Covered claim definition

Covered claim means the following:

Covered claim means either a Provider Covered Claim or Customer Covered Claim.

Covered claim a Claim that one Party intends to assert against the other Party, its Affiliates, or any of their personnel, other than (a) provisional remedies related to Claims related to infringement or misappropriation of intellectual property, (b) Claims of 8x8 or its Affiliate relating to Billed Amounts not disputed in accordance with Section 7.2 (Payment of Billed Amounts), and (c) Claims that the other Party is expressly required to defend under the Agreement.

Examples of Covered claim in a sentence

• Neuronetics’ obligations under this Section 13(d) are contingent upon: (viii) Customer promptly notifying Neuronetics in writing of the Covered Claim; (ix) Customer giving Neuronetics sole power and control over the investigation, defense, and settlement of the Covered Claim; and (x) Customer reasonably cooperating with Neuronetics in connection with its investigation, defense, and settlement of the Covered Claim.

• The Indemnifying Party may not agree to any settlement of a Covered Claim that contains an admission of fault or otherwise materially and adversely impacts the Protected Party without the prior written consent of the Protected Party.

• The indemnifying party may not settle a Covered Claim without the indemnified party’s prior approval if settlement would require the indemnified party to admit fault or take or refrain from taking any action.

• If required by settlement or court order, or if deemed reasonably necessary in response to a Provider Covered Claim, Provider may: (a) obtain the right for Customer to continue using the Product; (b) replace or modify the affected component of the Product without materially reducing the general functionality of the Product; or (c) if neither (a) nor (b) are reasonable, terminate the affected Order Form and issue a pro-rated refund of prepaid fees for the remainder of the Subscription Period.

• The indemnified party may participate in a Covered Claim with its own counsel at its own expense.

More Definitions of Covered claim

Covered claim means an unpaid claim, including one for unearned

Covered claim has the meaning set forth in Section 8.4(a).

Covered claim means an unpaid claim, including a

Covered claim means an unpaid claim against an insolvent individual self-insurer or group self-insurer that relates to an injury that occurs while the individual self-insurer or group self-insurer is a member of the Association and that is compensable under this Chapter.

Covered claim means an unpaid claim, including one for unearned premiums, submitted by a claimant, which arises out of and is within the coverage and is subject to the applicable limits of an insurance policy to which this Act applies issued by an insurer, if such insurer becomes an insolvent insurer after the effective date of this Act and:

Covered claim means an unpaid claim, including an unpaid claim for unearned premiums, submitted by a claimant, that arises out of and is within the coverage and is subject to the applicable limits of an insurance policy to which this chapter applies, issued by an insurer, if this insurer becomes an insolvent insurer after August 1, 1999, and the claimant or insured is a resident of this state at the time of the insured event; provided that for entities other than an individual, the residence of a claimant, insured, or policyholder is the state in which the entity's principal place of business is located at the time of the insured event; or the claim is a first-party claim for damage to property with a permanent location in this state. The term does not include:

Covered claim has the meaning set forth in Section 13.9(b).