
Contested Claim means any of the following:
Contested Claim means a claim to which an objection has been made.