Full Resolution definition
Full Resolution means that the Assigned Claims have been fully and finally resolved by settlement, compromise, or final judgment (where appeal has been exhausted or time for appeal has expired) and all proceeds (including interest) due under the settlement, compromise or judgment have been paid to the Receiver, and/or the Receiver has closed out the Assigned Claims.
Examples of Full Resolution in a sentence
The Receiver will pay the Consideration to the Assignor within thirty (30) days after Full Resolution of the Assigned Claims; provided, however, that the Receiver in its sole discretion can make interim payment(s) before Full Resolution of the Assigned Claims.