Common use of Claims Made Clause in Contracts

Claims Made. Notwithstanding anything in this Agreement to the contrary, the Indemnitor shall only be liable under this Agreement to indemnify and make payments in connection with Proceedings first instituted, or claims first made, against an Indemnitee during the Term and in connection with Proceedings first instituted, or claims first made, against an Indemnitee after the Term but that arises out of an Indemnifiable Event that occurred during the Term.

Appears in 4 contracts

Samples: Indemnification Agreement (MICROSTRATEGY Inc), Indemnification Agreement (Tesla, Inc.), Indemnification Agreement (MICROSTRATEGY Inc)

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Claims Made. Notwithstanding anything in this Agreement to the contrary, the Indemnitor shall only be liable under this Agreement to indemnify and make payments in connection with Proceedings first instituted, or claims first made, against an Indemnitee during the Term and in connection with Proceedings first instituted, or claims first made, against an Indemnitee after the Term but that arises out of an Indemnifiable Event that occurred during the Term.

Appears in 1 contract

Samples: Indemnification Agreement (MICROSTRATEGY Inc)

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Claims Made. Notwithstanding anything in this Agreement to the contrary, the Indemnitor shall only be liable under this Agreement to indemnify and make payments in connection with Proceedings first instituted, or claims first made, against an Indemnitee during the Term and in connection with Proceedings first institutedarising from an actual or alleged Act prior to the Effective Date, or claims first made, against an Indemnitee any actual or alleged Interrelated Act on or after the Term but that arises out of an Indemnifiable Event that occurred during the TermEffective Date.

Appears in 1 contract

Samples: Indemnification Agreement (MICROSTRATEGY Inc)

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