Sub Claims definition

Sub Claims any claim with respect to injury, loss, Liability, damage or expense that (a) is or was incurred or asserted by a third party to have been incurred on or prior to the Distribution Date in, or in connection with, the conduct of the Contributed Businesses or the operation of the Contributed Assets and (b) arose or may have arisen out of one or more occurrences or events that are or may be insured or insurable under one or more of Parent's Insurance Policies.
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Sub Claims any claim with respect to injury, loss, Liability, damage or ---------- expense that (a) is or was incurred or asserted by a third party to have been incurred on or prior to the Distribution Date in, or in connection with, the conduct of the Contributed Businesses or the operation of the Contributed Assets and (b) arose or may have arisen out of one or more occurrences or events that are or may be insured or insurable under one or more of Parent's Insurance Policies. Sub Common Stock: the common stock of Sub, par value $.01 per share. ---------------- Sub Party: shall have the meaning set forth in Section 5.5 hereof. ---------
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Examples of Sub Claims in a sentence

  • Notwithstanding any other provision of this Agreement, in no event shall the aggregate amount of all WCAS Sub Claims for which WIN is liable pursuant to: (i) Section 9.2(a) (other than as a result of the breach of the Fundamental Representations), exceed an amount equal to Fifty Million Dollars ($50,000,000) and (ii) Section 9.2(b) or (c), exceed an amount equal to the Transaction Amount less any amounts paid pursuant to Section 9.2(a).

  • Notwithstanding any other provision of this Agreement, WIN shall have no indemnification obligations under Section 9.2 for any WCAS Sub Claim or series of related WCAS Sub Claims as to which the aggregate Damages are less than or equal to $50,000 and, further, such WCAS Sub Claims shall be disregarded for purposes of calculating the amount by which the WCAS Sub Claims exceed the Basket.

  • Sub will obtain an Incurred But Not Reported ("IBNR") policy extending to Sub the rights of Parent, if any, as an insured party under Parent's Insurance Policies with respect to Sub Claims.

  • The foregoing matters giving rise to the rights of the MBS/MBS Sub Indemnified Parties to indemnification hereunder are referred to as the "MBS/MBS Sub Claims".

  • The foregoing matters giving rise to the rights of the Imagine/Imagine Sub Indemnified Parties to indemnification hereunder are referred to as the "Imagine/Imagine Sub Claims".