Potential Claims Clause Samples
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Potential Claims. Lessee needs to notify Lessor of any damages to property, accidents, fires or potential law suits, so Lessor can notify his appropriate insurance carriers. BUILDING ADDITIONS, REMODELING AND REPAIRS 19. The Lessor hereby reserves the right at any time to build additional stories on this building or to build adjoining the building, and reserves the right to close any skylights, windows, or doors and may run necessary pipes, conduits and ducts through the herein ----------------- ------------------ LESSOR'S Initials LESSEE'S Initials leased premises and to carry on any work, repairs, alterations or improvements in, on or about the building or in the vicinity hereof and Lessee hereby waived any claim for damage or inconvenience caused by any of the above. If the Lessee shall vacate said Premises and surrender his key to same to Lessor during the last month of the term, the Lessor shall have the right to enter into said Premises for the purpose of decorating the same or making alterations or changes therein. Such action shall in no way relieve the Lessee of its obligation to pay said last month's rental. Lessor shall not be responsible for any property remaining on the Premises. If, during the last month of the term the Lessee shall vacate these Premises and surrender his key thereto to the Lessor, Lessor shall thereafter have the right to use said Premises as it sees fit and such use shall not change the Lessee's obligation to pay the rent for the last month. Lessor will coordinate these activities when possible with Lessee with Lessee so as not to interrupt Lessee's DAY TO DAY operation.
Potential Claims. During the Policy Period or the Discovery Period (if purchased), the Insureds may give written notice to the Insurer of circumstances that may reasonably be expected to give rise to a Claim; and
Potential Claims. Each Party must:
(a) as soon as practicable, notify the other Party in writing of the occurrence of any event in relation to the Goods and/or Services provided that may give rise to a claim under any policy of insurance effected or maintained by the other Party under this Agreement; and
(b) keep the other Party informed of all subsequent action and developments concerning the claim.
Potential Claims. During the Policy Period or the Discovery Period (if purchased), the Insureds may give written notice to the Insurer of circumstances that may reasonably be expected to give rise to a Claim; and
1) such notice shall set forth the Wrongful Act allegations anticipated and the reasons for anticipating such a Claim, with full particulars as to dates, persons and entities involved;
2) any Claim which is subsequently made against such Insured alleging, arising out of, based upon or attributable to such circumstances, shall be considered made at the time notice of such circumstances was first given to the Insurer, and
3) notice of any such subsequent Claim shall be given to the Insurer as soon as practicable after the risk manager or in-house general counsel of the Parent Company first learns of such Claim. No coverage shall be provided under this Policy for fees, costs, expenses or other loss incurred as a result of such circumstances prior to the time such subsequent Claim is actually made.
Potential Claims. If the Insured becomes aware of an actual or alleged Wrongful Act that may reasonably be expected to give rise to a Claim, and if the Insured reports such Wrongful Act to the Insurers in writing during the Policy Period, then any Claim subsequently arising from such Wrongful Act shall be deemed under this Policy to be a Claim made during the Policy Period in which such written notice is received by the Insurers. Such written notice to the Insurers shall include a complete and comprehensive statement of the facts and circumstances surrounding the Wrongful Act. All notices under this Policy shall be given in writing as described in Item 8 of the Declarations, and with reference to the Policy Number indicated in the Declarations. Notice shall not become effective until the date of receipt by the Insurers.
Potential Claims. 41 (iv) ARTICLE 7 CONDITIONS TO THE MERGER.............................................. 41 7.1 Conditions to Each Party's Obligation to Effect the Merger...... 41 7.2 Conditions to the Parent's and Merger Sub's Obligation to Effect the Merger............................................ 42 ARTICLE 8
Potential Claims. The Company and Parent each agree to use their reasonable best efforts to resolve any actions, suits, claims, litigation, or proceedings instituted or threatened by any Governmental Entity or otherwise against any of the parties hereto which would give rise to the occurrence of any of the events specified in paragraph (a) or (b) of Annex A to this Agreement.
Potential Claims. Without limiting clause 13.1
(a) the Buyer must also notify the Seller if:
(1) the Buyer believes that a Buyer Entity or the Buyer’s Guarantor would be entitled to make a Claim against the Seller but for the thresholds set out in clause 12.5; or
(2) the Buyer becomes aware of any events, matters or circumstances (including any potential threatened Third Party Claim or Tax Demand) that are reasonably likely to give rise to a Claim against the Seller, whether alone or with any other Claim or circumstances or with the passage of time).
Potential Claims. If any event occurs which may give rise to a claim involving Progen under any policy of insurance to be taken out by Medigen under this clause 14 then Medigen must:
(a) notify Progen as soon as reasonably practicable but in any event within five Business Days of the occurrence of that event; and
(b) ensure that Progen is kept fully informed of any subsequent actions and developments concerning the relevant claim.
Potential Claims. To the Company’s Knowledge, no set of facts exists that would constitute valid grounds for the assertion of a claim by a Governmental Body against the Company for any of the following: (1) Federal Acquisition Regulation (“FAR”) and/or Cost Accounting Standard noncompliance, (2) unallowable costs as defined in the FAR at Part 31, including those that may be included in indirect cost claims for prior years that have not yet been finally agreed to by the Defense Contract Audit Agency and/or the Administrative Contracting Officer; or (3) any other monetary claims relating to the performance or administration by the Company of Government Contracts to which it is or has been a party.