Third Person definition

Third Person has the meaning set forth in Section 11.3.

Third Person means Persons other than the Parties or Affiliates thereof.

Third Person means a Person other than Assignor or Assignee.

Examples of Third Person in a sentence

• If the Indemnifying Party desires to accept a final and complete settlement of any such Third Person claim and the Indemnified Party refuses to consent to such settlement, then the Indemnifying Party's liability under this Section with respect to such Third Person claim shall be limited to the amount so offered in settlement by said Third Person.

• Upon agreement as to such settlement between said Third Person and the Indemnifying Party, the Indemnifying Party shall, in exchange for a complete release from the Indemnified Party, promptly pay to the Indemnified Party the amount agreed to in such settlement and the Indemnified Party shall, from that moment on, bear full responsibility for any additional costs of defense which it subsequently incurs with respect to such claim and all additional costs of settlement or judgment.

• In addition, such notification(s) to Underwriters shall include a recitation of all circumstances, facts, and known or presumed causes of any loss or damage, and a description of the nature and approximate amount of any damages suffered by any Third Person or Related Third Person.

• If Assignor receives any amounts of money from the sale of Assignee Minerals that is subject to controversy or, in the reasonable opinion of Assignor, possible controversy, Assignor shall promptly deposit the money with a Third Person escrow agent in a segregated interest-bearing account.

• The Parties shall make available to each other all relevant information in their possession relating to any such Third Person Claim and shall cooperate in the defense thereof.

More Definitions of Third Person

Third Person means a Person not a party to this Agreement.

Third Person means any Person or “group” (within the meaning of Section 13(d) of the Exchange Act), other than Parent or any of its Affiliates or any “group” including Parent or any of its Affiliates.

Third Person means an individual other than a parent.

Third Person means (i) any Person other than a Party or its Affiliates, and (ii) any Governmental Authority.

Third Person means (i) any Person other than a Party or its Affiliates and (ii) any Governmental Authority.

Third Person means a claimant other than an indemnified person hereunder. “Third Person Claim” means a claim alleged by a Third Person.

Third Person means any Person other than a Party or its Affiliates.