Potential Claim definition

Potential Claim means any Claim which has either: (i) not yet been submitted, but in accordance with time limits set forth in this Contract may still be submitted; (ii) been submitted, but a determination by MIGA has not yet been made as to its validity; or (iii) been submitted, and a determination has been made, but compensation has not yet been paid to the Guarantee Holder.
Potential Claim has the meaning set forth in Section 5.12(a).
Potential Claim means any conduct or circumstance that might reasonably be expected to the be the basis of a Claim.

Examples of Potential Claim in a sentence

  • The written Notice of Potential Claim shall set forth the reasons for which the Contractor believes additional compensation or extension of time is due, the nature of the cost involved, and insofar as possible, the amount of the potential claim.

  • The Contractor shall not be entitled to additional compensation or to extension of time for (1) any act or failure to act by the County Project Manager or the County, or (2) the happening of any event or occurrence, unless the Contractor has given the County a written Notice of Potential Claim within ten (10) days of the commencement of the act, failure, or event giving rise to the claim, and before final payment by the County.

  • The Contractor shall not be entitled to additional compensation which otherwise may be payable, or to extension of time for (1) any act or failure to act by the Contracting Officer or the County, or (2) the happening of any event or occurrence, unless the Contractor has given the County a written Notice of Potential Claim within 10 days of the commencement of the act, failure, or event giving rise to the claim, and before final payment by the County.

  • The Contractor shall not be entitled to additional compensation which otherwise may be payable, or to extension of time for (1) any act or failure to act by the County, or (2) the happening of any event or occurrence, unless the Contractor has given the County a written Notice of Potential Claim within ten (10) days of the commencement of the act, failure, or event giving rise to the claim, and before final payment by the County.

  • The Contractor shall not be entitled to additional compensation which otherwise may be payable, or to extension of time for (1) any act or failure to act by the Administrative Officer or the County, or (2) the happening of any event or occurrence, unless the Contractor has given the County a written Notice of Potential Claim within ten (10) days of the commencement of the act, failure, or event giving rise to the claim, and before final payment by the County.


More Definitions of Potential Claim

Potential Claim shall have the meaning set forth in Section 9.16(a).
Potential Claim means a claim in any patent issued or granted under the laws of any country, as well as a claim in, or supported by, any pending published patent application filed under the laws of any country, of which a Representative of a Participant has actual personal knowledge and that, in the good faith judgment of such Participant’s Representative, may be an Essential Claim.
Potential Claim means any Claim which has either: (i) not yet been submitted, but in accordance with time limits set forth in this Contract may still be submitted; (ii) been submitted,
Potential Claim means any matter reasonably likely to lead to a claim.
Potential Claim means a complaint lodged with a Responsible Person that a Wrongful Employment Practice (or Third Party Wrongful Act, if applicable) has occurred, and which does not constitute a Claim, but which reasonably may be expected to subsequently give rise to a Claim.
Potential Claim shall have the meaning as defined in Section 4.7.
Potential Claim means any matter reasonably likely to lead to a claim. Retroactive date