Open claim definition

Open claim means a claim that has yet to be settled, or otherwise disposed of, where the insurer expects to make future indemnity and expense payments on behalf of the insured.
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Open claim has the meaning set forth in Section 6.8.
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Open claim. Is defined in Section 8.8(b).
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More Definitions of Open claim

Open claim means any claim that is reported as open in the loss run as of May 1, 2018, to be provided by ▇▇▇▇▇▇▇▇▇ Basset under Seller’s XL insurance policies.
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Open claim shall have the meaning set forth in Section 9.6(b).
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Open claim means an indemnification claim by Parent under Article 11 that has not be resolved in accordance therewith, the amount of which, for purposes of Section 11.7, shall be Parent’s reasonable and good faith estimation of the potential Loss relating thereto;
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Open claim. – means a claim whose last payable date has not yet occurred.
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Open claim means a claim for which the employer expects future indemnity or medical payments or there is current litigation.
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Related to Open claim

  • Proven Claim means (a) a Claim of a Creditor, Finally Determined as an Allowed Claim for voting, distribution and payment purposes under the Plan, (b) in the case of the Participating CCAA Parties in respect of their CCAA Party Pre-Filing Interco Claims, and in the case of the Non-Filed Affiliates in respect of their Non-Filed Affiliate Unsecured Interco Claims and Non- Filed Affiliate Secured Interco Claims, as such Claims are declared, solely for the purposes of the Plan, to be Proven Claims pursuant to and in the amounts set out in the Amended and Restated Meetings Order, and (c) in the case of Employee Priority Claims and Government Priority Claims, as Finally Determined to be a valid post-Filing Date claim against a Participating CCAA Party;

  • 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;

  • DIP Claim means all Claims held by the DIP Lender under the DIP Facility Term Sheet, the DIP Facility, or the Financing Orders, which includes Claims for all principal amounts outstanding of up to $9,000,000 (subject to increase pursuant to the Financing Final Order), plus interest pursuant to the terms of the DIP Facility Term Sheet and the Financing Orders.

  • Clean claim means a claim that:

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.