Major Claim definition

Major Claim means a claim for which the loss is estimated at any time to exceed AU$5 million, or that relates to a CAT event as defined by the Insurance Council of Australia, or that is reasonably complex or contentious.
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Major Claim means any Relevant Claim or a claim for a breach of Clause
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Major Claim means (a) a Claim or a series of related Claims ----------- for monetary damages in excess of $100,000,000, or (b) a Claim or a series of related Claims in which the relief sought consists wholly or partly of injunctive relief, and the injunctive relief sought, if granted, would have a value (when added to the monetary damages sought, if any), in excess of $100,000,000.
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Examples of Major Claim in a sentence

  • However, if three (3) weeks after the notice of Claim has been received by the non-claimant, Contractor’s and Owner Parties’ project managers believe the Preliminary Claim will not be resolved, the Claim shall be submitted to the Major Claim (defined below) process.

  • However, multiple minor claims shall be paid from the different organs as mentioned below3.On payment of Major Claim the coverage shall terminate.

  • Stab and Gurevych (2014) define four types of argumentative discourse units: Major Claim, Claim, Premise and None3.

  • Despite this evidence that she has just delivered, Honegger then proceeds with a major conflicting claim: Honegger’s Major Claim: A “white” plane was destroyed at or near the Heliport tower about 120 feet north of the “alleged” impact hole, at a time of 9:32:30, and without damaging the Pentagon wall.

  • First, argumentative relations are directed and can hold between a Premise and another Premise, a Premise and a (Major-) Claim, or a Claim and a MajorClaim.

  • Coordinate and assist CFFC and Major Claim- ants in developing 30,000 series allowance lists.

  • ChangeMyView is a forum in which users initiate the discussion by posting an Original Post (OP) and describing their View (or we call it as Major Claim) in the title.

  • This initiative aims to establish consistency in leadership interactions on construction sites across the Group, to increase leadership visibility and to actively build a stronger safety culture.Update on the Group’s Major Claim ProcessesThe uncertified revenue moderately reduced to R1,8 billion (June 2012: R2,0 billion).

  • Stab and Gurevych (2017) and Persing and Ng (2016) provided argumentative essay datasets that were annotated based on the argument schemes, including Claim, Major Claim, and Premise, and their support/attack relations.

  • For exam- ple, in Figure 1, Major Claim is supported by EU1 and EU2; thus, the degree = 2 and the depth = 2.


More Definitions of Major Claim

Major Claim means (a) with respect to Seller, (i) any Excluded Liabilities or (ii) any breach of Seller's representations in Section 4.1 (except the last sentence thereof), 4.2 (except the first sentence thereof), 4.3 and 4.11, and (b) with respect to Buyer, (i) any Assumed Liabilities, (ii) any breach of Buyer's representations in Sections 5.1 or 5.2 (except for the first sentence thereof) or (iii) any breach of (x) Buyer's obligation to pay the Purchase Price in accordance with the provisions of this Agreement and the Note. Except as otherwise set forth in Section 5.4 of the License Agreement, no party will be entitled to recover for Losses in excess of the Purchase Price for all claims arising out of this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby, including Major Claims. Excluding claims arising under the License Agreement, no party may initiate any claim for indemnification pursuant to this Section 13 after the fourteen-month anniversary of the Closing Date.
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Major Claim means any claim or claims against the Borrower or SAVVIS, Inc. in respect of which the aggregate amount sought against the Borrower or SAVVIS, Inc. and/or any and all insurers (before adjustment for any relevant franchise or deductible) exceeds £250,000.00.
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Major Claim means any Relevant Claim or a claim for a breach of Clause 6.4(a) which exceeds $6,000,000 (six million dollars);
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Major Claim means a claim or suit by a third party against a Parent Indemnitee in which such third party (i) seeks monetary damages in excess of the amount remaining in the applicable Escrow Account less the sum of the amount subject to any other claims outstanding with respect to such Escrow Account (such lesser amount the “Available Escrow Account”), (ii) seeks unspecified damages that Parent reasonably believes are likely to exceed the applicable Available Escrow Account, or (iii) seeks non-monetary relief other than relief that is immaterial to Parent, the Company and their Subsidiaries, taken as a whole including without limitation by virtue of its impact on their condition (financial or otherwise), properties, assets (including intangible assets), business, operations or results of operations; provided, however, that in the case of a Tax claim or audit the amount of monetary damages sought shall be deemed to be a claim for monetary damages of $1,000 until such time as the relevant taxing authority provides a written claim for a specified amount of underpayment and thereafter will be the amount specified plus any applicable interest to such date.
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Related to Major Claim

