Indemnity Claim definition

Indemnity Claim has the meaning set forth in Section 8.3(a).
Indemnity Claim has the meaning set forth in Section 8.3.
Indemnity Claim means a claim for indemnity under Section 7.1 or 7.2, as the case may be.

Examples of Indemnity Claim in a sentence

  • For Indemnity Claims with respect to which the threshold limitations in Section 8.7 apply, an Indemnity Claim shall be deemed to have been made (subject to the other provisions of Section 8.7) upon the indemnified Person’s providing an initial Indemnity Claim Notice to the indemnifying Party stating that the Claim underlying the Indemnity Claim could reasonably be expected in good faith to exceed the applicable threshold amount.

  • For the avoidance of doubt, save for a Relevant Indemnity Claim, the Vendor’s liability in respect of any claim made against any indemnity or tax covenants shall not be subject to the limitations on the minimum per claim threshold, aggregate amount recoverable threshold or the maximum aggregate liability set out above.

  • The obligation to make restitution in the case of Treasurers is referred to as a Treasury Claim, while in the case of other persons such obligation is referred to as an Indemnity Claim.

  • The employee in question agreed to pay the Indemnity Claim by monthly installment.


More Definitions of Indemnity Claim

Indemnity Claim has the meaning set forth in Section 13.6 of this Agreement.
Indemnity Claim has the meaning assigned to such term in Section 9.5.
Indemnity Claim shall have the meaning set forth in Section 9.3(c).
Indemnity Claim shall have the meaning set forth in Section 6(a).
Indemnity Claim shall have the meaning set forth in Section 9.5.
Indemnity Claim has the meaning set forth in Section 7.7(b)(i).
Indemnity Claim means any and all losses, damages, deficiencies, liabilities, obligations, actions, claims, suits, proceedings, demands, assessments, judgments, recoveries, fees, costs and expenses (including, without limitation, all out-of-pocket expenses, reasonable investigation expenses and reasonable fees and disbursements of accountants and counsel) of any nature whatsoever (collectively, "Losses") arising out of, based upon or resulting from (i) any inaccuracy in or breach of any representation and warranty of the Company or the Shareholders which is contained in this Agreement or any Schedule or certificate delivered pursuant hereto or thereto; or (ii) any breach or nonfulfillment of, or any failure to perform, any of the covenants, agreements or undertakings of the Company (which covenants, agreements or undertakings were to be performed or complied with on or prior to the consummation of the Merger) or the Shareholders which are contained in or made pursuant to the terms and conditions of this Agreement. Each of the Shareholders further agrees that the Parent shall be entitled to make a claim against the Escrow Shares for reimbursement in full of any and all Losses incurred by Parent or the Company as a result of any claim made by Xxxxxxx Xxxxxxx against Parent or the Company based on any matter arising under or related to the Employment Agreement, dated May 18, 1999, between the Company and Xxxxxxx Xxxxxxx, or the Restricted Stock Award Agreement, dated May 18, 1999, between the Company and Xxxxxxx Xxxxxxx and, notwithstanding anything in this Agreement to the contrary, the limitation set forth in Section 11.6(a) shall not apply to reimbursement for such Losses.