Examples of Established Claim in a sentence
If it appears to the Trustees that the Asbestos Disease is attributable to any material extent to Asbestos Exposure caused by the activities of any party other than a Scheme Company, the Trustees shall apply the Apportionment Formula to the value of the Established Claim.
The Trustees may take the whole or part of the payment into account when valuing the Established Claim, if they consider it appropriate to do so.
If it appears to the Trustees that the Asbestos Disease is attributable to any material extent to Asbestos Exposure caused by the activities of any party other than T&N or the relevant Company, the Trustees shall apply the Apportionment Formula to the value of the Established Claim.
They shall set the value of the Established Claim at such amount as they shall determine, but not exceeding the Maximum Value for mild, moderate or severe cases of the Asbestos Disease in table 1 of Schedule 3.
The Trustees shall have an absolute discretion to revise the value of any Established Claim on these grounds.