Excess Recovery definition

Excess Recovery shall have the meaning set forth in Clause 9.3(d);

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Excess Recovery has the meaning given to it in paragraph 11.1.4, Part I (Limitations) of Schedule 8 (Limitation of the Seller’s Liability).

Excess Recovery has the meaning set forth in Section 8.4(f).

Examples of Excess Recovery in a sentence

If this paragraph applies, the Purchaser shall, promptly on receipt of the Third Party Sum by it or the Company, repay to the Seller an amount equal to the lower of (i) the Excess Recovery and (ii) the Compensation Payment, after deducting (in either case) all costs incurred by the Purchaser or the Company in recovering the Third Party Sum and any taxation payable by the Purchaser or the Company by virtue of its receipt.
If Sellers receive any amounts after the Closing as a return of the cash or cash equivalent deposits of Sellers with respect to such Replacement Letters of Credit (such amount returned to Sellers, the “Excess Recovery Amount”), Sellers shall deliver to Buyer the Excess Recovery Amount.
The Reinsurer’s share of the Excess Recovery shall be deemed to be an amount equal to the proportion that the Reinsurer’s payment of Insured Losses under this Contract bears to the Reinsured’s total collected reinsurance recoverables for Insured Losses.
Additional notices shall be provided upon such distributions achieving 90% and 95% of the Allowed Base Claim Amounts and upon the occurrence of the Excess Recovery Trigger Date.
Following the Excess Recovery Trigger Date, holders of Senior Secured Claims, Bridge Loan Facility Claims and, solely to the extent of their Post-Effective Date Interest Amount, holders of Allowed General Unsecured Claims and 2015 Notes Claims shall be entitled to share in Excess Recoveries.

Excess Recovery has the meaning set forth in paragraph 10(d) of Schedule 4;

Excess Recovery has the meaning given in clause 10.17(c);

Excess Recovery has the meaning set forth in Section 10.4(c).

Excess Recovery has the meaning given to it in paragraph 18 of Schedule 8 (Limitations on Liability);

Excess Recovery shall have the meaning as defined in Section 10.8 (iv).

Excess Recovery has the meaning given in paragraph 7 of Schedule 5;

Excess Recovery has the meaning set out in part 7 of Schedule 9 (Warranty Limits);