Mis-Selling Indemnity Claim definition

Mis-Selling Indemnity Claim means a claim by the Purchaser for payment pursuant to this clause 14, and for the avoidance of doubt, the Purchaser shall be entitled to make a Mis-Selling Indemnity Claim for payment even though at the time of the Mis-Selling Indemnity Claim: (a) the amount of the Mis-Selling Indemnity Claim is not known or quantifiable, (b) whether the Purchaser’s Group or the Group will suffer or incur any Losses in relation to the relevant claim, matter or liability which gives rise to the Mis-Selling Indemnity Claim or to which the Mis-Selling Indemnity Claim relates is not known, and (c) the relevant claim, matter or liability which gives rise to the Mis-Selling Indemnity Claim or to which the Mis-Selling Indemnity Claim relates is still contingent and a Mis-Selling Indemnity Claim will be treated as having been made when the Purchaser gives notice of such Mis-Selling Indemnity Claim (specified in sufficient detail, to the extent reasonably ascertainable, so the relevant customer and Pre-Completion Transaction or service can be identified), in accordance with clause 25 (Notices). The Purchaser agrees that it will procure that the Group deals with all Mis-Selling Claims, Complaints and Investigations in the ordinary course of its business and on the same basis, using the same or similar resources and prioritising such matter as if it were one of the Purchaser's own claims, complaints or investigations.

Related to Mis-Selling Indemnity Claim