Unasserted Claims definition

Unasserted Claims means a claim related to exposure to manganese in welding fume against one or more Defendants but for which a lawsuit had not yet been instituted as of the date of the Resolution Agreement.
Unasserted Claims means any facts or circumstances that may form the basis of a Legal Proceeding that have come to the Knowledge of the Companies on or prior to the Closing Date, including, without limitation, facts or circumstances set forth in any written or oral complaint made to a Company or any SSN Subsidiary or of which a Company or any SSN Subsidiary have been notified by a Governmental Entity.
Unasserted Claims means Unasserted TCE Property Damage Claims and Unasserted TCE Personal Injury Claims.

Examples of Unasserted Claims in a sentence

  • Upon the unconditional and irrevocable payment and discharge in full of all Secured Obligations (other than any Unasserted Claims), the Lender shall as soon as reasonably practicable, at the request and cost of Pledgor, take whatever action is reasonably necessary to release the Pledged Collateral from the security interests granted hereunder, and to terminate this Agreement.

  • Other than what was disclosed in the Due Diligence and the results based upon the Order Barring Unasserted Claims dated on November 14, 2023 by Eighth Judicial District Court, C▇▇▇▇ Country, Nevada (the “Order”).

  • Except as set forth in Schedule 3.6 of the Disclosure Letter, there are no (a) Legal Proceedings pending or, to the Knowledge of the Companies, threatened against a Company or any SSN Subsidiary or (b) Unasserted Claims against a Company or any SSN Subsidiary or any independent contractor or agent thereof relating to any act, error or omission by such Person.

  • This Agreement shall remain in full force and effect until the irrevocable and indefeasible payment in full of all Secured Obligations (other than any Unasserted Claims).

  • For Unasserted Claims, Plaintiffs’ Counsel shall ensure that the Releases are properly executed by all necessary persons according to the laws of the applicable states.


More Definitions of Unasserted Claims

Unasserted Claims means the obligations for costs, indemnifications and other liabilities (except for the principal of and interest on, and fees relating to, the Note) in respect of which no claim or demand for payment has been made.