Direct Claim definition

Direct Claim has the meaning set forth in Section 8.05(c).

Direct Claim has the meaning set forth in Section 10.5.

Direct Claim means any claim by an Indemnitee on account of an Indemnifiable Loss which does not result from a Third Party Claim.

Examples of Direct Claim in a sentence

• With respect to any Direct Claim, following receipt of notice from the Indemnified Party of the Indemnification Claim, the Indemnifying Party shall have up to 10 days to make such investigation of the Indemnification Claim as is considered necessary or desirable.

• Such notice shall specify whether the Indemnification Claim arises as a result of a claim by a Person against the Indemnified Party (a "Third Party Claim") or whether the Loss does not so arise (a "Direct Claim") and shall also specify with reasonable particularity (to the extent that the information is available) the factual basis for the Indemnification Claim and the amount of the Loss if known.

• The Indemnifying Party and Indemnified Party will cooperate in good faith to resolve any Direct Claim for a period of 30 Business Days before commencing any Legal Action in connection with such Claim.

More Definitions of Direct Claim

Direct Claim means any Claim by an Indemnified Party against an Indemnifier which does not result from a Third Party Claim;

Direct Claim has the meaning set out in Section 6.2;

Direct Claim shall have the meaning set forth in Section 10.3(d).

Direct Claim means any cause, matter, thing, act, omission or state of facts not involving a Third Party Claim which entitles an Indemnified Person to make a claim for indemnification under this Agreement.

Direct Claim has the meaning set forth in Section 4.06(b).

Direct Claim has the meaning set out in Section 14.3.

Direct Claim is defined in Section 9.4.