Outstanding Claim definition
Examples of Outstanding Claim in a sentence
Any of such regular cash distributions or interest paid while any Outstanding Claim exists shall be deemed part of the Collateral under this Agreement and thereafter subject to the terms hereof relating to such Collateral.
If and when (A) Hydro-Québec pays the Satisfying Amount, together with the costs of enforcement thereof, as provided in such Purchaser Guaranty, or (B) Hydro-Québec is found not to be liable for such Outstanding Claim pursuant to the final order of a court of competent jurisdiction, then, in each case, the Existing Guaranty shall terminate.
Submitting a Proof of Claim Form does not guarantee that the Outstanding Claim will be allowed or that a Stanford Investor will receive any funds.
The Receiver will review and consider all Proof of Claim Forms on Outstanding Claims submitted prior to the Outstanding Claim Deadline and will determine each such Outstanding Claim, including whether to allow the Outstanding Claim.
Parent may withhold any amounts otherwise due to be paid, but only on a several and not joint basis, if there is any Outstanding Claim as against an Indemnifying Party or Parties, in an amount equal to the Outstanding Claim until such claim is resolved under the terms hereof.