Substantiated Claim definition

Substantiated Claim a Relevant Claim in respect of which liability is admitted by the party against whom such Relevant Claim is brought, or which has been adjudicated on by a court of competent jurisdiction and no right of appeal lies in respect of such adjudication, or the parties are debarred by passage of time or otherwise from making an appeal. A Claim is connected with another Claim or Substantiated Claim if they all arise out of the occurrence of the same event or relate to the same subject matter.

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Substantiated Claim means a Claim that has been:

Substantiated Claim means a Relevant Claim in respect of which liability is admitted or agreed in writing by the Warrantors or has been determined by a court of competent jurisdiction in respect of which no appeal has been lodged or from which it is not possible to appeal.

Examples of Substantiated Claim in a sentence

A Claim is connected with another Claim or Substantiated Claim if they all arise out of the occurrence of the same event or relate to the same subject matter.
Substantiated Claim: a Claim in respect of which liability is admitted by the party against whom such Claim is brought, or which has been adjudicated on by a Court of competent jurisdiction and no right of appeal lies in respect of such adjudication, or the parties are debarred by passage of time or otherwise from making an appeal.
Substantiated Claim: a Claim in respect of which liability is admitted by the party against whom such Claim is brought, or which has been adjudicated on by a court of competent jurisdiction and no right of appeal lies in respect of such adjudication, or the parties are debarred by passage of time or otherwise from making an appeal.
No claim for breach of Warranties can be asserted toward the Substantiated Claim Amount by the Purchaser if the facts specifically giving rise to the relevant claim and the consequence that such facts constituted a breach of Warranty was within the scope of Purchaser’s Knowledge as of the date of this Agreement.
Other than in respect of breach of the Title and Capacity Warranties and breach of Warranties based on fraud, deliberate non-disclosure or wilful concealment by Sellers, Purchaser has no other recourse for a breach of Warranties other than to make a claim or claims towards the Substantiated Claim Amount as set forth in Section 8.1(c)(i) of the Agreement.

More Definitions of Substantiated Claim

Substantiated Claim means a Relevant Claim that has been:

Substantiated Claim means a Claim which has been agreed in writing between the Buyer, MSP or TMW (as the case may be) and ▇▇▇▇▇▇▇ or in respect of which an order or decree of a court of competent jurisdiction has been given in proceedings in respect of such claim.

Substantiated Claim means a Relevant Claim in respect of which liability is admitted or agreed in writing by the Management Sellers’ and Precis Representative and the Sellers’ Representative or has been determined by a court of competent jurisdiction in respect of which no appeal has been lodged or from which it is not possible to appeal; and

Substantiated Claim means a Warranty Claim which is admitted by the Vendor or proved in a court of competent jurisdiction.

Substantiated Claim means a Relevant Claim which the Seller has agreed in writing is valid or has been determined by a court of competent jurisdiction to be valid (which has not been appealed within 30 days of the judgment or, where there has been such an appeal, it has been abandoned).

Substantiated Claim has the meaning set out in clause 10;

Substantiated Claim means any Relevant Claim (to the extent not withdrawn by the Buyer in writing) which has been agreed in writing between the Buyer and the Sellers’ Representatives or formally determined by an English Court of competent jurisdiction and, in relation to which, all rights of appeal have been exhausted or are debarred by passage of time.