Examples of Operator Indemnified Party in a sentence
Any Province Indemnified Party or Operator Indemnified Party making a claim for indemnity pursuant to this Section 44 (a “Beneficiary”) who receives a Claim for which it appears that the Beneficiary is, or may become entitled to, indemnification under this Section 44, the Beneficiary will give notice in writing to the Province or the Operator, as applicable (the “Indemnifier”) as soon as reasonably practicable and in any event within 30 Days of receipt of the same.
Subscriber shall not, however, be required to reimburse or indemnify any Operator Indemnified Party for any Loss to the extent such Loss is due to the negligence or willful misconduct of any Operator Indemnified Party.
The amount of any such indemnity payable by the Owner shall be reduced by the amount of all insurance proceeds received by the Operator Indemnified Party in respect of the occurrence of the event which gave rise to the indemnification obligation hereunder.