Contested Claims definition

Contested Claims means the Additional Contested Claims, Initial Contested Claims and the Other Contested Claims.
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Contested Claims has the meaning assigned to it in Section 3.15.
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Contested Claims means any Tax, Indebtedness or other claim or liability (i) the validity or amount of which is being contested in good faith by appropriate proceedings, (ii) for which adequate reserves, as required by GAAP, have been established, and (iii) with respect to which any right to foreclose, execute upon or sell any Collateral or other assets of Borrower has not matured or has been effectively enjoined, superseded or stayed.
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Examples of Contested Claims in a sentence

  • The Company will provide the Reinsurer all relevant information and documents, as such become available, pertaining to Contested Claims and will promptly report any developments during the Reinsurer’s review.

  • The Company will provide the Reinsurer all relevant information and documents, as such become available, pertaining to Contested Claims and will promptly report any developments during the Reinsurer's review.

  • The categories of forms are: (1) Tax, (2) Claims Control, (3) Contested Claims or (4) All.

  • Upon the resolution of Contested Claims as provided for in Section 2.3(b), the Retained Escrow shall be subject to release by the Escrow Agent to Parent and/or to the Holders in accordance with Section 2.3(b), this Section and as otherwise provided for in this Escrow Agreement.

  • If during the Claim Review Period the Secretary of the Parent Corporation shall give written notice to the Shareholders' Representative objecting to the claim, then unless otherwise agreed by the Parent Corporation and the Shareholders' Representative, the validity and amount of the claim shall be determined in accordance with the dispute resolution provisions of Section 1.10 of the Escrow Agreement with respect to Contested Claims.

  • The Escrow Agent and Parent shall cause the transfer agent to transfer to Parent the number of Escrow Shares to be released to Parent pursuant to Section 2.3(b) and reissue certificates for Escrow Shares that are to be either distributed to the Holders pursuant to Section 3.1 or further retained by the Escrow Agent pending the resolution of Contested Claims and/or Prevailing Party Awards.

  • The Escrow Agent shall be authorized to act in accordance with any Release Notice, and shall have no duty or obligation to determine whether the Retained Escrow, if any, is sufficient to pay any outstanding Contested Claims and/or Prevailing Party Awards, to the extent applicable.

  • All Tax returns, reports, statements and filings required to be filed by each Company in any jurisdiction have been timely and correctly filed, and all Taxes upon each Company or any of its Property have been paid prior to the time that such Taxes could give rise to a Lien thereon, except for Contested Claims.

  • The Company will provide the Reinsurer all relevant information and documents in its possession, as such become available, pertaining to Contested Claims and will promptly report any developments during the Reinsurer’s review.

  • All Tort Trust Beneficiaries, all holders of Allowed Class E Claims and all holders of Contested Claims shall be bound by such income tax treatment.


More Definitions of Contested Claims

Contested Claims means any claim or liability (i) the validity or amount of which is being contested in good faith by appropriate proceedings, (ii) for which adequate reserves, as required by GAAP, have been established, or for which adequate insurance therefor exists, (iii) with respect to which any right to execute upon or sell any assets of the Borrowers has not matured or has been and continues to be effectively enjoined, superseded or stayed, and (iv) as to which the Lenders have received adequate notice.
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Contested Claims has the meaning given in Section 5.1(d).
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Contested Claims all disputes arising out of this Agreement or the obligations of the parties hereunder, including disputes that may arise following termination of this Agreement, shall be subject to the exclusive jurisdiction and venue of the California state courts of San Mateo County, California (or, if there is federal jurisdiction, then the exclusive jurisdiction and venue of the United States District Court having jurisdiction over San Mateo County). EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENTS TO THE PERSONAL AND EXCLUSIVE JURISDICTION AND VENUE OF SAID COURTS AND WAIVES TRIAL BY JURY AND ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION OR PROCEEDING WAS BROUGHT IN AN INCONVENIENT COURT AND AGREES NOT TO PLEAD OR CLAIM THE SAME. The non-prevailing party in any such dispute shall pay all reasonable costs, fees and expenses related to the dispute, including reasonable fees and expenses of attorneys, accountants and other professionals incurred by the prevailing party in such dispute.
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Contested Claims shall have the meaning set forth in Section 8.6(b).
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Contested Claims has the meaning described in Paragraph 7.B.
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Related to Contested Claims

  • 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.

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Contested case means a proceeding defined by Iowa Code section 17A.2(5) and includes any matter defined as a no factual dispute contested case under 1998 Iowa Acts, chapter 1202, section 14.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.