Common use of Notice of Third Party Claim Clause in Contracts

Notice of Third Party Claim. If an Indemnified Party receives notice of the commencement or assertion of any Third Party Claim, the Indemnified Party shall give the Indemnifier reasonably prompt notice thereof, but in any event no later than 30 days after receipt of such notice of such Third Party Claim. Such notice to the Indemnifier shall describe the Third Party Claim in reasonable detail (and include a copy of any complaint or related documents) and shall indicate, if reasonably practicable, the estimated amount of the Loss that has been or may be sustained by the Indemnified Party.

Appears in 3 contracts

Samples: Allentown Water and Sewer Utility System Concession and Lease Agreement, Lease Agreement (Southeast Airport Group), Allentown Water and Sewer Utility System Concession and Lease Agreement

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Notice of Third Party Claim. If an Indemnified Party receives notice of the commencement or assertion of any Third Party Claim, the Indemnified Party shall give the Indemnifier reasonably prompt notice thereof, but in any event no later than 30 days Days after receipt of such notice of such Third Party Claim. Such notice to the Indemnifier shall describe the Third Party Claim in reasonable detail (and include a copy of any complaint or related documents) and shall indicate, if reasonably practicable, the estimated amount of the Loss that has been or may be sustained by the Indemnified Party.

Appears in 2 contracts

Samples: Pittsburgh Metered Parking System Concession and Services Agreement, Concession and Services Agreement

Notice of Third Party Claim. If an Indemnified Party Obligee receives notice of the commencement or assertion of any Third Party Claim, the Indemnified Party Obligee shall give the Indemnifier Obligor reasonably prompt notice thereof, but in any event no later than 30 days Days after receipt of such notice of such Third Party Claim. Such notice to the Indemnifier Obligor shall describe the Third Party Claim in reasonable detail (and include a copy of any complaint or related documents) and shall indicate, if reasonably practicable, the estimated amount of the Loss that has been or may be sustained by the Indemnified PartyObligee.

Appears in 1 contract

Samples: Long Term Lease and Concession Agreement

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Notice of Third Party Claim. If an Indemnified Party receives notice of the commencement or assertion of any Third Party Claim, the Indemnified Party shall give the Indemnifier reasonably prompt notice thereof, but in any event no later than 30 thirty (30) days after receipt of such notice of such Third Party Claim. Such notice to the Indemnifier shall describe the Third Party Claim in reasonable detail (and include a copy of any complaint or related documents) and shall indicate, if reasonably practicable, the estimated amount of the Loss that has been or may be sustained by the Indemnified Party.

Appears in 1 contract

Samples: Concession and Lease Agreement

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