Direct Claim definition

Direct Claim has the meaning set forth in Section 8.05(c).

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Direct Claim has the meaning set forth in Section 9.4.

Direct Claim means any claim by an Indemnitee on account of an Indemnifiable Loss which does not result from a Third Party Claim.

Examples of Direct Claim in a sentence

• The Indemnifying Party shall have thirty (30) days after its receipt of such notice to respond in writing to such Direct Claim.

• With respect to any Direct Claim, following receipt of notice from the Indemnified Party of the Claim, the Indemnifying Party shall have 45 days to make such investigation of the Claim as is considered necessary or desirable.

• Any Action by an Indemnified Party on account of a Loss that does not result from a Third-Party Claim (a “Direct Claim”) shall be asserted by the Indemnified Party giving the Indemnifying Party written notice thereof not later than thirty (30) calendar days after the Indemnified Party becomes aware of such Direct Claim.

• The Indemnified Party shall allow the Indemnifying Party to investigate the matter or circumstance alleged to give rise to the Direct Claim, and whether and to what extent any amount is payable in respect of the Direct Claim and the Indemnified Party shall assist the Indemnifying Party’s investigation by giving such information and assistance as the Indemnifying Party or any of its professional advisors may reasonably request.

• Any Notice of Claim shall specify whether the Claim arises as a result of a claim by a person against the Indemnified Party (a "Third Party Claim") or whether the Claim does not so arise (a "Direct Claim"), and shall also specify with reasonable particularity, to the extent that the information is available, the factual basis for the Claim and the amount of the Claim.

More Definitions of Direct Claim

Direct Claim shall have the meaning set forth in Section 10.3(d).

Direct Claim has the meaning set forth in Section 5.5.

Direct Claim has the meaning set forth in Section 4.06(b).

Direct Claim means any Claim by an Indemnified Party against an Indemnifier that does not result from a Third Party Claim.

Direct Claim has the meaning ascribed thereto in Section 8.3(a);

Direct Claim means any cause, matter, thing, act, omission or state of facts not involving a Third Party Claim which entitles an Indemnified Party to make a claim for indemnification under this Agreement.

Direct Claim shall have the meaning set forth in Section 6.4(a)(ii).