Common use of Payment not necessary before Claim Clause in Contracts

Payment not necessary before Claim. It is not necessary for a party to incur expense or make payment before enforcing a right of indemnity conferred by this Agreement or a reserve contract.

Appears in 3 contracts

Samples: Rert Panel Agreement, Rert Panel Agreement, Rert Panel Agreement

AutoNDA by SimpleDocs

Payment not necessary before Claim. It is not necessary for a party to incur expense or make payment before enforcing a right of indemnity conferred by this Agreement or a reserve contractAgreement.

Appears in 2 contracts

Samples: Supplementary Capacity Agreement, Reserve Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!