Common use of Claims and Settlements Clause in Contracts

Claims and Settlements. Each Party shall, within five days after making any claim under the bond, provide every other Party and the Commission with written notice of the amount and nature of such claims. Each Party effecting a settlement of any claim shall, within five days after the settlement, provide the other parties and the Commission with written notice of the terms of settlement of any claims by such Party made under the bond. In the event that two or more Parties shall agree to a settlement of a claim made under the bond with respect to a single loss, notice of the settlement shall also include a calculation of the amounts to be received under Paragraph 4 hereof. The officer to each Party designated as responsible for filing notice required by paragraph (c) of Rule l7g-l under the Act shall give and receive notice required hereby.

Claims and Settlements. Each Party party shall, within five days after making any claim under the bond, provide every other Party and the Commission party with written notice of the amount and nature of such claimsclaim. Each Party party effecting a settlement of any claim shall, within five days after the settlement, provide the other parties and the Commission with written notice of the terms of settlement of any claims claim by such Party party made under the bond. In the event that two or more Parties parties shall agree to a settlement of a claim made under the bond with respect to a single loss, notice of the settlement shall also include a calculation of the amounts to be received under Paragraph 4 hereof. The officer to each Party party designated as responsible for filing notice notices required by paragraph (c) of Rule l7g-l 17g-1 under the Act shall give and receive any notice required hereby.

Claims and Settlements. Each Party party shall, within five (5) days after the making of any claim under the bondBond, provide every other Party and the Commission party with written notice of the amount and nature of such claimsclaim. Each Party effecting a settlement of any claim party shall, within five (5) days after of the settlementreceipt thereof, provide the every other parties and the Commission party with written notice of the terms of settlement of any claims by such Party claim made under the bondBond by such party. In the event that two or more Parties parties shall agree to a settlement with the fidelity company of a claim made under the bond Bond with respect to a single loss, such parties shall, within five days after settlement, provide any other party not a party to such claim with written notice of the settlement shall also include a calculation of the amounts to be received by each claiming party under Paragraph Section 4 hereof. The officer to each Party officer(s) of the respective parties designated as responsible for filing notice notices required by paragraph (cg) of the Rule l7g-l 17g-1 under the Act shall give and receive any notice required hereby.

Claims and Settlements. Each Party party shall, within five (5) days after the making of any claim under the bondBond, provide every other Party and the Commission party with written notice of the amount and nature of such claimsclaim. Each Party effecting a settlement of any claim party shall, within five (5) days after of the settlementreceipt thereof, provide the every other parties and the Commission party with written notice of the terms of settlement of any claims by such Party claim made under the bondBond by such party. In the event that two or more Parties parties shall agree to a settlement with the fidelity company of a claim made under the bond Bond with respect to a single loss, such parties shall, within five days after settlement, provide any other party to such claim with written notice of the settlement shall also include a calculation of the amounts to be received by each claiming party under Paragraph Section 4 hereof. The officer to each Party officer(s) of the respective parties designated as responsible for filing notice notices required by paragraph (cg) of the Rule l7g-l 17g-1 under the Act shall give and receive any notice required hereby.

Claims and Settlements. Each Party party shall, within five days after the making of any claim under the fidelity bond, provide every the other Party and the Commission parties with written notice of the amount and nature of such claimsclaim. Each Party party effecting a settlement of any claim shall, within five days after the settlement, provide the other parties and the Commission with written notice of the terms of settlement of any claims by such Party claim made under the bondbond by such party. In the event that If two or more Parties parties shall agree to a settlement of a claim made under the bond with respect to a single lossloss affecting them, notice of the settlement shall also include a calculation of the amounts to be received under Paragraph paragraph 4 hereof. The officer to officers of each Party party designated as responsible for filing notice notices required by paragraph (cg) of the Rule l7g-l under the Act shall give and receive any notice required hereby.

Claims and Settlements. Each Party party shall, within five days after the making of any claim under the joint insured fidelity bond, provide every the other Party and the Commission parties with written notice of the amount and nature of such claimsclaim. Each Party party effecting a settlement of any claim shall, within five days after the settlement, provide the other parties and the Commission with written notice of the terms of settlement of any claims by such Party claim made under the bondbond by such party. In the event that If two or more Parties parties shall agree to a settlement of a claim made under the bond with respect to a single lossloss affecting them, notice of the settlement shall also include a calculation of the amounts to be received under Paragraph 4 hereofparagraph 4. The officer to officers of each Party party designated as responsible for filing notice notices required by paragraph (cg) of Rule l7g-l under the Act 17g-1 shall give and receive any notice required hereby.