In the event of a claim, AGF will pay 50% of the amount of the claim within 14 days from the date the claim is approved. The balance will be paid after the Guaranteed Party has exhausted its recovery efforts in accordance with its recovery procedures, but not less than 90 business days from the date of claim approval; the recovery efforts are not tied to the conclusion of any judicial/court processes as the final claim payment can be made pending conclusion of such processes subject to provision of evidence that all other recovery efforts/procedures have been undertaken by the Guaranteed Party.