Termination Claim definition

Termination Claim means a claim that results from termination of this Agreement pursuant to section 108.10 of the Standard Specifications or Article 16, Principal Representative’s Right to Terminate Contract, of this Agreement.

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Termination Claim means any Claim on account of contracts terminated prepetition or executory contracts to be rejected or rejected during the Chapter 11 Cases. Without limiting the generality of the foregoing, Termination Claims shall include all claims, if any, in respect of the Specified Agreements.

Termination Claim means any Claim on account of the termination or rejection of a Specified Agreement.

Examples of Termination Claim in a sentence

• The Contractor must also certify on the Termination Claim that no additional claim for services, materials, rights or benefits under the terminated Contract will be brought by the Contractor.

• The Termination Claim must be certified by the Contractor to represent the sum of all claims under the terminated Contract.

• In the event that the Net Partial Termination Claim results in moneys being due to Purchaser, Contractor shall at the time of delivery of its calculation of the Net Partial Termination Claim refund to Purchaser said excess funds.

• In such case, the fair market value of any applicable Deliverable Items or Work-in-process retained or disposed of by Contractor shall be set-off against Purchaser’s Net Whole Termination Claim as established in accordance with Article 21.

• The Contractor shall submit its Termination Claim to the Principal Representative within 90 days after receipt of a Notice of Termination unless one or more extensions in writing are granted by the Principal Representative upon written request of the Contractor within such 90-day period or authorized extension thereof.

More Definitions of Termination Claim

Termination Claim means the cost of settling the reasonable claims of the Lessee relating to the Projects which arise out of a termination for convenience of the federal government; provided, that the amount of the Termination Claim shall not exceed the amount, if any, received by the Lessor from the federal government as a result of a termination for convenience.

Termination Claim means the cost of settling the reasonable claims of the Lessee relating to the Project which arise out of a termination for convenience of the Federal government; provided, that the amount of the Termination Claim shall not exceed the lesser of (i) the aggregate amount of Lease Payments and (ii) the amount, if any, received by the Lessor from the Federal government as a result of a termination for convenience.

Termination Claim has the meaning ascribed thereto in Section 23.3 of the Contract.

Termination Claim means each and any loss, liability, expense, damage (including without limitation consequential damage), claim, difference, counter-claim, cause or right of action or proceedings, whether at law or in equity, of whatsoever nature and howsoever arising, whether brought directly or indirectly, in any jurisdiction whatsoever, whether secured, proprietary, by way of tracing, priority or otherwise, whether by way of contribution or subrogation or otherwise, whether asserted or unasserted, whether based on facts or matters known or unknown to the Parties, whether or not in the contemplation of the Parties, whether or not presently known to the law and whether arising before at or after the Effective Time arising out of, in connection with, or in any way related to the Termination Notice, the Acceleration Notice, the Demand Notice or the Transition Services Agreement Notice (including, without limitation, for the avoidance of doubt any of the same arising out of, in connection with, or in any way related to any representations, statements, advice and/or promises or agreements given or made or alleged to have been given or made at any time in relation to the Termination Notice, the Acceleration Notice, the Demand Notice or the Transition Services Agreement Notice).

Termination Claim has the meaning set forth in Section 10.2.5.

Termination Claim has the meaning set forth in 146.3.

Termination Claim means any Claim directly relating to the termination of an employee of the Company on or prior to Closing, including all obligations, duties, commitments or liabilities to any terminated employee of the Company including wages, salary, compensation, benefits, vacation pay, holiday pay, sick pay, overtime pay, retention pay, bonuses, commissions, deferred compensation, pensions, profit sharing, other post-employment retirement obligations, liabilities for participation in any benefit plans or equity-based compensation plans maintained by or for the Company, termination pay, severance pay, pay in lieu of notice (whether statutory, contractual or common law), wrongful dismissal damages, costs related to the termination of employment, change of control liabilities, golden parachute payments, human rights damages, and any and all other liabilities or obligations with respect to such terminated employees relating to facts, circumstances or events which relate to, arise from, occurred on or prior to the Closing Date.