Possible Claims definition

Possible Claims means any and all Claims or Liabilities or Encumbrances, in each case WHETHER KNOWN OR UNKNOWN, ACCRUED OR UNACCRUED, FIXED, CERTAIN OR CONTINGENT, SUSPECTED OR UNSUSPECTED, FORESEEN OR UNFORESEEN, MATURED OR UNMATURED, NOW EXISTING OR HEREAFTER ARISING, LIQUIDATED OR UNLIQUIDATED, DEVELOPED OR UNDEVELOPED, DISCOVERED OR UNDISCOVERED, OR OTHERWISE.
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Possible Claims means any and all Claims, demands, causes of action, suits at law or in equity, verdicts, judgments and liens, whether based upon breach of contract, breach of warranty or covenant, tort, negligence, gross negligence, recklessness, fault, strict liability, misrepresentation, fraud, quantum meruit, breach of fiduciary duty, violation of statutes or administrative regulations or any other legal or equitable theory of recovery, WHETHER KNOWN OR UNKNOWN, DEVELOPED OR UNDEVELOPED, DISCOVERED OR UNDISCOVERED.
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Examples of Possible Claims in a sentence

  • The Possible Claims Against the Directors that the Company, the Parent and the Acquisition Sub are releasing hereunder include, but are not limited to, claims involving an actual or alleged breach of fiduciary duty or under any law, statute, regulation or law of any type or nature, including the Company Law of the Republic of China and the securities laws of the Republic of China.

  • The Company, the Parent and the Acquisition Sub hereby covenant and promise never to file or prosecute a lawsuit, complaint or charge against any Director and Supervisor Released Person based on any such Possible Claims Against the Directors.

  • None of the Company, the Parent or the Acquisition Sub shall initiate a Possible Claims Against the Directors on behalf of stockholders of the Company nor disclose (except if such disclosure is required by law) information to the stockholders of the Company for the purpose of making a claim against any Director and Supervisor Released Person.

  • The LBI Trustee has not prior to the Execution Date assigned or transferred, and will not prior to or upon the Effective Time assign or transfer, any of the Possible Claims Released by him, or that but for such assignment or transfer would be Released, under Section 2.04(a), 3.01 or 6.01, except in each case for any Excluded Item (as to which no representation, warranty, covenant or agreement is made under this Section 4.01(e)).

Related to Possible Claims

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Other Priority Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • 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;