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • IPR Claim means any claim of infringement or alleged infringement (including the defence of such infringement or alleged infringement) of any IPR, used to provide the Services or as otherwise provided and/or licensed by the Supplier (or to which the Supplier has provided access) to the Authority in the fulfilment of its obligations under this Framework Agreement;

  • Prior Claims means the Competing Claims to which the Authority’s right to the Building Aid is subordinated by the School Financing Act.

  • Senior Claims means, (a) with respect to the RBL Priority Collateral, each of the First-Priority Lien Obligations secured by such Collateral and, (b) with respect to the Term/Notes Priority Collateral, each of the Second-Priority Lien Obligations secured by such Collateral.

  • Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • Section 510(b) Claim means any Claim against the Debtors arising from rescission of a purchase or sale of a security of the Debtors or an Affiliate of the Debtors, for damages arising from the purchase or sale of such a security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

  • Asbestos claim means any claim, wherever or whenever made, for damages, losses, indemnification, contribution, or other relief arising out of, based on, or in any way related to asbestos, including:

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Intellectual Property Claim any claim or assertion (whether in writing, by suit or otherwise) that a Borrower’s or Subsidiary’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other Property violates another Person’s Intellectual Property.

  • Two-year claim limitation means no benefit is payable for any claim submitted two years or more from the date of admission or service provision.

  • IP Claim means a Claim made against you by a third party alleging that the Stripe Technology, Services or a Stripe Mark provided to and used by you in accordance with this Agreement infringes or misappropriates the IP Rights of the third party making the Claim, excluding Claims made by Connected Accounts.

  • Cure Claim means a Claim (unless waived or modified by the applicable counterparty) based upon a Debtor’s defaults under an Executory Contract or an Unexpired Lease assumed by such Debtor under section 365 of the Bankruptcy Code, other than a default that is not required to be cured pursuant to section 365(b)(2) of the Bankruptcy Code.

  • Claim Notice has the meaning set forth in Section 8.4(a).

  • De Minimis Claim has the meaning set forth in Section 7.4(a).

  • Third Person Claim has the meaning specified in Section 11.4(a).

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Guarantor Claims means all debts and liabilities of Borrower to Guarantor, whether such debts and liabilities now exist or are hereafter incurred or arise, or whether the obligation of Borrower thereon be direct, contingent, primary, secondary, several, joint and several, or otherwise, and irrespective of whether such debts or liabilities be evidenced by note, contract, open account, or otherwise, and irrespective of the person or persons in whose favor such debts or liabilities may, at their inception, have been, or may hereafter be created, or the manner in which they have been or may hereafter be acquired by Guarantor. The Guarantor Claims shall include without limitation all rights and claims of Guarantor against Borrower arising as a result of subrogation or otherwise as a result of Guarantor’s payment of all or a portion of the Liabilities. Until the Liabilities shall be paid and satisfied in full and Guarantor shall have performed all of its obligations hereunder, Guarantor shall not receive or collect, directly or indirectly, from Borrower or any other party any amount upon the Guarantor Claims if an Event of Default exists at the time of such receipt or collection.

  • infringement notice has the meaning set forth in Section 7.4.1;

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VI.

  • Rejection Claim means a Claim arising from the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Hazardous Materials Claims means any and all enforcement, clean up, removal or other governmental or regulatory actions or orders threatened, instituted or completed pursuant to any Hazardous Material Laws, together with all claims made or threatened by any third party against any portion of the Premises, Landlord or Tenant relating to damage, contribution, cost recovery compensation, loss or injury resulting from any Hazardous Materials.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Clean Claim means a claim that: