Examples of Direct Claim Notice in a sentence

A Direct Claim Notice will describe the Direct Claim in reasonable detail and indicate the estimated amount of the Liabilities (if estimable) that have been or may be sustained by the Indemnified Party.
If the Direct Claim that is the subject of the Direct Claim Notice has not been resolved prior to the expiration of the Discussion Period, the Indemnifying Party and the Indemnified Party may submit the dispute for resolution to a court of competent jurisdiction on the terms and subject to the provisions of this Agreement.
Any claim by an Indemnified Party for Liabilities which do not result from a Third Party Claim (a "Direct Claim") must be asserted by giving the Indemnifying Party reasonably prompt written notice thereof (such notice, a "Direct Claim Notice").

More Definitions of Direct Claim Notice

Direct Claim Notice has the meaning given such term in Section 10.2(g).

Direct Claim Notice shall have the meaning set forth in Section 12.5.5.

Direct Claim Notice has such meaning ascribed to it under Section 6.2(e)(iii) of this Agreement.

Direct Claim Notice means written notification of a Direct Claim to an Indemnifying Party, which notice shall describe the factual and legal basis of such Direct Claim in reasonable detail (taking into account the information then available to such Indemnified Party), including the sections of this Agreement that form the basis of such claim, copies of all notices, pleadings, documents, and all other material written evidence thereof, if any, and, if then known and calculable, the amount or, if not then known or calculable, a good faith estimate of the Liabilities that have or may be sustained by the Indemnified Party.

Direct Claim Notice shall have the meaning set forth in Section 6.3(c). “Disputed Item” shall have the meaning set forth in Section 2.3(c).

Direct Claim Notice shall have the meaning specified in Section 13.2(d)(v).

Direct Claim Notice shall have the meaning set forth in Section 8.4(a).