Indemnifying Person definition
Examples of Indemnifying Person in a sentence
The failure to give such prompt written notice will not, however, relieve the Indemnifying Person of the Indemnifying Person’s indemnification obligations, except and only to the extent that the Indemnifying Person is materially prejudiced by reason of such failure.
If no written objection is delivered within such 30-day period, the Direct Claim shall be deemed accepted by the Indemnifying Person.
After (a) any final Order has been rendered by a Governmental Authority of competent jurisdiction, (b) a settlement has been consummated in accordance with this Article VIII, or (c) the Indemnified Person and the Indemnifying Person have arrived at a mutually binding Contract, in each case, with respect to a Third-Party Claim or a Direct Claim, the Indemnified Person shall forward to the Indemnifying Person notice of any amounts due and owing by the Indemnifying Person in accordance with this Article VIII.
The Indemnifying Person shall have 30 days following receipt of a Direct Claim notice to dispute such Direct Claim.
An Indemnified Person shall assert any claim on account of Damages that do not result from a Third-Party Claim (a “Direct Claim”) by giving the Indemnifying Person prompt written notice thereof.