Relevant Claims definition

Relevant Claims means the Visteon Claims held by a Consenting Senior Note Holder that it is legally authorized to make subject to the terms of this Agreement, with the exception of any such Visteon Claims that such Consenting Senior Note Holder has sold, transferred, or assigned prior to its execution of this Agreement, whether or not any such sale, transfer, or assignment has settled as of the date hereof (provided that such sale, transfer, or assignment is actually consummated). “Relevant Interests” means the Equity Interests held by a Consenting Senior Note Holder that it is legally authorized to make subject to the terms of this Agreement, with the exception of any such Equity Interests that such Consenting Senior Note Holder has sold, transferred, or assigned prior to its execution of this Agreement, whether or not any such sale, transfer, or assignment has settled as of the date hereof (provided that such sale, transfer, or assignment is actually consummated).

Relevant Claims means the claims which the Employee considers that they have or may have against the Employer and/or any Group Company and/or any current or former employee or officer of the Employer and/or any Group Company which are set out in Part A of Schedule 1;

Relevant Claims means all claims by or on behalf of the Buyer against the Sellers under or pursuant to the provisions of this Agreement (including the Tax Covenant) (and “Relevant Claim” means any one of the Relevant Claims);

Examples of Relevant Claims in a sentence

• It also causes the SIHNV MPC Claimants to grow at a different rate than the SIHPL MPC Claimants, which causes a disparity between the MPC Relevant Claims.

• This raises complications with respect to the SIHNV MPC Relevant Claims, as those Claims may be governed by (a combination of) Dutch law, South African law, German law and/or other laws (depending on a multitude of factors), each of which prescribe different rates and conditions for the application of statutory interest.

• This causes significant complication to the determination of the value of the SIHNV MPC Relevant Claims and may lead to many different outcomes for different SIHNV MPC Claimants.

• It is important for key stakeholders with interests in both estates, including Financial Creditors and those who hold MPC Relevant Claims deriving from purchases of both SIHPL Shares and SIHNV Shares, that there is an overall compromise in respect of all of their claims.

• Finally, it would cause their Claim Values to change over time, which would complicate the calculation of the settlement distributions offered pursuant to this SIHNV Composition Plan (which is expected to occur over time as well, rather than at a single interval).1.9 Therefore, with a view to efficiency and consistency, the accrual of statutory interest is not taken into account for the Claim Values of the SIHNV MPC Relevant Claims.

More Definitions of Relevant Claims

Relevant Claims has the meaning given in Appendix 27;

Relevant Claims has the meaning given to such term in Section 5.5(a) hereof. Remaining Rights Offering Shares, Direct Subscription Shares and/or Unsubscribed Shares: has the meaning given to such term in Section 1.3(b) hereof.

Relevant Claims means any and all claims threatened by or on behalf of the Chan Brothers (as such term is defined in the Disclosure Letter) and the Protector of the Stins Settlement Trust, in each case against any part of the Group;

Relevant Claims shall have the meaning ascribed to such expression in clause 7.1

Relevant Claims means the claims of persons who have, or may have, claims which are the same or similar to the Claims, against some or all of the Respondents. Unless otherwise stated, Relevant Claims include the Claim.

Relevant Claims means Claims of the Continuing Party regarding the Novating Agreement where the Claims arise from:

Relevant Claims means any claims which in the reasonable opinion of TD fall within clauses 11.1 to 11.3.