Third Party Awards definition

Third Party Awards means any actual recoveries from third parties by the Indemnified Party (including, without limitation, from insurance and third-party indemnification) in connection with the claim for which such party is also potentially liable, net of any costs or expenses incurred in obtaining such recoveries.
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Third Party Awards means any recoveries from third parties by a Buyer Indemnitee or Sellers’ Indemnitee, as the case may be (including from insurance and third-party indemnification) in connection with Losses for which such Indemnified Party seeks or receives indemnification hereunder. For the avoidance of doubt, with respect to any claims of indemnification hereunder by Buyer or either of the Companies, any recoveries from third parties (including from insurance and third-party indemnification) by Buyer, the Companies or any other Buyer Indemnitee shall constitute Third Party Awards.
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Third Party Awards means any monies actually recovered (less any amounts expended to obtain such recovery or Losses with respect to such recovery, including any increases in costs associated with or attributable to such recover (including increases in insurance premiums, costs, or deductibles) from third parties by a Buyer Indemnitee or Seller’s Indemnitee, as the case may be (including from insurance and third party indemnification and in each case excluding any Affiliates of or Subsidiaries of a Buyer Indemnitee or Seller Indemnitee) with respect to Losses for which Indemnified Party is entitled to and has sought or received indemnification hereunder.
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Examples of Third Party Awards in a sentence

  • As used herein, "Third Party Awards" shall mean any actual recoveries from third parties by the party seeking indemnification hereunder (the "Indemnified Party") (including, without limitation, from insurance and third party indemnifications) in connection with the claim for which such party is also potentially liable.

  • All Damages hereunder shall be determined net of any (i) Third Party Awards (as defined in this paragraph) and (ii) Tax Benefits (as defined in this paragraph).

  • All Losses hereunder shall be ----------------------- determined net of any (i) Third Party Awards (as defined in this paragraph) and (ii) Tax Benefits (as defined in this paragraph).

  • Third Party Awards are these awards given to students by non-state or a non-federal organization.

  • This guide is supplemented by a specimen for annual reports, which a public entity should use to assist in the preparation of the annual report.

  • All Losses hereunder shall be determined net of any (i) Third Party Awards (as defined in this paragraph) and (ii) Tax Benefits (as defined in this paragraph).


More Definitions of Third Party Awards

Third Party Awards means any actual recoveries from third parties by the party seeking indemnification hereunder (the "Indemnified Party") (including, without limitation, from insurance and third party indemnifications) in connection with the claim for which such party is also potentially liable. As used herein, "Tax Benefits" shall mean the present value of any permanent tax related loss, deduction or credits which Parent's regular auditors determine, in their sole judgment, is proper or allowable under applicable law (computed after taking into account any indemnification payment made, including taxes thereon) in connection with a claim for which the Indemnified Party is potentially liable.
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Third Party Awards means any actual net recoveries by the Company from third parties (including, without limitation, from insurance and third party indemnifications) arising in connection with the any claim for a Loss for which Shareholder is also potentially liable. As used herein, "Tax Benefits" shall mean the then net present value to the Company of any permanent tax related loss, deduction or credits actually used by the Company or any of its subsidiaries (computed after taking into account any indemnification payment made, including taxes thereon) in connection with a Loss for which a Shareholder is also potentially liable.
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Third Party Awards has the meaning given in Section 9.3(a) of this Agreement.
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Third Party Awards means any insurance proceeds actually received by an Indemnified Party from insurance policies (including the R&W Policy) in connection with the claim for which an Indemnifying Party is also potentially liable, net of any deductible amounts (except with respect to the Retention under the R&W Policy as provided in §8 of this Agreement) and any reasonable costs and expenses actually incurred by the Indemnified Party and its Affiliates in collecting such insurance proceeds, including reasonable attorneys’ fees, and the projected future premium increases attributable to the making of, or actions to collect, such insurance proceeds.
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Related to Third Party Awards

  • Service Awards means the amount awarded by the Court and paid to the Class Representatives in recognition of their role in this litigation, as set forth in Section 8 below.

  • Awards means, collectively, Options, Purchased Stock, Bonus Stock, Stock Appreciation Rights, Phantom Stock, Restricted Stock, Performance Awards, or Other Stock or Performance Based Awards.

  • Third Party Service Providers means any third party wherever situated selected by us or any member of the BEA Group to provide services to it.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • SARS means the South African Revenue Service.

  • Third Party Licenses has the meaning set forth in Section 3.

  • Third Party Data has the meaning set forth in Section 9.3(a).

  • Third Party(ies) means a person or entity who or which is neither a Party nor an Affiliate of a Party.

  • Third-Party Filer means an entity that submits a Product filing to the Commission on behalf of an Insurer.

  • Third Party Service Provider means any consultant, agent, advisor, or independent contractor who renders services to the Company, a Subsidiary, or an Affiliate that (a) are not in connection with the offer and sale of the Company’s securities in a capital raising transaction, and (b) do not directly or indirectly promote or maintain a market for the Company’s securities.

  • Third Party Providers or “TPPs” means any payment service provider that provides payment services to you or someone else that concerns the Account, for example, an AISP (described in Clause 1(c) below).

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Third Party IP means the Intellectual Property Rights of any third party that is not a party to this Contract, and that is not a Subcontractor.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Third-party payer means an entity that is, by

  • Third Party Product means a product (whether hardware, software or services) supplied to you by a third party;

  • Compensatory mitigation means types of mitigation used to replace project-induced critical area and buffer losses or impacts.

  • Other Stock-Based Awards means Awards granted to a Participant under Section 6(i) hereof.

  • Third Party Terms means, if any, the end user license agreement(s) or similar terms for the Third Party Software, as applicable and attached as Exhibit D.

  • 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 Products means the Third Party Software and Third Party Hardware.