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.