First Party Claims Sample Clauses

First Party Claims. ColumbiaGrid shall not be liable to any other Party for any loss or damage to the equipment or Electric System of such other Party, or any loss or damages for bodily injury (including death) that such other Party or its employees may incur arising out of this Agreement or its performance.
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First Party Claims. With respect to any First Party Claim, following receipt of notice from the Indemnified Party of the Claim, the Indemnifying Party shall have 60 days to make such investigation of the Claim as is considered necessary or desirable. For the purpose of such investigation, the Indemnified Party shall make available to the Indemnifying Party the information relied upon by the Indemnified Party to substantiate the Claim, together with all such other information and access to personnel as the Indemnifying Party may reasonably request. If both parties agree at or prior to the expiration of such 60-day period (or any mutually agreed upon extension thereof) to the validity and amount of such Claim, the Indemnifying Party shall immediately pay to the Indemnified Party the full agreed upon amount of the Claim, failing which the matter shall be referred to dispute resolution pursuant to the provisions of Section 13.1.
First Party Claims. ColumbiaGrid shall not be liable to any Order 1000 Party for any loss or damage to the equipment or Electric System of such Order 1000 Party, or any loss or damages for bodily injury (including death) that such Order 1000 Party or its employees may incur arising out of this Order 1000 Agreement or its performance.
First Party Claims. (i) If any Indemnitee has a claim against any Indemnifying Party that is not a Third Party Claim, the Indemnitee shall deliver an Indemnity Notice with reasonable promptness to the Indemnifying Party specifying the nature of and specific basis for the claim and, to the extent then feasible, the amount or the estimated amount of the claim. If the Indemnifying Party does not notify the Indemnitee within 30 days following its receipt of the Indemnity Notice that the Indemnifying Party disputes its obligation to indemnify the Indemnitee hereunder, the claim will be presumed to be a liability of the Indemnifying Party hereunder.
First Party Claims. If any Indemnified Party should have a Claim against any Indemnifying Party hereunder that does not involve a third party claim asserted against an Indemnified Party that could give rise to a right of indemnification under this Agreement ("THIRD PARTY CLAIM"), the Indemnified Party shall transmit to the Indemnifying Party a Claim Notice with respect to the Claim. If the Indemnifying Party does not notify the Indemnified Party within 30 days from its receipt of the Claim Notice (the "ELECTION PERIOD") that the Indemnifying Party disputes the Claim, the Claim specified by the Indemnifying Party in the Claim Notice shall be deemed a liability of the Indemnifying Party hereunder and shall be paid as provided in Section . If the Indemnifying Party has timely disputed the Claim within the Election Period, as provided above, such dispute shall be resolved by arbitration as set forth in Section .
First Party Claims. ColumbiaGrid shall not be liable to any other VTL Party for any loss or damage to the equipment or Electric System of such other VTL Party, or any loss or damages for bodily injury (including death) that such other VTL Party or its employees may incur arising out of this Agreement or its performance.
First Party Claims. With respect to any First Party Claim, following ------------------ receipt of notice from the Indemnified Party of the Claim, the Indemnifying Party shall have sixty (60) days to make such investigation of the Claim as is considered necessary or
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First Party Claims. With respect to any First Party Claim, following receipt of notice from the Indemnified Party of the Claim, the Indemnifying Party shall have sixty (60) days to make such investigation of the Claim as is considered necessary or desirable. For the purpose of such investigation, the Indemnified Party shall make available to the Indemnifying Party the information relied upon by the Indemnified Party to substantiate the Claim, together with all such other information as the Indemnifying Party may reasonably request. If both parties agree at or prior to the expiration of such sixty (60) day period (or any mutually agreed upon extension thereof) to the validity and amount of such Claim, the Indemnifying Party shall immediately pay to the Indemnified Party the full agreed upon amount of the Claim. If the parties disagree as to the validity and amount of such Claim, the Indemnified Party may pursue any and all rights or remedies available to said Indemnified Party as provided under this Agreement and/or applicable law.
First Party Claims. If any Indemnified Party should have a Claim against any Indemnifying Party hereunder that does not involve a third party claim asserted against an Indemnified Party that could give rise to a right of indemnification under this Agreement ("Third Party Claim"), the Indemnified Party shall transmit to the Indemnifying Party a Claim Notice with respect to the Claim. If the Indemnifying Party does not notify the Indemnified Party within thirty (30) days from its receipt of the Claim Notice (the
First Party Claims. Each Indemnitee shall assert any claim on account of any Losses which do not result from a Third Party Claim (a “Direct Claim”) by giving the Indemnitor written notice thereof reasonably promptly (and, in any event, no later than thirty (30) days following the Indemnitee’s discovery of the applicable Losses reasonably likely to give rise to a claim under this Article XII). Such notice by the Indemnitee shall describe the Direct Claim in reasonable detail, include copies of all available material written evidence thereof and indicate the estimated amount, if reasonably practicable, of Losses that have been or may be sustained by the Indemnitee; provided, however, that the failure to timely give such notice following such discovery shall not affect the rights of an Indemnitee hereunder (a) unless such failure has a materially prejudicial effect on the defenses or other rights available to the Indemnitor with respect to such Direct Claim or on the Indemnitor’s ability to mitigate such Direct Claim or (b) unless the indemnification obligations are materially increased as a result of such failure.
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