Indemnity Period. 4.1 Each Policy written by the Insurer shall (subject to clause 4.2) expire at the end of an Indemnity Period, irrespective of the date on which the Policy is written or incepts.
4.2 The Insurer may issue a Policy which expires at the end of any Indemnity Period subsequent to the Indemnity Period in which it incepts (a multi-year Policy) provided that:
4.2.1 the terms of the multi-year Policy permit any variation that may be required in order to reflect any change in the Minimum Terms or in the Rules (whether or not in return for an additional premium), and the Insurer shall give effect to any such variation;
4.2.2 the Insurer shall give effect to any such variation from the date on which the change in the Minimum Terms or in the Rules (as the case may be) comes into effect to the extent required to give effect to that change; and
4.2.3 the Insurer remains a Qualifying Insurer in each of the subsequent Indemnity Periods covered by the multi-year Policy and, as and when required to do so by the Law Society, enters into the standard form Qualifying Insurer‘s Agreement from time to time in respect of each subsequent Indemnity Period covered by the multi-year Policy.
4.3 The Insurer may not issue a Policy with an expiry date earlier than the end of the Indemnity Period in which that Policy incepts.
4.4 The Insurer may issue a Policy with an inception date or deemed inception date up to but no more than 30 days prior to the date on which the contract of insurance is made with the Insurer. However, if the contract is made between 1 October 2011 and 30 October 2011 (both dates inclusive), the Insurer may issue a Policy with an inception date or deemed inception date prior to the date on which the contract is made but no earlier than 1 October 2011.
Indemnity Period. Not less than 18 months from the date of the occurrence of loss or damage.
Indemnity Period. The period beginning with the occurrence of a peril insured against and ending not later than 12 months thereafter during which gross rents shall be affected in consequence of the destruction or damage by a peril insured against.
Indemnity Period. Seller’s obligation to indemnify Buyer consistent with the provisions of this article 26 shall continue after the closing in accordance with the following (collectively, the “Indemnity Period”):
(a) With respect to Claims and Liabilities brought by third parties, Seller’s obligation to indemnify Buyer shall continue for a period of two years following the Closing Date.
(b) With respect to Claims and Liabilities relating to the title of the Site, Project, or the Work, Seller’s obligation to indemnify Buyer shall continue indefinitely.
(c) With respect to all other Claims and Liabilities, Seller’s obligation to indemnify Buyer shall continue for a period of eighteen months following the Closing Date.
Indemnity Period. The representations, warranties and covenants, and the indemnity obligations related thereto, under this Agreement shall expire 24 months from the Closing, except for claims under sections 4.13 and 4.28 hereof, which shall expire upon the expiration of the applicable statute of limitations, and except for claims under sections 4.9 or 4.25 hereof, which shall expire on the earlier of the expiration of the applicable statute of limitations or 48 months from Closing. The indemnification obligations under this Agreement shall not expire as provided herein for a claim made, but not resolved, within the above periods.
Indemnity Period. Except with respect to fraud by or on behalf of the Indemnifying Party, the obligations of any Indemnifying Party to indemnify any Indemnified Party:
(a) pursuant to Section 11.1(a)(i), Section 11.1(b)(i), Section 11.2(a)(i) or Section 11.2(b)(i) shall terminate on the date that is 12 months following the Initial Closing Date; provided, however, that the obligations of any Indemnifying Party to indemnify any Indemnified Party from, against and in respect of any and all Claims that arise out of or relate to any breach or inaccuracy of any Specified Representation and Warranty shall survive indefinitely;
(b) pursuant to Section 11.1(a)(ii), Section 11.1(b)(ii), Section 11.2(a)(ii) or Section 11.2(b)(ii) shall survive until the time period stated in the covenant that is the subject of such Claim or until the expiration of the applicable statute of limitations if unstated;
(c) pursuant to Section 11.1(a)(iii) or Section 11.2(a)(iv) shall terminate on the date that is five years following the Initial Closing Date; and
(d) pursuant to Section 11.1(a)(iv) or Section 11.2(a)(iii) shall survive indefinitely. Notwithstanding anything to the contrary in this Agreement, notices for Claims must be delivered before expiration of any applicable survival period specified in this Section 11.4; provided, however, that if prior to the close of business on the last day of the applicable Indemnity Period, an Indemnifying Party has been properly notified of a Claim for losses under this Agreement and such Claim has not been finally resolved or disposed of at such date, such Claim shall continue to survive and shall remain a basis for indemnity under this Agreement until such Claim is finally resolved or disposed of in accordance with the terms of this Agreement.
Indemnity Period. The period commencing from the date of the loss or damage and ending when the results of the insured business cease to be affected in consequence of the loss or damage. Not exceeding the Indemnity Period Limit. The Indemnity Period Limit shall not be less than 12 months.
Indemnity Period. The Parties’ obligation to indemnify one another consistent with the provisions of this ARTICLE 26 shall continue after the Substantial Completion Date as follows (collectively, the “Indemnity Period”):
(a) With respect to Claims and Liabilities brought by third parties against PacifiCorp Indemnified Parties, Developer’s obligation to indemnify PacifiCorp Indemnified Parties pursuant to Section 26.1(a) shall continue for a period of five (5) years following the Substantial Completion Date.
(b) With respect to Claims and Liabilities brought by third parties against Developer and its directors, officers, employees and agents, PacifiCorp’s obligation to indemnify pursuant to Section 26.1(b) shall continue for a period of five (5) years following the Substantial Completion Date.
(c) With respect to Claims and Liabilities relating to the title of the Site, the Project, the Facility or the Work, Developer’s obligation to indemnify PacifiCorp pursuant to Section 26.2 shall continue indefinitely.
(d) With respect to any other Claims and Liabilities relating to the Site, the Project, the Facility or the Work, Developer’s obligation to indemnify PacifiCorp pursuant to Section 26.2 shall continue for a period of five (5) years following the Substantial Completion Date.
Indemnity Period. No claim for indemnification under Section 10.2 of the Agreement may be made unless notice is given by the party seeking such indemnification to the party from whom indemnification is sought on or prior to the date on which the applicable representation or warranty expires.
Indemnity Period. A minimum of 12 months from the scheduled date of Start Up.
