Permitted Claim definition

Permitted Claim means inchoate tax liens.

Permitted Claim means those claims described in STC §5.10.8.

Permitted Claim has the meaning given to it in clause 12.16;

Examples of Permitted Claim in a sentence

• The responses must clearly set forth all facts and the legal basis, if any, for the opposition and the reasons why the Claim should be a Permitted Claim.

• The Management Services Provider shall evaluate each Pending General Claim to determine whether the Claim is a Permitted Claim or whether an Objection should be raised as to such General Claim in accordance with Section 4.06.

• If the Owner is not an organization or a legal entity, then the minimum Permitted Claim payments to the Owners is ten (10) percent of the amount originally paid for the affected Products excluding Installation Costs.

• Any Permitted Claim and/or replacement Products provided by DaVinci under this Lifetime Limited Warranty will not extend the Warranty Period.

• Each Holder of a Permitted Policy Claim will receive, in full satisfaction of such Permitted Claim, (i) Cash equal to the amount of such Permitted Claim multiplied by the Cash Percentage (initially 25%) and (ii) a Surplus Note (or beneficial interest therein), the principal amount of which is equal to the amount of such Permitted Policy Claim multiplied by the Surplus Note Percentage (initially 75%), in accordance with the claims administration and distribution procedures described below.

More Definitions of Permitted Claim

Permitted Claim has the meaning set out in Clause 10.3(a).

Permitted Claim means an Action by the Company (i) against an Investor to enforce such Investor’s obligation to fund the Equity Commitment and Parent’s obligation to consummate the Closing in accordance with the terms of Section 3 hereof and Section 9.5(b) of the Merger Agreement (but subject to the concurrent enforcement of each Other Investor’s obligations with respect to such Other Investor’s Other Investor Equity Financing under such Other Investor’s Other Investor Equity Commitment Letter or each Other Investor confirming in writing that it is prepared to satisfy and perform its obligations thereunder with respect to such Other Investor’s Other Investor Equity Financing subject only to an Investor’s funding of its Equity Commitment), (ii) against Parent under the Merger Agreement in accordance with and subject to the terms and conditions thereof, (iii) against the Investors in accordance with and solely to the extent permitted by the Investor Limited Guarantee or (iv) against Stone Point Capital LLC (“Stone Point”) pursuant to and solely to the extent in accordance with the letter agreement, dated February 1, 2023, by and between the Company and Stone Point.

Permitted Claim has the meaning specified in Section 8.6.

Permitted Claim means the interest of the Agent, on behalf of the --------------- Banks, in certain receivables assigned pursuant to Section 2.13 of the Purchase Agreement, by NationsBank of Texas, N.A., as agent, on behalf of certain financial institutions, pursuant to the Second Amended and Restated Transfer and Administration Agreement dated as of March 10, 1995, as amended from time to time, to the Agent, on behalf of the Banks.

Permitted Claim means any bona fide claim that

Permitted Claim means a claim for Damages related to any claim or counterclaim (i) that is asserted by a third party and that if adversely determined against Buyer or any Buyer Affiliate could result in the invalidity of a Litigated Patent, and (ii) that is asserted in response to Buyer or any Buyer Affiliate having first made a claim against such third party for infringement of any claim of a Patent included in the Purchased Intellectual Property (the "Litigated Patent").

Permitted Claim means an Action by the Company (i) against the Investor to enforce the Investor’s obligation to fund the Equity Commitment and Parent’s obligation to consummate the Closing in accordance with the terms of Section 3 hereof and Section 9.5(b) of the Merger Agreement (but subject to the concurrent enforcement of each Other Investor’s obligations with respect to such Other Investor’s Other Investor Equity Financing under such Other Investor’s Other Investor Equity Commitment Letter or each Other Investor confirming in writing that it is prepared to satisfy and perform its obligations thereunder with respect to such Other Investor’s Other Investor Equity Financing subject only to the Investor’s funding of its Equity Commitment), (ii) against Parent under the Merger Agreement in accordance with and subject to the terms and conditions thereof, (iii) against the Investor in accordance with and solely to the extent permitted by the Investor Limited Guarantee or (iv) against Xxxxxxx, Xxxxxxxx & Xxxx, LLC (“CD&R LLC”) pursuant to and solely to the extent in accordance with the Confidentiality Agreement.