Third Person Awards definition

Third Person Awards means any actual recoveries from Third Persons by the Indemnified Party (including from insurance and third-party indemnification) in connection with the claim for which such party is also potentially liable.
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Third Person Awards means any actual recoveries from Third Persons by the Indemnified Party (including from insurance and third-party indemnification) in connection with the Claim for which such party is also potentially liable less any reasonable costs and expenses incurred by the Indemnified Party to pursue such recoveries.
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Third Person Awards means any actual recoveries from Third Persons 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.
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Examples of Third Person Awards in a sentence

  • All Losses indemnified hereunder shall be determined net of any (i) Third Person Awards, (ii) Tax Benefits; and (iii) amount which specifically pertains to such Loss and is reflected in the calculations of the amounts set forth on the Final Settlement Statement.

  • All Losses indemnified hereunder shall be determined net of any (i) Third Person Awards and (ii) Tax Benefits.


More Definitions of Third Person Awards

Third Person Awards means any actual recoveries from Third Persons by the Indemnified Party (including from insurance and third-party indemnification) in connection with the claim for which such party is also potentially liable. “Total Net Working Capital” means the amount (which may be positive or negative) equal to the product of the Net Working Capital multiplied by 25.1%. “Transaction Documents” shall mean the JV LLC Agreement, Amendment No. 2, the Subject Interests Assignment Agreement, such certificate or other documents as are necessary to transfer the Units to HOLDINGS and GP pursuant to Section 2.2, the Hedge Confirmation, and any other document related to the sale, transfer, assignment or conveyance of the Subject Interests to be delivered at Closing. “Treasury Regulations” shall mean regulations promulgated under the Code. “Units” shall mean the Class D limited partnership interests issuable by MLP upon execution of Amendment No. 2. 1.2
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Third Person Awards means any actual recoveries from Third Persons by the Indemnified Party (including from insurance and third-party indemnification) in connection with the claim for which such party is also potentially liable. “Total Net Working Capital” shall mean the sum of the MIDSTREAM Total Net Working Capital and the HOLDINGS Total Net Working Capital. “Transaction Debt” shall mean the liability or liabilities to be incurred by MLP with respect to transactions contemplated by Section 2.1 which will be considered recourse debt within the meaning of Treasury Regulations Section 1.752-1. “Transaction Documents” shall mean the Assignment of Subject Interests in Exhibit A, such certificate or other documents as are necessary to transfer the Unit Consideration to HOLDINGS, MIDSTREAM and GP pursuant to Section 2.2, and any other document related to the sale, transfer, assignment or conveyance of the Subject Interests to be delivered at Closing. “Treasury Regulations” shall mean regulations promulgated under the Code. “Units” shall mean the common units representing limited partner interests in the MLP. “Unit Consideration” shall mean the GP Unit Consideration, the HOLDINGS Unit Consideration and the MIDSTREAM Unit Consideration. “XXXX/XXXXX” shall have the meaning given such term in the Recitals. 1.2
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Third Person Awards means any actual recoveries from Third Persons by the Indemnified Party (including from insurance and third-party
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Related to Third Person Awards

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

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

  • Other Stock or Cash Based Awards means cash awards, awards of Shares, and other awards valued wholly or partially by referring to, or are otherwise based on, Shares or other property.

  • Eligible Persons or “Households” means one or more natural persons or a family who pays 30 percent of their household income toward their monthly rent and is determined by Grantee to be eligible for rental assistance under this Agreement.

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

  • Other Stock-Based Award means any right granted under Section 6(f) of the Plan.

  • Other Stock Award means an award based in whole or in part by reference to the Common Stock which is granted pursuant to the terms and conditions of Section 6(d).

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.