Direct Claim definition

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

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

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

Examples of Direct Claim in a sentence

• Such notice by the Indemnified Party shall describe the Direct Claim in reasonable detail, shall include copies of all material written evidence thereof and shall indicate the estimated amount, if reasonably practicable, of the Loss that has been or may be sustained by the Indemnified Party.

• Any Action by an Indemnified Party on account of a Loss which does not result from a Third Party Claim (a “Direct Claim”) shall be asserted by the Indemnified Party giving the Indemnifying Party reasonably prompt written notice thereof, but in any event not later than thirty (30) days after the Indemnified Party becomes aware of such Direct Claim.

• The Indemnifying Party shall have thirty (30) days after its receipt of such notice to respond in writing to such Direct Claim.

• The Indemnifying Party shall have 30 days after its receipt of such notice to respond in writing to such Direct Claim.

• Any Action by an Indemnified Party on account of a Loss which does not result from a Third Party Claim (a “Direct Claim”) shall be asserted by the Indemnified Party giving the Indemnifying Party reasonably prompt written notice thereof, but in any event not later than 30 days after the Indemnified Party becomes aware of such Direct Claim.

More Definitions of Direct Claim

Direct Claim has the meaning set forth in Section 5.5.

Direct Claim has the meaning set forth in Section 10.04(c).

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 is defined in Section 9.4.

Direct Claim has the meaning set out in Section 14.3.