Examples of Third Party Claim in a sentence

Seller shall have the right to control, at its own cost and expense, any Third Party Claim that is a Tax Contest with respect to a Pre-Closing Return which, if decided adversely, would be expected to constitute an Excluded Liability under this Agreement; provided, that Seller shall allow Buyer a reasonable opportunity to participate in the defense of such Tax Contest with its own counsel and at its own cost and expense.
Following delivery of a notice of a Third Party Claim, the Indemnified Party shall deliver to the Indemnifying Party, promptly (and in any event, within ten (10) business days) after the Indemnified Party’s receipt thereof, copies of all notices and documents (including court papers) received by the Indemnified Party relating to such Third Party Claim.
The Indemnifying Party shall not be entitled, and shall lose its right, to contest, defend, litigate and settle the Third Party Claim if the Indemnified Party shall give written notice to the Indemnifying Party of any objection thereto based upon the Litigation Conditions.
If Third Party Liability Coverage is included in ITEM 5 of the Declarations, the Insurer shall pay Loss on behalf of the Insureds resulting from a Third Party Claim first made against the Insureds during the Policy Period or the Extended Reporting Period, if applicable, for a Third Party Wrongful Act by the Insureds.

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 is defined in Section 8.5(a).

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