Third Party Action definition
Third Party Action means any suit or proceeding by a person or entity other than a Party for which indemnification may be sought by a Party under Article VI.
Third Party Action has the meaning set forth in Section 7.2.
Third Party Action means any written assertion of a claim, or the commencement of any action, suit, or proceeding, by a third party as to which any person believes it may be an Indemnified Person hereunder.
Examples of Third Party Action in a sentence
In such event, the Indemnitee shall not settle or compromise such Third Party Action without the prior written consent of the Indemnitor, such consent not to be unreasonably withheld, conditioned or delayed.
More Definitions of Third Party Action
Third Party Action means any claim or action made by a Third Party against a Party that claims that a Licensed Product, or its use, Development, manufacture or sale infringes such Third Party’s intellectual property rights.
Third Party Action has the meaning set forth in Section 8.7.1.
Third Party Action shall have the meaning assigned to it in Section 14(a) hereof.
Third Party Action has the meaning given in Section 7.3(a), below.
Third Party Action shall have the meaning ascribed to such term in Section 6.3.
Third Party Action means any Proceeding by a Person other than a party to this Agreement for which indemnification may be sought by Purchaser pursuant to ARTICLE X.
Third Party Action is defined in Section 9.1.1.