Common use of Claims Defined Clause in Contracts

Claims Defined. For the purposes of this Section 8.1, "Claims" shall mean any and all costs, liabilities (including strict or absolute liability without fault in tort or otherwise), losses, damages, penalties, actions or suits or claims which may be imposed on, incurred by, suffered by, or asserted against an Indemnified Person, as defined herein, and, except as otherwise expressly provided in this Section 8.1, shall include all reasonable out-of-pocket costs, disbursements and expenses (including legal fees and expenses) paid or incurred by an Indemnified Person in connection therewith.

Appears in 2 contracts

Sources: Indenture (Trans World Airlines Inc /New/), Indenture (Trans World Airlines Inc /New/)