Underlying Claim definition

Underlying Claim means any claim for civil liability (covered for the time being under the Guidelines) made against a Member which may give rise to a Liability; but also includes a claim which may give rise to a Liability to a Member under any other category of risk to that Member which the Guidelines of the Scheme may properly have been extended to cover pursuant to the terms of this deed.

Underlying Claim shall have the meaning ascribed to it in Section 4.2(b).

Underlying Claim shall have the meaning ascribed to it in Section 4.2(b). [*] CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED BASED UPON A REQUEST FOR CONFIDENTIAL TREATMENT AND THE NON-PUBLIC INFORMATION HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION.

Examples of Underlying Claim in a sentence

• Immediately advise the Scheme Manager of any Underlying Claim and co-operate with the Scheme Manager and Scheme Solicitor in dealing with Underlying Claims.

• The Underlying Claim against the Member is one for which the Member is reasonably liable and would in all probability be held liable at law for the amount of the Claim.

• Where the quantum of any Underlying Claim exceeds the Scheme Manager’s Quantum the Claims Committee shall authorise the Scheme Manager in conjunction with the Scheme Solicitor to administer and deal with that Underlying Claim but any settlement of a claim shall be authorised by the Claims Committee.

• Therefore, in order to support an award of attorney fees, Plaintiff must show that ICIC acted in bad faith with respect to the underlying transaction giving rise to the litigation—in this case, the Underlying Claim and the Underlying Action.

• Because our modern idea of community is based around the relationship of the individual to the group, it would be tempting to read this structural shift of the role of the chorus from the first to the second part of the opera as a disappearance of community, but actually this simply represents a different idea of community which would have been more easily acceptable to a seventeenth-century audience.

More Definitions of Underlying Claim

Underlying Claim means any Claims against Insured-Related Entities alleging [describe the allegations of the Underlying Claims].

Underlying Claim means the claim by a third-party

Underlying Claim has the meaning given in paragraph 3.2 of Schedule 7 (Limitations on the Sellers’ and AMS04 SPV Seller’s liability);

Underlying Claim means any claim for civil liability (covered for the time being under the Guidelines) made against a Member which may give rise to a Liability; but also includes a claim which may give rise to a Liability to a Member under any other category of risk to that Member which the Guidelines

Underlying Claim means a Remediation Claim, Penalty Claim, Common Law Claim, Formal Agency Action, Administrative Order or Court Order, as applicable.

Underlying Claim shall have the meaning set forth in Section 7.3(b) hereof.

Underlying Claim has the meaning given to that term in paragraph 12 of Schedule 5;