Subrogated Claims definition

Subrogated Claims means those claims set forth on Schedule B, including any claims for post-petition interest, fees, and costs against the Lehman Entities on such claims.
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Examples of Subrogated Claims in a sentence

  • Subrogated Claims If First Gas is the subject of a claim by a Shipper or third party (the Claimant) where the claim (or any part of it) arises because of a purported breach of this Agreement by the Interconnected Party, the following procedure shall apply: First Gas shall immediately give notice of the claim to the Interconnected Party; First Gas will not make any payment or admission of liability in respect of the claim without the prior written consent of the Interconnected Party.

  • If Purchaser's recovery on account of Subrogated Claims exceeds the sums, if any, incurred by Seller in connection with any Indemnified Environmental Claim under this Section 9.3, such excess shall be the sole property of Purchaser, and Seller hereby assigns to Purchaser and relinquishes all right, title and interest in such excess.

  • In the defense or prosecution of any Indemnified Environmental Claim, Purchaser shall be subrogated to all Claims that Seller and Seller's predecessors-in-title may have or assert against Consolidated Edison Company of New York, Inc., its successors and assigns ("Con Ed"), or any other party, at law and/or in equity, arising from, related to or concerning any Environmental Condition ("Subrogated Claims").

  • Nothing in this sub-section is intended to imply that Purchaser's indemnification obligation under this Section 9.3 is limited by the value of the Subrogated Claims, nor does Seller make any representation or warranty as to the existence, viability or amount of the Subrogated Claims.

  • By notice Subrogated Claims If First Gas is the subject of a claim by a Shipper or third party (the Claimant) where the claim (or any part of it) arises because of a purported breach of this Agreement by the Interconnected Party, the following procedure shall apply: First Gas shall immediately give notice of the claim to the Interconnected Party; First Gas will not make any payment or admission of liability in respect of the claim without the prior written consent of the Interconnected Party.

  • The Distribution of the Subrogated Claims Fund for each Subrogated Claimant shall be calculated in accordance with this section.