Ultimate Determination definition

Ultimate Determination means a final order from which there is no further right of appeal in any action in which a Beneficiary seeks indemnification. Such an order shall constitute the Ultimate Determination of the Beneficiary’s right to indemnification from Grantor. “Ultimately Determined” shall have a correlative meaning.
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Ultimate Determination has the meaning set forth in Section 3.5(b)(i) hereof.
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Ultimate Determination has the meaning set forth in Section 3.5(b)(iii) hereof.
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Examples of Ultimate Determination in a sentence

  • If an Interested Party is entitled to modification of its share of any Disputed Adjustment under the preceding sentence, the amount the Interested Party is entitled to receive, or is required to pay, as the case may be, with respect to such Disputed Adjustment shall be equal to the amount of the Ultimate Determination of such Disputed Adjustment.

  • Indemnitee agrees that he will reimburse the Company for all Losses and Expenses paid by the Company, or any Trustee of a Trust created by the Company, in connection with any Claim against Indemnitee in the event and only to the extent that an Ultimate Determination shall have been made that the Indemnitee is not entitled to be indemnified by the Company for such Expenses because the claim is an Excluded Claim or because Indemnitee is otherwise not entitled to payment under this Agreement.

  • Based on this analysis, the Independent Third Party shall determine what is the fair and appropriate outcome (hereinafter referred to as the "Ultimate Determination") with respect to each such adjustment.


More Definitions of Ultimate Determination

Ultimate Determination means the method of Determination set forth in clause (i), (ii), or (iii) of the above definition of Determination as selected by the Company, except that a final order from which there is no further right of appeal in any action in which Indemnitee seeks indemnification shall constitute the Ultimate Determination of the Indemnitee’s right to indemnification from the Company. “Ultimately Determined” shall have a correlative meaning.
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Ultimate Determination has the meaning set forth in Section 9.7(b)(ii) hereof. 2. Tax Sharing with respect to Pre-
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Ultimate Determination means the method of Determination set forth in clause (i), (ii), or (iii) of the above definition of Determination as selected by the Company, except that a final order from which there is no further right of appeal in any action in which Indemnitee seeks indemnification shall constitute the Ultimate Determination of the Indemnitee's right to indemnification from the Company "Ultimately Determined" shall have a correlative meaning.
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Ultimate Determination shall have the meaning set forth in Section 9(e)(ii)(III) hereof.
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