Common use of Indemnifiable Losses Clause in Contracts

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to any losses, damages, costs and expenses including legal costs, fines, penalties and interest (“Indemnifiable Losses”) from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within 30 (thirty) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party.

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to any losses, damages, costs and expenses including legal costs, fines, penalties and interest (“Indemnifiable Losses”) indemnifiable losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b)13.1, the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses indemnifiable losses actually incurred by the Indemnified Party. The Indemnifiable Losses indemnifiable losses shall be reimbursed by the Indemnifying Party within 30 (thirty) days Days of receipt of the notice seeking Indemnifiable Losses indemnifiable losses by the Indemnified Party.