Third Party Claims definition
Examples of Third Party Claims in a sentence
The Indemnified Party shall promptly furnish to the indemnifying Party copies of all papers and official documents received in respect of any Losses and Third Party Claims.
With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 11.4.1 (In General), the indemnifying Party shall have authority to consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss; provided, that it obtains the prior written consent of the Indemnified Party (which consent shall not be unreasonably withheld, conditioned or delayed).
The Indemnified Party shall furnish promptly to the indemnifying Party copies of all papers and official documents received in respect of any Losses and Third Party Claims.
AbbVie shall bear the costs and expenses relating to any defense commenced pursuant to this Section 8.6.3 (Third Party Claims) and any settlements and judgments with respect thereto, and shall retain any damages or other amounts collected in connection therewith.