Common use of Prosecution of Claims Clause in Contracts

Prosecution of Claims. Unless otherwise directed by the Joint Board in writing, TSP shall be responsible for reporting and processing all potential claims under the insurance required to be provided under this Section 9. TSP agrees to report timely to the insurer(s) any and all matters which may give rise to an insurance claim and to promptly and diligently pursue any and all insurance claims on behalf of the Joint Board, whether for defense or indemnity or both. The Joint Board agrees to promptly notify TSP of the Joint Board’s incidents, potential claims, and matters which may give rise to an insurance claim by the Joint Board, to tender its defense or the claim to TSP, and to cooperate with TSP as necessary for TSP to fulfill its duties hereunder.

Appears in 6 contracts

Samples: Toll Services Agreement, Toll Services Agreement, Toll Services Agreement

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