Examples of Special Indemnity Claim in a sentence
The Selling Shareholder’s indemnity obligation hereunder is limited to 60% of the Special Indemnity Claim.
Any claim or demand that would otherwise constitute both a Third-Party Claim and a Special Indemnity Claim shall, for purposes of this Agreement, solely constitute a Special Indemnity Claim to the extent that the Indemnified Party reasonably determines, after consultation with its outside counsel, that such Third-Party Claim cannot be reasonably and appropriately separated from such Special Indemnity Claim.
If an Indemnified Party wishes to make a claim under this Article XIII that does not involve a Third-Party Claim or a Special Indemnity Claim, the Indemnified Party shall give written notice to the Indemnifying Party setting forth (i) a reasonably detailed description of the claim, (ii) a good faith estimate of the amount of the claim (to the extent ascertainable) and (iii) the specific representation, warranty, covenant or provision of this Agreement that the Indemnified Party alleges to be breached.
The obligations of the parties with respect to the defense of the Special Indemnity Claim shall be as described in Schedule 4.1(e).
The ERKC shall have a helpdesk that should be able to respond in English to queries directly related to the information published on the ERKC portal within 5 working days.
Except for (i) an Absorb Special Indemnity Claim or (ii ) an Excluded Claim (as hereafter defined), Absorb’s maximum aggregate liability arising out of or related to this Agreement, whether in contract, tort, or under any other theory of liability, will be limited to the total amount paid or payable by Client hereunder to Absorb in the twelve (12) consecutive months preceding the incident causing the Claim (the “General Liability Cap”).
Any modification to this Amended Agreement as approved shall be attached hereto and incorporated herein by reference.
With respect to any Special Indemnity Claim, (A) any disclosure included in the Schedules relating thereto shall not reduce or mitigate any Losses relating thereto and (B) such claim for indemnification may include any Losses arising from, relating to or incurred in connection with any matter disclosed in the Schedules relating thereto.
Except for (i) an Absorb Special Indemnity Claim; (ii) a Client Special Indemnity Claim; or (iii) an Excluded Claim (as hereafter defined), each Party’s maximum aggregate liability arising out of or related to this Agreement, whether in contract, tort, or under any other theory of liability, will be limited to the total amount paid by Client hereunder to Absorb in the twelve (12) consecutive months preceding the incident causing the Claim (the “General Liability Cap”).