Applicable Claims definition

Applicable Claims means all claims, liabilities, obligations, losses, damages, penalties, judgments, proceedings, interest, costs and expenses of any kind (including remedial response costs, reasonable and documented attorneys’ fees and Lender Group Expenses) at any time (including after payment in full of the Obligations or replacement of Agent or any Lender) incurred by any Indemnified Person or asserted against any Indemnified Person by any Loan Party or other Person, in any way relating to (a) any Loans, Letters of Credit, Loan Documents, Borrower Materials, or the use thereof or transactions relating thereto, (b) any action taken or omitted in connection with any Loan Documents, (c) the existence or perfection of any Liens, or realization upon any Collateral, (d) exercise of any rights or remedies under any Loan Documents or applicable law, or (e) failure by any Loan Party to perform or observe any terms of any Loan Document, in each case including all costs and expenses relating to any investigation, litigation, arbitration or other proceeding (including an Insolvency Proceeding or appellate proceedings), whether or not the applicable Indemnified Person is a party thereto.
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Applicable Claims means any claims presented to the Company by the Company’s existing shareholders under Section 12(a) of the Securities Act to exercise any potential rescission rights with regard to any Applicable Shares.
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Applicable Claims has the meaning set forth in Section 5.03(c) of this Agreement.
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Examples of Applicable Claims in a sentence

  • In Agent’s discretion, it may reserve for any Applicable Claims made against an Agent-Related Person or Issuing Bank Indemnitee, and may satisfy any judgment, order or settlement relating thereto, from proceeds of Collateral prior to making any distribution of Collateral proceeds to Lenders (and Bank Product Providers).

  • Each Bank Product Provider shall indemnify and hold harmless Agent-Related Persons, to the extent not reimbursed by Loan Parties, against all Applicable Claims that may be incurred by or asserted against any Agent-Related Person in connection with such provider's Bank Product Obligations.

  • Agent may request instructions from Required Lenders or other Lenders or Bank Product Providers with respect to any act (including the failure to act) in connection with any Loan Documents or Collateral, and may seek assurances to its reasonable satisfaction from Lenders or Bank Product Providers of their indemnification obligations against Applicable Claims that could be incurred by Agent.

  • A registered holder of Applicable Claims that is a Debt Commitment Party should follow the payment instructions in the Funding Notice.

  • A registered holder of Applicable Claims that is not a Debt Commitment Party should follow the payment instructions as provided in the Master Subscription Form.

  • The Rights Offering Instructions for Eligible Holders of Applicable Claims attached hereto should be carefully read and strictly followed by the Eligible Holders of Applicable Claims.

  • For Eligible Holders that are not Debt Commitment Parties that hold Applicable Claims via a Nominee, please instruct your Nominee to coordinate payment of the Purchase Price and transmit and deliver such payment to the Subscription Agent by the Subscription Expiration Deadline.

  • The cumulative HBR for any Contract Year, as of a specified date within such Contract Year (“Cumulative HBR”), shall be calculated using Applicable Claims Data for the period commencing as of the first day of the applicable Contract Year and continuing through the end of the month immediately preceding the specific date of determination.

  • Insert the principal amount of the Applicable Claims that you held as of the Record Date in Item 1 of your Subscription Form (if your Nominee holds your Applicable Claims on your behalf and you do not know such amount, please contact your Nominee immediately).

  • Final cumulative HBR totals for each Contract Year (“Final Year-End HBR”) shall be calculated using Applicable Claims Data received during the period commencing as of the first day of such Contract Year and continuing for fifteen (15) months thereafter.


More Definitions of Applicable Claims

Applicable Claims shall have the meaning set forth in Section 6.9.
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Applicable Claims has the meaning in paragraph 4.1 of Schedule 4;
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Applicable Claims means Claims or Causes of Action held by the Debtors or their Estates against the Debtors’ current and former directors and officers, other than Claims or Causes of Action arising out of or related to any act or omission that is a criminal act or constitutes intentional fraud, gross negligence, or willful misconduct as determined by a Final Order.
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Applicable Claims shall have the meaning set forth in Section 2.6(b) hereof.
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Related to Applicable Claims

  • Section 510(b) Claims means any Claim or Interest against a Debtor subject to subordination under section 510(b) of the Bankruptcy Code, whether by operation of law or contract.

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Excluded Claims means: (a) Customer’s breach of Section 2.3 (Restrictions), (b) either party’s breach of Section 14 (Confidentiality) or (c) amounts payable to third parties under the indemnifying party’s obligations in Section 13 (Indemnification).

  • Incurred claims means total claims paid during the experience period, adjusted for the change in claim reserve. (7-1-93)

  • Approved Claims means Settlement Claims in an amount approved by the Claims Administrator or found to be valid through the Dispute Resolution process.