Third Party Demand definition

Third Party Demand means any Claim, complaint, demand or legal action brought, threatened or commenced against an Insured after the Commencement Date, by any Person other than:
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Third Party Demand means any demand made or legal action brought against any Insured by any person or entity (other than (i) an Affiliate of any of the Insureds, (ii) any other Insured or (iii) the Insurer) which, if successful, would result in Loss.
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Third Party Demand has the meaning set forth in Section 6.1(c)(ii)(C).
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Examples of Third Party Demand in a sentence

  • If the Insurer's written consent cannot reasonably be obtained before Defence Costs are incurred with respect to any Breach or Third Party Demand, the Insurer will give retrospective approval for such Defence Costs of up to, in the aggregate, $150,000.

  • The Insurer does not assume any duty to defend the Insureds with respect to any Third Party Demand or otherwise.

  • At the written request of the Named Insured, the Insurer shall reimburse Defence Costs in excess of the Retention, subject to the terms and conditions of this Policy (including the Limit of Liability), on a monthly basis prior to the final disposition of a Third Party Demand, notwithstanding that the Breach or Third Party Demand may not have been settled or finally determined.

  • With the exception of Trial Staff, the Settling Parties agree that the Company shall be permitted to recover its 2012 forecasted expenditures for the ISOC program of $26,390,287, including both the credits paid to customers and the Company’s forecast of its administration and marketing costs for 2012, and for the Third Party Demand Response program of $3,008,400 through the combination of base rates and the electric DSMCA rider that shall become effective on January 1, 2012.

  • The Insurer shall have the right, but not the obligation, to participate fully in the investigation, negotiation, settlement, compromise, making, prosecution, contesting, avoidance, resistance, adjustment, defence or appeal of any Breach or Third Party Demand.

  • The Settling Parties agree to recommend to the Commission that it authorize the Company to implement changes in the electric and gas DSMCA rates to become effective on January 1, 2012 as necessary to recover the approved gas and electric DSM budgets set forth in Section 9 and the Company’s 2012 forecast of expenditures for its ISOC and Third Party Demand Response programs as described in Section 11.

  • The Insurer shall have the right, in its sole discretion, but not the obligation, to participate fully with the Insureds in the investigation, negotiation, settlement, compromise, making, prosecution, contesting, avoidance, resistance, adjustment, defence and appeal of any Breach or Third Party Demand that could give rise to Loss under this Policy.

  • These reductions and increases result in net reduction in 2012 of 1.2 GWh and a net increase in 2013 of 9.2 GWh. The Settling Parties also agree that the Company shall use best efforts to achieve at least 95.5 MW and 87.9 MW in incremental demand reduction in 2012 and 2013, respectively, from the combined effect of its proposed electric energy efficiency programs, and the Saver’s Switch, Interruptible Service Option Credit (ISOC) and the Third Party Demand Response programs.

  • Subject to Clauses and, the Insureds shall not enter into settlement negotiations or settle, compromise or discharge any such Breach or Third Party Demand without prior consultation with, and without the prior written consent of, the Insurer (such consent not be unreasonably withheld, conditioned or delayed).

  • The Insureds shall defend and contest any Third Party Demand made against them with counsel consented to by the Insurer in writing (such consent not be unreasonably withheld, conditioned or delayed).


More Definitions of Third Party Demand

Third Party Demand means any demand made or legal action brought against the Target Group by any person (other than a Group Company of (a) the Insured, (b) the Target Group or (c) the Insurer) in respect of which the resulting damages would constitute Loss.
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Third Party Demand means a written claim or demand for a Loss in relation to which the Indemnifying Party may be liable to any Indemnified Party hereunder that is asserted against or sought to be collected from any Indemnified Party by a Person who is (i) not an Indemnified Party and (ii) not a representative or agent of an Indemnified Party (other than a trustee, collateral agent or other administrator under, or other Person delivering notice pursuant to, the GIC Business Transaction Agreements).
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Third Party Demand means any demand, notice, subpoena, arbitration, claim, complaint, investigation, proceeding, legal action, examination or audit made against the Insured or the Target Group by any person (other than a Group Company of (a) the Insured, (b) the Target Group or (c) the Insurer in its capacity as such under this Policy) that, if the allegations were true, would constitute a Breach.
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Third Party Demand has the meaning attributed to it in Clause 7.7.
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Third Party Demand means a written legal demand by a statutory authority, e.g., a court garnishment order, requiring the government to pay a third party whom the government owes a debt.
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Related to Third Party Demand

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Initiating Party shall have the meaning set forth in Article 13.

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Third Party Consent means any Consent of a Person other than a Governmental Authority.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Third Party Infringement Claim has the meaning set forth in Section 6.4.

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Third Party Content means all software, data, text, images, audio, video, photographs and other content and material, in any format, that are obtained or derived from third party sources outside of Oracle that You may access through, within, or in conjunction with Your use of, the Services. Examples of Third Party Content include data feeds from social network services, rss feeds from blog posts, Oracle data marketplaces and libraries, dictionaries, and marketing data. Third Party Content includes third-party sourced materials accessed or obtained by Your use of the Services or any Oracle-provided tools.

  • Third Party Contractor as used in the Student Data Protection Act and “Operator” as used in COPPA. De-Identified Information (DII): De-Identification refers to the process by which the Contractor removes or obscures any Personally Identifiable Information (“PII”) from Education Records in a way that removes or minimizes the risk of disclosure of the identity of the individual and information about them.

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Third Party Infringement has the meaning set forth in Section 5.1.

  • Third Party Hardware means the third party hardware, if any, identified in the Investment Summary.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Third Party Data has the meaning set forth in Section 9.3(a).

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • third party proceeding means any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation.

  • Indemnified Party shall have the meaning set forth in Section 5(c).

  • Indemnifier means any Party obligated to provide indemnification under this Agreement;

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Third Party IP means the Intellectual Property Rights of any third party that is not a party to this Contract, and that is not a Subcontractor.

  • Third Party Costs means all such third party costs (including legal and other professional fees) in respect of each service as a Party reasonably and properly incurs in the proper performance of its obligations under this Agreement and as agreed by the Partnership Board.