Examples of Indemnity Claim in a sentence
As of the Effective Time of the CCAA Plan, the Court permanently bars, enjoins and restrains any person or entity from commencing, prosecuting, or asserting any Securities- Related Indemnity Claim, provided, however, that nothing in this Judgment shall be construed or asserted to bar, enjoin or restrain the Settling Defendants from obtaining or enforcing any rights they may have pursuant to the Settlement Agreements.
Rennert).20▪ The Indemnity Claim: Renco and its affiliates requested that Activos Mineros, the Ministry of Energy and Mines, and the Ministry of Economics and Finance of Peru honor alleged contractual obligations to defend against the Lawsuits and release, protect, and hold harmless Renco and its affiliates.21 Renco does not allege that the expert procedure established in the Contract has been satisfied.▪ The Treaty Proceeding: The Treaty entered into force on February 1, 2009.
If the matter or circumstance giving rise to an Indemnity Claim is capable of remedy, the Company shall have no liability in respect of that Indemnity Claim unless the relevant matter or circumstance is not remedied within 30 (Thirty) Business Days after the date on which the Company is given notice as contemplated by Clauses 7.5(a) or 7.5(g), as applicable, in relation to that matter or circumstance.
Such notice shall consist of a description of the Claim, the amount (which may be estimated in the event of Indemnity Claims) of the Claim in United States dollars and, in the case of an Indemnity Claim, each Buyer Group Member.EA Section 4 also establishes an Expiration Date for indemnification claims.
The Indemnifying Party will have the right to direct, through counsel of its own choosing, the defense or settlement of any Indemnity Claim at its own expense.