CLAIM SETTLEMENT. The Insureds agree not to admit any liability for any Claim, offer to settle or settle any Claim, incur any Defense Expenses or otherwise assume any contractual obligation, without the Underwriter’s prior written consent, such consent shall not be unreasonably withheld. The Underwriter shall not be liable for or as a result of any offer to settle, settlement, Defense Expenses, assumed obligation, admission or stipulated judgment to which it has not given its prior consent; provided, however, if the Insured is able to fully and finally settle all Claims in their entirety, which are subject to a single retention, for an aggregate amount including Defense Expenses not exceeding fifty percent (50%) of such retention, the Underwriter’s consent will not be required for the settlement of such Claims. The Underwriter shall have the right to make investigations and conduct negotiations and, with the consent of the Insureds, enter into such settlement of any Claim as the Underwriter deems appropriate.
CLAIM SETTLEMENT. For Claim settlement under Cashless Facility, the payment shall be made to the Network Provider whose discharge would be complete and final.
CLAIM SETTLEMENT. Company shall have the right, in its sole discretion, to determine for itself and Indemnitors whether any claim, demand or suit brought against Company or any Indemnitor in connection with or relating to any Bond shall be paid, compromised, settled, tried, defended or appealed, and its determination shall be final, binding and conclusive upon the Indemnitors. Company shall be entitled to immediate reimbursement for any and all Loss incurred under the belief it was necessary or expedient to make such payments.
CLAIM SETTLEMENT. 9.1. In case of making any payments in error through the MBank service, the Customer must contact any branch of the Bank to submit an application or call the Bank's Contact Center by tel. +996 (312) 61- 33-33 , +996 (556) 61 33 33, +996 (770) 33 33 69, +996 (701) 33 33 69 (round the clock).
CLAIM SETTLEMENT. So long as Lender is the holder of the Loan Agreement, the Notes or a mortgagee or assignee under the Mortgage or any of the Collateral Loan Documents or if Lender at any time shall have become a mortgagee in possession or a successor in interest to Borrower by foreclosure or deed in lieu of foreclosure with respect to all or part of the Premises, Borrower shall not settle any claim relating to the Premises under or on account of any Environmental Law without Lender’s prior written consent, which consent may be withheld in Lender’s sole and absolute discretion.
CLAIM SETTLEMENT. The Company, within the Claim Settlement Period, shall pay the Insurance Benefit to the Insured. EXHIBIT 10.14 8.7 Failure to Timely Pay Insurance Benefit--In the event the Company does not pay the Insurance Benefit within the Claim Settlement Period, it shall pay interest on the Insurance Benefit at the following rates:
CLAIM SETTLEMENT. The Indemnifying Party shall not, without the written consent of the Indemnified Party, which consent shall not be unreasonably withheld, refused, conditioned or delayed, effect any settlement of any pending or threatened proceeding in which the Indemnified Party has sought indemnification hereunder by the Indemnifying Party, unless such settlement involves solely monetary damages and includes an unconditional release of the Indemnified Party from all liability on claims that are the subject matter of such proceeding.
CLAIM SETTLEMENT. Where the Services to be provided relate to the administration of life insurance policies and annuity contracts, then subject to the terms, conditions and limitations of this Agreement, and pursuant to claim settlement policies utilized by Company, and subject to Company's right to review at any time the procedures followed by Provider in implementing said settlement policies, Provider shall be authorized to pay, compromise, or settle any claim or other cause of action arising from such administration of life insurance policies and annuity contracts.
CLAIM SETTLEMENT. The insurers shall undertake to settle claims and assess the loss or damage. They shall be authorised to indemnify any injured third party directly and to reach understandings with them. Should the compensation of loss or damage consist of periodic payments and the value thereof, taking into account any other payments, exceed the limit of indemnity, then at the insured’s option either the duration or the amount of said payments shall be reduced proportionally. Claims of injured third parties for compensation of bodily injury shall be handled and settled in compliance with the provisions of Section 954 of Book 7 of the Netherlands Civil Code.
CLAIM SETTLEMENT. A. The Insured agrees not to admit any liability for any Claim, offer to settle, or settle any Claim, incur any Defense Expenses, or otherwise assume any contractual obligation, without the Underwriter’s prior written consent, such consent not to be unreasonably withheld, except with respect to Data Recovery Costs, Business Interruption Loss, Dependent Business Interruption Loss and Breach Response Costs as specifically provided in Section II.B. Compliance with a Breach Notice Law will not be considered an admission of liability for purposes of this Section V.A.
