Common use of Claims for Compensation Clause in Contracts

Claims for Compensation. There are two categories of compensation that may be payable to an Eligible Claimant. These are: Section A Claims and Section B Claims. A Claimant is only entitled to compensation for one category of compensation. In other words, a Claimant may not receive both Section A and Section B compensation and must identify the category of compensation they seek at the time the Claim Form is submitted.

Appears in 3 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement