Examples of Indemnifiable Losses in a sentence
The procedures, but not the limitations, set forth in Sections 7.5 and 7.6 of the Master Transaction Agreement shall apply to Indemnifiable Losses under this Article VIII.
In the event the Indemnitee shall fail to use such commercially reasonable efforts, then notwithstanding anything in this Agreement to the contrary, the Indemnifying Party shall not be required to indemnify the Indemnitee for that portion of Indemnifiable Losses that would reasonably have been expected to have been avoided if the Indemnitee had used such commercially reasonable efforts.
The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all Indemnifiable Claims, and Indemnifiable Losses in accordance with the terms of such policies.