Qualified Claim Sample Clauses

Qualified Claim. To the extent permitted pursuant to Swiss and other applicable laws and subject to the limitations set out in Section ‎3 and Section ‎4, the Company hereby agrees to indemnify the Indemnitee for, and to hold the Indemnitee harmless from, any Expenses and Payments (each, as defined below) that are arising out of, or have incurred in connection with, claims raised or threatened by third parties (whether private parties or governmental, regulatory authorities or other authorities) for any actions and/or omissions that have occurred on, before or after the date of the Agreement, against the Indemnitee as a result of the Indemnitee holding or having held a Qualified Position (any such claims, a Claim). Expenses shall be broadly construed and shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, telephone charges, delivery service fees and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, participating, or being or preparing to be a witness in an administrative, regulatory or litigation proceeding, action or investigation, whether civil, criminal, administrative or other (the Proceeding), or responding to, or objection to a request to provide discovery in any Proceeding. Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation the premium, security for and other costs relating to any cost bond or other appeal bond or its equivalent. Payments shall include any judgments, fines, penalties or amounts paid in settlement.

Qualified Claim. When a patient purchases a drug from a pharmacy, there are certain drugs for which the pharmacy does pay the Company any sponsorship or processing fee. One example of such a purchase is purchase of a drug that costs less than $4. Another example is when the purchase is for a drug that is classified as opioid or as veterinary. Another example is a drug that costs $10 or less for a 90-day supply. A patient who purchases a drug from a pharmacy can return the drug usually within 5 days of the purchase. When a return happens, the original purchase will be reversed. A Qualified Claim is one that is (a) not reversed and (b) a claim for which the sponsorship and processing fee is at least $3. A Qualified Claim should have its ingredient cost less than its Usual & Customary price.