Xxxxxx Claim definition

Xxxxxx Claim shall have the meaning set forth in Section 10.1(a).
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Xxxxxx Claim means the claim asserted by Xxxxxx Corp. in the amount of approximately $2.28 million pursuant to a promissory note executed by Sezmi in favor of Xxxxxx Corp., which claim is further described in the lawsuit known as Xxxxxx Corp. v.
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Xxxxxx Claim means any and all Losses associated with the Proceeding styled Xxxxxxx Xxxxxx x. Xxxxxx Equities, Inc. filed on January 6, 2015 in the Commonwealth of Massachusetts Superior Court, Department of the Trial Court at Worcester (Civil Action No.: 15-0024D) including, but not limited to, the Order issued in connection therewith”.
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Examples of Xxxxxx Claim in a sentence

  • At any time that there are no Shares outstanding of any particular Series or class of any Series previously established and designated, the Trustees may abolish that Series or class and to rescind the establishment and designation thereof.

  • Xx. Xxxxxxx'x employment relates to an objection to a tax Claim exceeding $11 million filed ________________________________________________________________________________ Face Amount of Xxxxxx Claim Payment to Xxxxxx Due Subject to Redemption $1.0 million $ 150,000 $2.0 million $ 300,000 $3.0 million $ 500,000 $4.0 million $ 750,000 $5.0 million $1,050,000 Upon ERLY's timely payment of the specified payment amount, the redeemed portion of the Xxxxxx Claim will be fully satisfied..

  • Any portion of the Xxxxxx Claim not subject to redemption will share ratably with other general unsecured claims as an allowed claim against ERLY.

  • If WPCS objects to a Xxxxxx Claim Notice, the Stockholders’ Representative and WPCS shall use their best efforts to attempt in good faith to resolve such claim in an expedited manner.

  • No Purchaser Indemnitee shall be entitled to indemnity for Damages with respect to (i) the Xxxxxx Claim unless and until the Purchaser has been denied in writing recovery of such Damages from the Company’s insurance company defending the Company and/or any Company Subsidiary in such claim; and (ii) the Montana Environmental Claim unless and until the Purchaser uses its commercially reasonable efforts to have the Montana Environmental Claim accepted into the Montana Petroleum Tank Release Cleanup Fund.

  • YTRV is the beneficial holder of the following unpatented mineral claims: Xxxxxx Claim Located in the Leecher Creek Mining District, Okanogan County, Washington, USA Claim Name Found Under Auditor Number Xxxxxx Xxxx Mining Claim 3115896 Legal title to the Xxxxxx Claim is held in trust for YTRV by Multi Metal Mining Corp.

  • Within twenty (20) business days after receipt of the Xxxxxx Claim Notice, WPCS will advise the Stockholders’ Representative whether WPCS agrees with the Xxxxxx Claim Notice and to the amount thereof, or whether WPCS objects to the same.

  • Payment of such amount to the Purchaser will, when made, represent full and final payment of all Damages for which the Purchaser is entitled to indemnification under the Purchase Agreement relating to the Xxxxxx Claim.

  • Extension of Option Agreement for the Xxxxxx Claim Xxxx Xxxxxx, and Xxxxx Xxxxxx for the due consideration of $10.00 hereby agree to extend the date for Emerald Isle Corporation to tender $50,000.00 pursuant to the Option Agreement dated February 21, 2006 to purchase the Xxxxxx Claims.

  • Prior to Closing, KIT shall have reached a full and final settlement agreement with respect to the Xxxxxx Claim for and on behalf of the Company.


More Definitions of Xxxxxx Claim

Xxxxxx Claim means allegations by Xxxxxx set forth in its tenant estoppel certified to Keystone dated October 30, 2002, including, without limitation, the following allegations: that Keystone (i) failed to repaint the interior walls of Delmar's demised premises at the Xxxxxx Property (subject to a maximum obligation of $13,000), (ii) interfered with Delmar's attempt to sublet or assign its demised premises at the Xxxxxx Property, and (iii) overbilled Xxxxxx for electricity charges at the Xxxxxx Property to the date hereof due to improper hookup of utility meters for the common area electrical facilities.
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Xxxxxx Claim means the claims being asserted against Seller by Xxxxxx Xxxxxx.
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Related to Xxxxxx Claim

  • 503(b)(9) Claim means a Claim or any portion thereof entitled to administrative expense priority pursuant to section 503(b)(9) of the Bankruptcy Code.

  • IPR Claim means any claim of infringement or alleged infringement (including the defence of such infringement or alleged infringement) of any IPR, used to provide the Services or as otherwise provided and/or licensed by the Supplier (or to which the Supplier has provided access) to the Authority in the fulfilment of its obligations under this Framework Agreement;

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Tax Claim has the meaning set forth in Section 6.05.

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • Deficiency Claim means any portion of a Claim (a) to the extent the value of the holder’s interest in Assets securing such Claim is less than the amount of such Claim or (b) to the extent the amount of a Claim is subject to setoff is less than the amount of the Claim, each as determined by § 506(a) of the Bankruptcy Code.

  • Fraud Claim means any claim based in whole or in part upon fraud, willful misconduct or intentional misrepresentation.

  • IP Claim means a Claim made against you by a third party alleging that the Stripe Technology, Services or a Stripe Mark provided to and used by you in accordance with this Agreement infringes or misappropriates the IP Rights of the third party making the Claim, excluding Claims made by Connected Accounts.

  • Covered claim means the following:

  • DIP Claim means any Claim arising under, derived from or based upon the DIP Facility or DIP Orders, including the DIP Exit Backstop Premium and the guarantees in respect thereof under the DIP Facility Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising under or related to the DIP Facility.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • D&O Claim means any right or claim of any Person against one or more of the Directors and/or Officers howsoever arising on or before the D&O Bar Date, for which the Directors and/or Officers, or any of them, are by statute liable to pay in their capacity as Directors and/or Officers or which are secured by way of any one of the Directors’ Charges;

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Settled claim means the original tort claim resolved by a structured settlement.

  • Unsecured Claim means any Claim that is not a Secured Claim.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Allowed Secured Claim means an Allowed Claim secured by a lien, security interest or other charge against property in which the Estate has an interest, or which is subject to setoff under Section 553 of the Bankruptcy Code, to the extent of the value, determined in accordance with Section 506(a) of the Bankruptcy Code, of the interest of the holder of such Allowed Secured Claim in the Estate's interest in such property, or to the extent of the amount subject to any setoff, as the case may be.

  • Urgent Care Claim means a claim for medical care or treatment where making a non-urgent care decision: (a) could seriously jeopardize the life or health of the claimant or the ability of the claimant to regain maximum function, as determined by an individual acting on behalf of the plan applying the judgment of a prudent layperson who possesses an average knowledge of health and medicine; or (b) in the opinion of a physician with knowledge of the claimant’s medical condition, would subject the claimant to severe pain that cannot be adequately managed without the care.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Allowed Claim means an Allowed Claim of the type described.

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.