Contribution Claim definition

Contribution Claim means any Claim by any Insurer against any other Insurer seeking contribution, equitable contribution, indemnity, equitable indemnity, subrogation, equitable subrogation, “other insurance” clauses rights, or pursuant to any other theory under law or in equity relating to the defense or payment by such paying insurer of all or any part of any Claim (a) asserted against the Diocese or the Debtors; (b) relating to the Insurance Policies; or (c) channeled to or paid, in whole or in part, by the Trust.
Contribution Claim means a cross-claim or other claim under common law or other law (disregarding any law which comes into force in breach of clause 13 and which breach has been Notified to the NSW Government under clause 16.5)
Contribution Claim means any claim by a Third Party against LFSL in respect of a Third Party Proceeding.

Examples of Contribution Claim in a sentence

  • LFSL shall promptly notify each Relevant Scheme Creditor of the occurrence of the Contribution Claim Determination Date and the amount (if any) of any Established Contribution Liability.


More Definitions of Contribution Claim

Contribution Claim means an AH Claim or Other Asbestos Obligation for contribution, as that term is defined by the non-bankruptcy law of the relevant jurisdiction, that is (i) held by (A) any Person (other than a past or present officer, director or employee of any of the Debtors) who has been, is or may be a defendant in an action seeking damages for asbestos-related personal injury, or (B) any assignee or transferee of such Person and (ii) is asserted against any of the Debtors or the Trust for reimbursement of a portion of any damages such Person has paid or may pay to the plaintiff in such action.
Contribution Claim means any Claim by any Insurer against any other Insurer seeking contribution, equitable contribution, indemnity, equitable indemnity, subrogation, equitable subrogation, “other insurance” clauses rights, or pursuant to any other theory under law
Contribution Claim means any Claim, most commonly expressed in terms of contribution, indemnity, equitable indemnity, subrogation, or equitable subrogation, or reimbursement, or any other indirect or derivative recovery, by a Non-Settling Insurer against a Settling Insurer, for the payment of money where such Non-Settling Insurer contends that it has paid more than its equitable or proportionate share of a Tort Claim asserted against any Protected Party.
Contribution Claim means a judgment by final order by any of the Debtors' officers, directors, employees, agent or representative against any of the Present Management for contribution.
Contribution Claim means a claim by a defendant to recover contribution or indemnity against a person (whether a defendant or not) in respect of a claim for a debt or damages made by a plaintiff;
Contribution Claim means any Claim, whether expressed in terms of contribution, indemnity, equitable indemnity, subrogation, equitable subrogation, allocation, reallocation, reimbursement, or any other direct, indirect or derivative recovery, by an Insurer for the payment of money where such Insurer contends that it has paid more than its equitable or proportionate share of a Claim against a Protected Party.
Contribution Claim means a claim by a person who has paid or may pay more than his allocated share of a judgment for which he is jointly and severally liable to (a) recover some or all of any such excess payment from a person who has paid less than his allocated share of such judgment or (b) to determine such allocated shares. For purposes of this subsection, the amount that a person has paid shall include payments to the plaintiff in the underlying action and to contribution claimants on contribution claims.