Covered Matter definition
Covered Matter shall have the meaning set forth in Section 5.16(i).
Covered Matter has the meaning set forth in Section 6.10(i).
Covered Matter means any of the following:
Examples of Covered Matter in a sentence
Any such notice shall describe the Covered Matter in reasonable detail.
Amounts paid directly to Director with respect to a Covered Matter by Corporation's D&O Insurance carriers will be credited to the amounts payable by Corporation to Director under this Agreement.
Upon Corporation's request, Director will provide Corporation with a copy of the document or pleading, if any, notifying Director of the Covered Matter.
Such indemnification will cover all Expenses (as defined in paragraph 5(a) below), liabilities, judgments (including punitive and exemplary damages), penalties, fines (including excise taxes relating to employee benefit plans and civil penalties) and amounts paid in settlement which are incurred or imposed upon Director in connection with a Covered Matter (collectively, "Indemnified Amounts").
As used in this Agreement, "Expenses" means all costs and expenses (including attorneys' fees, expert fees, other professional fees and court costs) incurred by Director in connection with a Covered Matter other than judgments, penalties, fines and settlement amounts.
More Definitions of Covered Matter
Covered Matter shall have the meaning set forth in Section 8.1(i).
Covered Matter. ’ means any judicial or other proceeding, application, request for a ruling or other determination, contract, claim, con- troversy, investigation, charge, accusation, ar- rest, or other particular matter.
Covered Matter means any matter, whether arising before or after the Effective Time, with respect to which any Delphi Technologies Indemnitee may seek to exercise any right under any insurance policy pursuant to this Section 5.16. If Delphi Technologies receives notice or otherwise learns of any Covered Matter, Delphi Technologies shall promptly give Aptiv written notice thereof. Any such notice shall describe the Covered Matter in reasonable detail. With respect to each Covered Matter and any Joint Claim, Delphi Technologies shall have sole responsibility for reporting the claim to the insurance carrier and will provide a copy of such report to Delphi Technologies. If Aptiv or another member of the Aptiv Group fails to notify Delphi Technologies within fifteen (15) days that it has submitted an insurance claim with respect to a Covered Matter or Joint Claim, Delphi Technologies shall be permitted to submit (on behalf of the applicable Delphi Technologies Indemnitee) such insurance claim.
Covered Matter has the meaning set forth in Section 6.9(k).
Covered Matter means any notice to quit or notice to
Covered Matter means any matter (other than matters related to claims for workers’ compensation) with respect to which any member of (i) the SpinCo Group or any of their respective directors, officers or employees may seek to exercise any right under any policy of insurance or related agreement of RemainCo or any other member of the RemainCo Group pursuant to this Section 6.10 (a “SpinCo Covered Matter”) or (ii) the RemainCo Group or any of their respective directors, officers or employees may seek to exercise any right under any policy of insurance or related agreement of SpinCo or any other member of the SpinCo Group pursuant to this Section 6.10 (a “RemainCo Covered Matter”). If either RemainCo or SpinCo receives notice or otherwise learns of any Covered Matter, such Party shall promptly give written notice thereof to the other Party. Any such notice shall describe the Covered Matter in reasonable detail. With respect to each SpinCo Covered Matter (other than a SpinCo Covered Matter with respect to which any member of the RemainCo Group or any of their respective directors, officers or employees may seek to exercise any right under any policy of insurance or related agreement of RemainCo or any other member of the RemainCo Group), SpinCo shall have sole responsibility for reporting the claim to the insurance carrier and managing and defending the claim (collectively, “Claims Administration”); provided that SpinCo shall provide RemainCo with at least ten days’ prior written notice before settling or seeking settlement authority from any applicable insurance underwriter for an amount equal to or exceeding $5 million with respect to any such SpinCo Covered Matter. With respect to each RemainCo Covered Matter (other than a RemainCo Covered Matter with respect to which any member of the SpinCo Group or any of their respective directors, officers or employees may seek to exercise any right under any policy of insurance or related agreement of SpinCo or any other member of the SpinCo Group), RemainCo shall have sole responsibility for Claims Administration; provided that RemainCo shall provide SpinCo with at least ten days’ prior written notice before settling or seeking settlement authority from any applicable insurance underwriter for an amount equal to or exceeding $5 million with respect to any such RemainCo Covered Matter.
Covered Matter means any matter, whether arising before or after the Distribution Time, with respect to which any OmniAb Indemnitee may seek to exercise any right under any insurance policy pursuant to this Section 8.1. If OmniAb receives notice or otherwise learns of any Covered Matter, OmniAb shall promptly give Ligand written notice thereof. Any such notice shall describe the Covered Matter in reasonable detail. With respect to each Covered Matter and any Joint Claim, OmniAb shall have sole responsibility for reporting the claim to the insurance carrier and will provide a copy of such report to OmniAb. If Ligand or another member of the Ligand Group fails to notify OmniAb within fifteen (15) days that it has submitted an insurance claim with respect to a Covered Matter or Joint Claim, OmniAb shall be permitted to submit (on behalf of the applicable OmniAb Indemnitee) such insurance claim.