Recovery Claim definition

Recovery Claim means any claim by any Obligor or a member of the Group or any of its Affiliates (or any employee, officer or adviser) against any other party to any Acquisition Document.
Recovery Claim means any right which the Purchaser Group has or becomes entitled to (whether under any insurance policy or by way of payment, discount, credit, set‑off, claim, counterclaim, relief or otherwise) to recover from any third party any amount in relation to any matter or thing that has given or is likely to give rise to a Non‑Tax Claim;
Recovery Claim means any liability or claim which Company has against one or more Persons.

Examples of Recovery Claim in a sentence

  • The Maker unconditionally and irrevocably agrees to pay upon demand any and all costs and expenses (including, without limitation, reasonable and documented attorneys’ fees and expenses) paid or incurred by the Holder in endeavoring to collect the Liabilities when due and owing, in enforcing the terms of this Seller Note, or otherwise in connection with any Recovery Claim.

  • Notwithstanding Section 12.09 or any of the other provisions of this Plan, this Plan shall not release any 1992 Merger Consideration Recipient from any 1992 Merger Consideration Recovery Claim.

  • The Plan also constitutes compromise of controversy in respect of the CIC Recovery Claim.

  • Any Costs Recovery Claim submitted by a Participant must set out in reasonable detail the tasks undertaken by or on behalf of the Participant applicable to the Costs Recovery Claim (including, where appropriate, referencing the Project Workstreams and Project Budget and Schedule), be accompanied by a statement setting out in reasonable detail the calculation of the amounts shown in the invoice and, where applicable, be accompanied by copies of any relevant third party invoices.

  • Generally speaking, CIC/Centre Re will receive $15 million of the first $30 million of any FHS Recovery in settlement of the CIC Recovery Claim.


More Definitions of Recovery Claim

Recovery Claim has the meaning given to it in Clause 8.2 (Disposal, Insurance and Recovery Proceeds and Excess Cashflow).
Recovery Claim has the meaning set forth in Section 10.1.2.
Recovery Claim. See Section 13.9.
Recovery Claim means a claim against the Report Provider in relation to a Report. “Reports” means:
Recovery Claim means a Claim submitted by a Customer to the Recovery
Recovery Claim means a claim against the Founder or any of its Affiliates (or any employee, officer or advisor) in relation to the Restructuring Documents or against the provider of any Report (in its capacity as a provider of that Report).
Recovery Claim means certain debts (particularly MSP debts) owed to the Medicare program.