Claim Notice definition

Claim Notice has the meaning set forth in Section 8.4(a).

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Claim Notice shall have the meaning specified in Section 9.3(a).

Claim Notice has the meaning set forth in Section 10.3(a).

Examples of Claim Notice in a sentence

Upon receipt of an Indemnification Claim Notice relating to a third-party claim, Parent shall have the right, at its sole cost and expense, to assume control of the defense of such third-party claim with counsel reasonably acceptable to the CVR Holders’ Representative, by delivering written notice of its election to do so to the CVR Holders’ Representative within thirty (30) days after receipt of the Indemnification Claim Notice.
If the Indemnifying Party delivers an Indemnity Objection Notice in accordance with Section 11.3(b), Seller and Buyer shall attempt in good faith to agree upon the rights of the respective Parties with respect to each of such Claims that is the subject of the Indemnity Claim Notice.
If the Indemnifying Party objects to any claim made in the Indemnity Claim Notice, then the Indemnifying Party shall provide a written statement of such objection (an “Indemnity Objection Notice”), prior to 11:59 p.m. Eastern Time on the forty-fifth (45th) day after the Indemnifying Party’s receipt of the Indemnity Claim Notice.
The Indemnitee shall enclose with the Claim Notice a copy of all papers served with respect to such Third Party Claim and any other documents evidencing such Third Party Claim.
If the Indemnitor does not object in writing to its obligation to indemnify the Indemnitee with respect to such Losses within thirty (30) days after its receipt of the Claim Notice, the Indemnitor shall be deemed to have accepted responsibility for such claim.

More Definitions of Claim Notice

Claim Notice shall have the meaning set forth in Section 14.3(a).

Claim Notice has the meaning set forth in Section 5.4(b).

Claim Notice means written notification pursuant to Section 11.02(a) of a Third Party Claim as to which indemnity under Section 11.01 is sought by an Indemnified Party, enclosing a copy of all papers served, if any, and specifying the nature of and basis for such Third Party Claim and for the Indemnified Party's claim against the Indemnifying Party under Section 11.01, together with the amount or, if not then reasonably determinable, the estimated amount, determined in good faith, of the Loss arising from such Third Party Claim.

Claim Notice has the meaning set forth in Section 13.7(b).

Claim Notice shall have the meaning set forth in Section 6.7(a).

Claim Notice means written notification which contains (i) a description of the Damages incurred or reasonably expected to be incurred by the Indemnified Party and the Claimed Amount of such Damages, to the extent then known, (ii) a statement that the Indemnified Party is entitled to indemnification under Article VII for such Damages and a reasonable explanation of the basis therefor, and (iii) a demand for payment in the amount of such Damages.

Claim Notice is defined in Section 9.3(a).