Common use of Payment of Losses Clause in Contracts

Payment of Losses. The Claimant shall be paid in cash by the Indemnifying Party the amount to which the Claimant may become entitled by reason of the provisions of this ARTICLE XII, within fifteen (15) days after such amount is determined either by mutual agreement of the parties or pursuant to the arbitration proceeding described in SECTION 12.04 of this Agreement or on the date on which both such amount and Claimant's obligation to pay such amount have been determined by a final judgment of a court or administrative body having jurisdiction over such proceeding.

Payment of Losses. The Indemnifying Party shall pay to the Claimant shall be paid in cash by the Indemnifying Party the amount to which the Claimant may become entitled by reason of the provisions of this ARTICLE XII, Article VII within fifteen (15) business days after such amount is finally determined either by mutual agreement of the parties or pursuant to the arbitration proceeding described in SECTION 12.04 of this Agreement or on the date on which both such amount and Claimant's ’s obligation to pay such amount have been determined by a final judgment of a the trial court or administrative body having jurisdiction over such proceedingProceeding.

Payment of Losses. The Claimant shall be paid in cash by the Indemnifying Party shall pay to the Claimant in immediately available funds the amount to which the Claimant may become entitled by reason of the provisions of this ARTICLE XII, Article 8 within fifteen (15) days Business Days after such amount is finally determined either by mutual agreement of the parties or pursuant to or, in the arbitration proceeding case of an Indemnity Loss described in SECTION 12.04 of this Agreement or on any Litigation Notice, the date on which both such amount and Claimant's ’s obligation to pay such amount have been determined by a final final, non-appealable judgment of a the trial court or administrative body having jurisdiction over such proceedingProceeding.

Payment of Losses. The Indemnifying Party shall pay to the Claimant shall be paid in cash by the Indemnifying Party the amount to which the Claimant may become entitled by reason of the provisions of this ARTICLE Article XII, within fifteen (15) days 15 Business Days after such amount is determined either by mutual agreement of the parties or pursuant to the arbitration proceeding described in SECTION 12.04 of this Agreement or on the date on which both such amount and Claimant's obligation to pay such amount have been determined by a final final, non-appealable judgment of a court or administrative body having jurisdiction over such proceeding.

Payment of Losses. The Claimant shall be paid in cash by the Indemnifying Party the amount to which the Claimant may become entitled by reason of the provisions of this ARTICLE Article XII, within fifteen (15) days after such amount is determined either by mutual agreement of the parties or pursuant to the arbitration proceeding described in SECTION Section 12.04 of this Agreement or on the date on which both such amount and Claimant's obligation to pay such amount have been determined by a final judgment of a court or administrative body having jurisdiction over such proceeding.

Payment of Losses. The Indemnifying Party shall pay to the Claimant shall be paid in cash by the Indemnifying Party the amount to which the Claimant may become entitled by reason of the provisions of this ARTICLE XII, within fifteen (15) days 15 Business Days after such amount is determined either by mutual agreement of the parties or pursuant to the arbitration proceeding described in SECTION 12.04 of this Agreement or on the date on which both such amount and Claimant's obligation to pay such amount have been determined by a final final, non-appealable judgment of a court or administrative body having jurisdiction over such proceeding.