Third Party Claim definition

Third Party Claim has the meaning set forth in Section 8.3.

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Third Party Claim has the meaning set forth in Section 7.5(a).

Third Party Claim has the meaning set forth in Section 11.4(a).

Examples of Third Party Claim in a sentence

If the Indemnifying Person elects not to compromise or defend such Third-Party Claim or fails to notify the Indemnified Person in writing of its election to defend as provided in this Agreement, the Indemnified Person may pay, compromise, or defend such Third-Party Claim and seek indemnification for any and all Losses based upon, arising from or relating to such Third-Party Claim (subject to the limitations on indemnification and the recovery of Losses provided herein).
After written notice from the Indemnifying Person to the Indemnified Person of its election to assume the defense of such Third-Party Claim, the Indemnifying Person shall keep the Indemnified Person informed regarding the progress of such Third-Party Claim (including providing the Indemnified Person with copies of any plans, reports or communications with or submitted to any Governmental Authority or third party).
If the Indemnifying Person assumes the defense of a Third-Party Claim, such assumption will establish for purposes of this Agreement that the claims made in that Third-Party Claim are within the scope of and subject to indemnification.
Notwithstanding the foregoing, the Indemnifying Person shall not be entitled to undertake the defense, compromise and settlement of any Third-Party Claim if: [***].

More Definitions of Third Party Claim

Third Party Claim has the meaning set forth in Section 10.3(a).

Third Party Claim shall have the meaning set forth in Section 4.5(a).

Third Party Claim shall have the meaning specified in Section 9.3(a).

Third Party Claim means any claim, issuance of any Order or the commencement of any Proceeding by any Person who is not a Party to this Agreement, including a Related Person of a Party, any domestic or foreign court, or Governmental Body.

Third Party Claim shall have the meaning set forth in Section 14.3(a).

Third Party Claim has the meaning set forth in Section 8(d) below.

Third Party Claim means a Claim (i) brought by any Person other than the indemnifying Party or (ii) brought by a Party on behalf of or that could otherwise be asserted by a third party.