Shell Claim definition

Shell Claim means the Claim of Shell for any and all obligations or liabilities under or related to the Shell Agreement or the Intercreditor Agreement.

Examples of Shell Claim in a sentence

  • The amount of any Shell Claim relating to a Shell Retained Matter described in this Subsection 3.1.1 is limited to liabilities accrued or attributable to time periods prior to the Effective Date and does not extend to liabilities or damages accruing or attributable to time periods subsequent to the Effective Date, even though such liabilities or damages may arise out of the same Shell Claim which is the subject of a Shell Retained Matter.

Related to Shell Claim

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • 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;

  • Tax Warranty Claim means a claim for breach of any of the Tax Warranties;

  • Environmental Claim means any investigation, notice, notice of violation, claim, action, suit, proceeding, demand, abatement order or other order or directive (conditional or otherwise), by any Governmental Authority or any other Person, arising (i) pursuant to or in connection with any actual or alleged violation of any Environmental Law; (ii) in connection with any Hazardous Material or any actual or alleged Hazardous Materials Activity; or (iii) in connection with any actual or alleged damage, injury, threat or harm to health, safety, natural resources or the environment.

  • Released Claim means the matters that are subject to release and discharge pursuant to ARTICLE 10 hereof;