Direct Claims has the meaning set forth in Section 8.04(a).
Direct Claims mean any claim or claims (other than Third Party Claims) by an Indemnified Party against an Indemnifying Party for which the Indemnified Party may seek indemnification under this Agreement.
Direct Claims has the meaning Section 8.6(a) specifies.
Examples of Direct Claims in a sentence
The TAC Members shall serve in a fiduciary capacity, representing the interests of all holders of Existing Direct Claims.
The TAC Members shall have no fiduciary obligations or duties to any Party or Person other than the holders of Existing Direct Claims.
More Definitions of Direct Claims
Direct Claims has the meaning set forth in Section 6.6.
Direct Claims means claims other than Third Party Claims. "Direct Claim" means one of the Direct Claims.
Direct Claims is defined in Section 8.10(b).
Direct Claims has the meaning set forth in the definition of “Losses.”
Direct Claims means any Claim that is not a Third-Party Claim. The Seller will have a period of thirty (30) days following its receipt of the notice of a Direct Claim (the “Direct Claim Response Period”) to respond in writing to such Direct Claim. If the Seller does not so respond within such Direct Claim Response Period, the Seller will be deemed to have rejected such claim, in which event the Buyer will be free to pursue such remedies as may be available to the Buyer on the terms and subject to the provisions of this Agreement. If an objection is timely interposed by the Seller, then the Buyer and the Seller shall negotiate in good faith for a period of thirty (30) days from the date the Buyer receives such objection (such period, or such longer period as agreed in writing by the parties, is hereinafter referred to as the “Negotiation Period”). If the Negotiation Period has not resulted in a resolution of the Direct Claim that is the subject of the Direct Claim Notice prior to the expiration thereof, the Buyer or the Seller may submit the dispute for resolution to a court of competent jurisdiction and each will be free to pursue such remedies as may be available to them on the terms and subject to the provisions of this Agreement.
Direct Claims has the meaning set forth in Section 9(d) below.
Direct Claims has the meaning set forth in Section 3.5(a).