Asserted Liability definition

Asserted Liability has the meaning set forth in Section 9.4(a).
Asserted Liability has the meaning given to it in Section 7.5(a).
Asserted Liability shall have the meaning set forth in Section 7.3(a).

Examples of Asserted Liability in a sentence

  • In the event that the Indemnified Party exercises its right to settle an Asserted Liability, then the Indemnified Party irrevocably and unconditionally waives any right to indemnification by the Indemnifying Party with respect to the Asserted Liability.

  • Notwithstanding the foregoing, in any event, the Indemnified Party shall have the right to settle any Asserted Liability in accordance with Section 8.3(b) which the Indemnifying Party shall have undertaken to defend only if the Indemnified Party unconditionally releases the Indemnifying Party from any and all Liabilities as part of any such settlement.

  • Should the Indemnifying Party so elect to assume the defense of an Asserted Liability, the Indemnifying Party shall not, as long as it conducts such defense, be liable to the Indemnified Party for legal expenses subsequently incurred by the Indemnified Party in connection with the defense thereof.


More Definitions of Asserted Liability

Asserted Liability shall have the meaning given to such term in Section 14.2 hereof.
Asserted Liability shall have the meaning set forth in Section 8.1(a).
Asserted Liability shall have the meaning specified in Section 10.5(a) hereof.
Asserted Liability has the meaning provided such term in Section 10.5(a).
Asserted Liability is defined in Section 6.3.
Asserted Liability shall have the meaning set forth in Section 7.5(a).
Asserted Liability means the definition set out in Section 13.1 of this Agreement.