Subsequent Claims definition

Subsequent Claims means all property and claims acquired by the Owners or by any of their Affiliates, insider or partner thereof within the Area of Interest subsequent to the date of this Agreement, other than subsequently acquired property or claims that are located in the area south of P▇▇▇▇▇▇▇ Creek as shown on the map in Schedule B;

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Subsequent Claims means all claims (other than Restructuring Claims) arising in respect of property supplied, services rendered or other consideration given to the Debtor subsequent to the Proposal Date, including, without limitation, all salaries, remuneration and other compensation of the Debtor’s employees for current services;

Subsequent Claims has the meaning ascribed thereto in Section 3.7.

Examples of Subsequent Claims in a sentence

The full amount of the Final Consideration shall be attributable, firstly, as to the Subsequent Claims at the face value thereof on the Grant Date, and the balance thereof to the Subsequent Shares.
No delay in providing such Officer’s Certificate within the Escrow Period or Subsequent Claims Period shall affect an Indemnified Party’s rights hereunder, unless (and then only to the extent that) the Company Indemnifying Parties are materially prejudiced thereby.
When any Subsequent Claims are submitted under the Claims Made Program, per § III(B)(5) of the Agreement, the ICA shall approve or deny the Subsequent Claim following the procedures set forth in sections IV and V above.
No delay in providing such Officer’s Certificate within the Escrow Period or Subsequent Claims Period shall affect an Indemnified Person’s rights hereunder, unless (and then only to the extent that) the Purchaser, the Sellers’ Agent or the Sellers (as applicable) are materially prejudiced thereby.
No delay in providing such Officer’s Certificate within the Escrow Period or Subsequent Claims Period shall affect an Indemnified Person’s rights hereunder, unless (and then only to the extent that) the Company Stockholders are materially prejudiced thereby.
In addition, the Owners hereby irrevocably agree to grant to the Holder a security interest in all Subsequent Claims as soon as such Subsequent Claims are acquired by the Owners and to execute and deliver such mortgages, charges and encumbrances against the Subsequent Claims necessary for the Holder to effect such security interest.

More Definitions of Subsequent Claims

Subsequent Claims is defined in Section 4(a).