Initially Determined definition

Initially Determined means any Indemnity Claim Amount that has either been agreed to as due and owing or for which a judgment or order has been signed by a trial court or arbitrator disposing of such Indemnity Claim Amount and determining that such Indemnity Claim Amount is due and owing by the APL Parties, notwithstanding whether any party appeals all or any part of such judgment.
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Examples of Initially Determined in a sentence

  • If the Initially Determined Purchase Price is different than the Estimated Purchase Price, the Parties agree promptly to revise the Estimated Purchase Price Note to reflect the Initially Determined Purchase Price.

  • The Seller and the Buyer shall revise the Estimated or Initially Determined Purchase Price Note, as the case may be, to confirm that such note is the Finally Determined Purchase Price Note.

  • In the event the Buyer does not cooperate in revising the Estimated or Initially Determined Purchase Price Note in the manner contemplated above or in the Price Addendum, the Seller shall be entitled to attach to the Estimated or Initially Determined Purchase Price Note a statement fixing the amount of principal due, and monthly payments, under such note to reflect the Finally Determined Purchase Price and revised monthly payments, as appropriate.

  • The Seller and the Buyer shall revise the existing Estimated or Initially Determined Purchase Price Note, as the case may be, and issue the Finally Determined Purchase Price Note in the manner described in section 1(d)(E) of the Agreement.

  • This revised note shall be the Initially Determined Purchase Price Note and will reflect the amount of principal due using the Initially Determined Purchase Price, after taking into consideration any payments made at Closing and payments under the Estimated Purchase Price Note.

  • The Seller and the Buyer shall revise the existing Estimated or Initially Determined Purchase Price, as the case may be, and issue the Finally Determined Purchase Price Note in the manner described in section 1(c)(D) of the Agreement.

  • Promptly after the final determination for federal gift tax purposes of the Purchase Price under this Agreement (the“Finally Determined Purchase Price”), if the Finally Determined Purchase Price is different than the Initially Determined Purchase Price, the Parties agree to revise the Purchase Price Note.

  • Promptly after the final determination for federal gift tax purposes of the Purchase Price under this Agreement (the “Finally Determined Purchase Price”), if the Finally Determined Purchase Price is different than the Initially Determined Purchase Price, the Parties agree to revise the Purchase Price Note.

Related to Initially Determined

  • Finally Determined means, with respect to any Action or other matter, that the outcome or resolution of such Action or matter has been judicially determined by judgment or order not subject to further appeal or discretionary review.

  • determined means a determination made in the absolute discretion of the person making the determination.

  • Final Determination means the final resolution of liability for any Tax for any taxable period, by or as a result of (a) a final decision, judgment, decree or other order by any court of competent jurisdiction that can no longer be appealed, (b) a final settlement with the IRS, a closing agreement or accepted offer in compromise under Sections 7121 or 7122 of the Code, or a comparable agreement under the Laws of other jurisdictions, which resolves the entire Tax liability for any taxable period, (c) any allowance of a refund or credit in respect of an overpayment of Tax, but only after the expiration of all periods during which such refund or credit may be recovered by the jurisdiction imposing the Tax, or (d) any other final resolution, including by reason of the expiration of the applicable statute of limitations or the execution of a pre-filing agreement with the IRS or other Taxing Authority.

  • Final Determination Date means the following:

  • Initial determination means the first child custody determination concerning a particular child.

  • Child custody determination means a judgment, decree, or other order of a court providing for the legal custody, physical custody, or visitation with respect to a child. The term includes a permanent, temporary, initial, and modification order. The term does not include an order relating to child support or other monetary obligation of an individual.

  • TIA Applicability Determination As defined in Section 12.12.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Resolved With respect to a Repurchase Request, means that (i) the related Material Defect has been cured, (ii) the related Mortgage Loan has been repurchased in accordance with the related Mortgage Loan Purchase Agreement, (iii) a mortgage loan has been substituted for the related Mortgage Loan in accordance with the related Mortgage Loan Purchase Agreement, (iv) the applicable Mortgage Loan Seller has made a Loss of Value Payment, (v) a contractually binding agreement has been entered into between the Enforcing Servicer, on behalf of the Trust, and the related Mortgage Loan Seller that settles the related Mortgage Loan Seller’s obligations under the related Mortgage Loan Purchase Agreement, or (vi) the related Mortgage Loan is no longer property of the Trust as a result of a sale or other disposition in accordance with this Agreement.

  • Certified mills means the lesser of 18 mills or the number of mills of school operating taxes levied by the district in 1993-94.

  • Final Recovery Determination With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the Responsible Party as contemplated by this Agreement), a determination made by the Servicer that all Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds and other payments or recoveries which the Servicer, in its reasonable good faith judgment, expects to be finally recoverable in respect thereof have been so recovered. The Servicer shall maintain records, prepared by a Servicing Officer, of each Final Recovery Determination made thereby.

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Final Adverse Determination means an Adverse Determination involving a Covered Service that has been upheld by Blue Cross and Blue Shield or its designated utilization review organization, at the completion of Blue Cross and Blue Shield's internal grievance process procedures.

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • Arbiter has the meaning set forth in Section 2.3(c).

  • Eligibility Determination means an approval or denial of eligibility and a renewal or termination of eligibility as set forth in OAR 410-200-0015;¶

  • Flood Elevation Determination means a determination by the Administrator of the water surface elevations of the base flood, that is, the flood level that has a one percent or greater chance of occurrence in any given year.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Adverse determination shall have the meaning set forth in Section 19.7.

  • Commercial Discovery means a Discovery of Petroleum reserves which has been declared as a Commercial Discovery in accordance with the provisions of Article 10 and/or Article 21.

  • Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).

  • Independent adjuster means an insurance adjuster required to be licensed under

  • Self-Determination means a philosophy and process by which individuals with developmental disabilities are empowered to gain control over the selection of support services that meet their needs. The basic principles of self-determination are: