Indemnified Claim definition

Indemnified Claim. “Indemnified Party” and “Indemnifying Party” each have the meaning given to them in Section 20.4.

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Indemnified Claim has the meaning set forth in Section 8.2.

Indemnified Claim means any and all claims, damages, liabilities, costs, losses, and expenses (including reasonable attorneys’ fees and all related costs and expenses) arising from or relating to any claim, suit, proceeding, demand, or action brought by you or a third party or other User against an Indemnified Party.

Examples of Indemnified Claim in a sentence

The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim; provided that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld.
The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which such consent shall not be unreasonably withheld, conditioned, or delayed; provided, further that the Company may conduct and manage the defense against any Indemnified Claim if the Trustee does not promptly take reasonable steps to mount such a defense.
The failure to notify the Indemnifying Party will not relieve such Party of any liability under this Section, except to the extent that such failure materially prejudices the investigation and/or defense of the Indemnified Claim.
In all cases, each Party will, as applicable, provide reasonable cooperation and assistance to the other Party and keep the other Party apprised as to the status of the Indemnified Claim, including any discussions relating to the settlement of the claim and the details of any settlement offer.
Where the Indemnifying Party controls and directs the investigation of the defence of the Indemnified Claim, the Indemnified Party may retain separate counsel at its own expense.

More Definitions of Indemnified Claim

Indemnified Claim means any and all claims, damages, liabilities, costs, losses, and expenses (including attorneys’ fees) arising from or relating to any claim, suit, proceeding, demand, or action brought by you or a third party or other User against an Indemnified Party.

Indemnified Claim shall have the meaning ascribed thereto in clause 20.2;

Indemnified Claim shall have the meaning set forth in Section 10.3(g).

Indemnified Claim means the basis for the Indemnified Party’s claim for indemnification under Article 13 hereof.

Indemnified Claim shall have the meaning set forth in Section 13.2(c) hereof.

Indemnified Claim has the meaning set forth in Section 9.4(f).

Indemnified Claim has the meaning specified in Section 7(f);