Common use of Right to Contest Claims of Third Parties Clause in Contracts

Right to Contest Claims of Third Parties. (i) If an Indemnified Party asserts, or may in the future seek to assert, a claim for indemnification hereunder because of any action, cause of action or suit brought by any Person not a party to this Agreement (a “Third Party Claimant”) that may result in a Loss with respect to which the Indemnified Party would be entitled to indemnification pursuant to this Section 8.3 (an “Asserted Liability”), the Indemnified Party shall deliver to the Indemnifying Party a Claims Notice with respect thereto, which Claims Notice shall, in accordance with the provisions of Section 8.2 hereof, be delivered as promptly as practicable after an action in connection with such Asserted Liability is commenced against the Indemnified Party.

Appears in 4 contracts

Samples: Subscription Agreement (China 3C Group), Subscription Agreement (Sun Oil & Gas, Inc), Subscription Agreement (Supreme Realty Investments, Inc.)

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Right to Contest Claims of Third Parties. (i) 10.5.1 If an Indemnified Party asserts, or may in the future seek to assert, a claim for indemnification hereunder because of any action, cause of action or suit brought by any Person person not a party to this Agreement ({a "Third Party Claimant") that may result in a Loss loss with respect to which the Indemnified Party would be entitled to indemnification pursuant to this Section 8.3 (an "Asserted Liability'), the Indemnified Party shall deliver to the Indemnifying Party a Claims Notice with respect thereto, which Claims Notice shall, shall in accordance with the provisions of Section 8.2 hereof, 10.4 hereof be delivered as promptly as practicable practical after an action in connection with such Asserted Liability is commenced against the Indemnified Party.

Appears in 1 contract

Samples: Licence Agreement (Tiger Telematics Inc)

Right to Contest Claims of Third Parties. (i) If an Indemnified Party asserts, or may in the future seek to assert, a claim for indemnification hereunder because of any action, cause of action or suit brought by any Person not a party to this Agreement (a “Third Party Claimant”) that may result in a Loss with respect to which the Indemnified Party would be entitled to indemnification pursuant to this Section 8.3 10.3 (an “Asserted Liability”), the Indemnified Party shall deliver to the Indemnifying Party a Claims Notice with respect thereto, which Claims Notice shall, in accordance with the provisions of Section 8.2 10.2 hereof, be delivered as promptly as practicable after an action in connection with such Asserted Liability is commenced against the Indemnified Party.

Appears in 1 contract

Samples: Subscription Agreement (Jasmines Garden)

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Right to Contest Claims of Third Parties. (i) 10.5.1 If an Indemnified Party asserts, or may in the future seek to assert, a claim for indemnification hereunder because of any action, cause of action or suit brought by any Person person not a party to this Agreement (a "Third Party Claimant") that may result in a Loss loss with respect to which the Indemnified Party would be entitled to indemnification pursuant to this Section 8.3 (an "Asserted Liability"), the Indemnified Party shall deliver to the Indemnifying Party a Claims Notice with respect thereto, which Claims Notice shall, in accordance with the provisions of Section 8.2 10.4 hereof, be delivered as promptly as practicable after an action in connection with such Asserted Liability is commenced against the Indemnified Party.

Appears in 1 contract

Samples: Licence Agreement (Tiger Telematics Inc)

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