Direct Claim Notice definition

Direct Claim Notice has the meaning set forth in Section 9.2(d).

Direct Claim Notice is defined in Section 9.4.

Direct Claim Notice has the meaning set forth in Section 7.05(b).

Examples of Direct Claim Notice in a sentence

• If the Indemnifying Party notifies the Indemnified Party that it disputes its liability for the matters described in the Direct Claim Notice, then the Indemnifying Party shall be deemed to dispute the claim, and the Parties shall proceed in good faith to resolve such dispute as provided in Section 20.

• The Indemnifying Party shall have 30 calendar days to respond in writing to the Indemnified Party regarding such Direct Claim Notice.

• If an Indemnified Party should have a Direct Claim against an Indemnifying Party, the Indemnified Party shall deliver a Direct Claim Notice to the Indemnifying Party by certified mail with reasonable promptness following discovery of the facts and circumstances giving rise to the Direct Claim.

• If the Indemnifying Party objects to any claim or claims contained in the Direct Claim Notice, the Indemnifying Party shall deliver to the Indemnified Party a notice (the “Objection Notice”), specifying in reasonable detail the basis for such objection.

• The Indemnifying Party shall have thirty (30) days after its receipt of the Direct Claim Notice (the “Objection Period”) to object to the indemnification of the Indemnified Party in respect of any claim or claims specified in the Direct Claim Notice.

More Definitions of Direct Claim Notice

Direct Claim Notice has the meaning given such term in Section 10.2(g).

Direct Claim Notice is defined in Section 6.6(c).

Direct Claim Notice shall have the meaning set forth in Section 12.5.5.

Direct Claim Notice has such meaning ascribed to it under Section 6.2(e)(iii) of this Agreement.

Direct Claim Notice shall have the meaning set forth in Section 6.3(c). “Disputed Item” shall have the meaning set forth in Section 2.3(c).

Direct Claim Notice means written notification of a Direct Claim to an Indemnifying Party, which notice shall describe the factual and legal basis of such Direct Claim in reasonable detail (taking into account the information then available to such Indemnified Party), including the sections of this Agreement that form the basis of such claim, copies of all notices, pleadings, documents, and all other material written evidence thereof, if any, and, if then known and calculable, the amount or, if not then known or calculable, a good faith estimate of the Liabilities that have or may be sustained by the Indemnified Party.

Direct Claim Notice shall have the respective meanings set forth in Section 13.6(a).