Direct Claim definition

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

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

Direct Claim has the meaning set out in Section 10.3.

Examples of Direct Claim in a sentence

If the Indemnifying Party does not respond within such 30-day period, the Indemnifying Party will be deemed to have accepted the Direct Claim.
The Indemnifying Party shall have thirty (30) days after its receipt of such notice to respond in writing to such Direct Claim.
The Indemnifying Party shall have a period of 30 days within which to respond to such Direct Claim.
If the Indemnifying Party rejects all or any part of the Direct Claim, the Indemnified Party shall be free to seek enforcement of its rights to indemnification under this Agreement with respect to such Direct Claim.
Any action by an Indemnified Party on account of a Loss which does not result from a Third-Party Claim (a “Direct Claim”) shall be asserted by the Indemnified Party giving the Indemnifying Party reasonably prompt written notice thereof, but in any event not later than fifteen (15) calendar days after the Indemnified Party becomes aware of such Direct Claim.

More Definitions of Direct Claim

Direct Claim has the meaning set forth in Section 5.5.

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

Direct Claim has the meaning set forth in Section 7.3.

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

Direct Claim means any Claim by an Indemnified Party against an Indemnifying Party which does not result from a Third Party Claim;

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