Final Determination Notice definition

Final Determination Notice means a notice of an adverse action that includes the action to be taken; the date of the proposed action; the reason for the action; the statute, rule, or guideline under which the action is taken; and the right to a hearing.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Final Determination Notice means the Distribution Agent's written notice to each Potential Claimant who filed a Claim Form. The Final Determination Notice will set forth the Distribution Agent’s determination of the eligibility of the claim (eligible, partially eligible, or rejected). The Final Determination Notice will constitute the Distribution Agent’s final ruling regarding the status of the claim.

Final Determination Notice means the notice sent by the Distribution Agent to any Potentially Eligible Claimants who file a Claim Form, to any Class Action Authorized Claimants who amend their claim, and to any Class Action Unauthorized Claimants who are sent a Claim Deficiency Notice and attempt to cure the deficiencies on their Claim; the Final Determination Notice states the Distribution Agent’s decision with respect to the validity of the claim (eligible, partially or wholly deficient, or ineligible) and the Eligible Loss Amount. The Final Determination Notice will constitute the Distribution Agent’s final ruling regarding the status of the claim.

Examples of Final Determination Notice in a sentence

• A Licensor’s SDC Representative shall notify the Merck SDC Representatives in writing within five (5) Business Days of receipt of a Final Determination Notice if in Licensor’s reasonable opinion, a Proposed Final Determination could result in a Sponsor MAE.

• For purposes of this Section 3.1(a), the date on which an indemnification claim was 'finally determined' shall mean (i) in the case of Section 2.1, the payment date stated in the joint written instructions, (ii) the case of Section 2.2, the payment date stated in the Final Determination Notice, and (iii) in the case of Section 2.3, the Termination Date.

• Solely with respect to Losses with respect to any Cap Exclusion, within ten (10) business days after receipt of a Gateway Payment Request or a Final Determination Notice, as applicable, with a Claim Amount in excess of the Fair Market Value of the Escrow Shares, ▇▇.

• For purposes of this Section 3.1(a), the date on which an indemnification claim was “finally determined” shall mean (i) in the case of Section 2.1, the payment date stated in the joint written instructions, (ii) the case of Section 2.2, the payment date stated in the Final Determination Notice, and (iii) in the case of Section 2.3, the Termination Date.

More Definitions of Final Determination Notice

Final Determination Notice is defined in Section 4.5;

Final Determination Notice means the notice sent by the Distribution Agent to a Potentially Eligible Claimant who has timely responded to a Claim Deficiency Notice. If the claim of a Potentially Eligible Claimant has been disallowed in whole or in part, the Final Determination Notice shall set forth the Distribution Agent’s reason(s) for such disallowance.

Final Determination Notice means written notice sent by the Distribution Agent to (a) any Preliminary Claimant who timely submitted a written dispute of his, her, or its calculated Recognized Loss notifying the Preliminary Claimant of the resolution of the dispute; and (2) those Preliminary Claimants who have not responded to the Plan Notice by returning the Certification Form and/or any other requested information, as described in paragraph 48, notifying the Preliminary Claimant that he, she, or it has been deemed an Unresponsive Preliminary Claimant. The Distribution Agent will not send a Final Determination Notice to a Preliminary Claimant, if his, hers, or its Plan Notice was returned as “undeliverable.” The Final Determination Notice will constitute the Distribution Agent’s final ruling regarding the status of the claim.

Final Determination Notice means the written notice sent by the Fund Administrator to any Preliminary Claimant who timely responded to the Claim Status Notice in an effort to cure a deficiency, seek reconsideration of a denied claim, or otherwise dispute the determination made by the Fund Administrator, notifying the Preliminary Claimant of its

Final Determination Notice means the notice sent by the Fund Administrator to a Potentially Eligible Claimant who has timely responded to a Claim Deficiency Notice. If the claim of the Potentially Eligible Claimant has been disallowed in whole or in part, the Final Determination Notice shall set forth the Fund Administrator’s reason(s) for each disallowance.

Final Determination Notice means the written notice sent by the

Final Determination Notice means the Distribution Agent’s written reply to each Potential Claimant who timely responded to the Determination Notice in an effort to cure a deficiency or seek reconsideration of a denied claim. The Final Determination Notice will constitute the Distribution Agent’s final ruling regarding the status of the claim.