Defense Election Notice definition

Defense Election Notice has the meaning set forth in Section 13.3.1.
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Defense Election Notice is defined in Section 9.7(a).
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Examples of Defense Election Notice in a sentence

  • If the Indemnifying Party intends to undertake to defend an action or claim against an Indemnified Party, then the Indemnifying Party shall give a written notice (a "Defense Election Notice") to the Indemnified Party of its intention to do so within thirty (30) days of the Indemnification Notice to which such action or claim relates.

  • If any Indemnifying Party shall undertake to defend a claim asserted by a person not a party to this Agreement, it shall tender a notice (a "Defense Election Notice") to the Indemnified Party of its intention to do so within ten (10) business days of the Indemnification Notice to which it relates.

  • If Indemnitor does not deliver a Defense Election Notice to Indemnitee during the applicable Election Time Period, Indemnitee will have the right to assume responsibility for and control such defense and, without limiting Indemnitor’s obligations under Section 9.1 or 9.2, Indemnitor will reimburse Indemnitee for all costs and expenses and other Damages, including reasonable attorneys’ fees, incurred by Indemnitee in undertaking such defense.

  • Notwithstanding anything herein to the contrary, if the Indemnifying Party does not give a Defense Election Notice within ten (10) business days of the Indemnification Notice, the Indemnified Party shall be free, in its sole discretion, to defend, compromise, or settle the claim for which indemnification is sought, and the Indemnifying Party shall pay all Losses incurred by the Indemnified Party arising from or relating to such Losses.

  • If any Indemnifying Party shall undertake to compromise or defend any such asserted liability, it shall give a notice ("Defense Election Notice") to the Indemnified Party of its intention to do so within thirty (30) business days of the Indemnification Notice to which it relates.

  • If Indemnitor does not deliver a Defense Election Notice to Indemnitee during the applicable Election Time Period, Indemnitee will have the right to assume responsibility for and control such defense and, without limiting Indemnitor’s obligations under Section 7.1 or 7.2, Indemnitor will reimburse Indemnitee for all costs and expenses and other Damages, including reasonable attorneys’ fees, incurred by Indemnitee in undertaking such defense.

  • If the Purchaser shall undertake to defend a claim asserted by a Person not a party to this Agreement, it shall give a notice (a "Defense Election Notice") to the Seller of its intention to do so within twenty (20) business days of the Indemnification Notice to which it relates.

  • Notwithstanding anything herein to the contrary, if the Purchaser does not give a Defense Election Notice within twenty (20) business days of the Indemnification Notice, the Seller shall be free, in its sole discretion, to defend, compromise, or settle the claim for which indemnification is sought, and the Purchaser shall pay all Losses incurred by the Seller arising from or relating to such Losses.

Related to Defense Election Notice

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Notice of Election means the one or more notices of election (in such form as the Manager may approve) which the Manager will, at its discretion, send to each Unitholder and through which each Unitholder may indicate whether they wish to participate in the Distribution Reinvestment Plan.

  • Contribution Notice means a contribution notice issued by the Pensions Regulator under section 38 or section 47 of the Pensions Xxx 0000.

  • Notice of Claim has the meaning set forth in Section 9.4(a).

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • decision notice means a written notice of a decision by the Department regarding an individual's eligibility for benefits in a program.

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Extension Notice has the meaning specified in Section 308.

  • Step-In Notice has the meaning set out in Section 3.1;

  • Response Notice is defined in Section 14.3(b)(ii).

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • Mediation Notice is defined in Section 6.2(b).

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • Reduction Notice has the meaning set forth in Section 1.3.