Examples of Third Party Losses in a sentence
Third Party Losses shall also include all Losses arising from Intellectual Property infringement, with Supplier to be the Indemnifying Party if the infringement arises out of the Manufacturing Services and Company to be the Indemnifying Party otherwise.
The Indemnified Party will give the indemnifying Party (the “Indemnifying Party”) prompt written notice (an “Indemnification Claim Notice”) of any Third Party Losses or the discovery of any fact upon which such Indemnified Party intends to base a request for indemnification under Section 14.1, but in no event will the Indemnifying Party be liable for any Third Party Losses that result from any delay in providing such notice which materially prejudices the defense of such Third Party Claim.
The New Project Assets Owner also may be exposed to third-party claims of the type discussed above under “Risk of Third Party Losses – Not Caused by Hazardous Substances Or Other Pollution Conditions” based on hazardous substances, pollution or contamination claims.
With respect to all other Third Party Losses in connection with Third Party Claims, where the Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 14.3, the Indemnifying Party will have authority to consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Third Party Loss; provided, however, it obtains the prior written consent of the Indemnified Party (which consent will be at the Indemnified Party’s reasonable discretion).
So that based on some of these descriptions, the researcher in this case wishes to examine more about the Notary's Responsibility for Third Party Losses Due to the Issuance of the Deed of Binding Sale and Purchase Agreement (APPJB) of Land.