Third Party Claim definition

Third Party Claim has the meaning set forth in Section 8.3.

Third Party Claim has the meaning set forth in Section 10.3(a).

Third Party Claim has the meaning set forth in Section 7.05(a).

Examples of Third Party Claim in a sentence

• The Indemnifier shall not enter into any compromise or settlement of any Third Party Claim without obtaining the prior written consent of the Indemnified Party.

• Such notice to the Indemnifier shall describe the Third Party Claim in reasonable detail and shall indicate, if reasonably practicable, the estimated amount of the Loss that has been or may be sustained by the Indemnified Party.

• If an Indemnified Party receives notice of the commencement or assertion of any Third Party Claim, the Indemnified Party shall give the Indemnifier reasonably prompt notice thereof.

• The Indemnitee will permit the Indemnitor to control the litigation or settlement of such Third Party Claim, and cooperate fully with Indemnitor in all related matters, provided, however, that unless agreed by Xxxxxxxxxx (a) counsel appointed by Indemnitor to defend Indemnitee will not take any position which if sustained would cause Indemnitee not to be indemnified by Indemnitor and (b) no settlement will involve any terms binding on Indemnitee except payment of money to by paid by Indemnitor.

• The Indemnified Party shall cooperate in good faith in the defence of each Third Party Claim, at the expense of the Indemnifier even if the defence has been assumed by the Indemnifier, and may participate in such defence assisted by counsel of its own choice at the cost and expense of the Indemnifier, provided that the Indemnifier and its legal counsel shall lead the defence.

More Definitions of Third Party Claim

Third Party Claim shall have the meaning specified in Section 9.3(a).

Third Party Claim shall have the meaning set forth in Section 4.5(a).

Third Party Claim shall have the meaning set forth in Section 14.3(a).

Third Party Claim shall have the meaning set forth in Section 8.4.

Third Party Claim means a Claim (i) brought by any Person other than the indemnifying Party or (ii) brought by a Party on behalf of or that could otherwise be asserted by a third party.

Third Party Claim has the meaning set forth in Section 6.6(a).

Third Party Claim is defined in Section 8.5(a).