Indemnified Item definition
Examples of Indemnified Item in a sentence
If SKYTRAC in its discretion determines that none of the foregoing alternatives is reasonably available, Client agrees to return such Indemnified Item to SKYTRAC upon SKYTRAC’s request.
If SKYTRAC requests to have such Indemnified Item returned, SKYTRAC will grant Client a credit equal to the then-current net book value of the Indemnified Item as indicated on the books of Client, provided that Client has followed generally accepted accounting principles.
If a claim of infringement is made or appears likely to be made regarding any Indemnified Item, Client agrees to allow SKYTRAC to modify or replace such Indemnified Item.
If such a claim is made or appears likely to be made about an Indemnified Item in XYZ 's inventory, XYZ agrees to permit YYY to either enable XYZ to continue to market the Indemnified Item, or to modify or replace it.
If Quantum determines that none of these alternatives is reasonably available, Dell will return the Indemnified Item freight collect at Quantum's request for a credit at the purchase price.
If removal of the Indemnified Item from use in performing Services or recall of a Deliverable causes the loss or degradation of the Services or any portion of the Services that is material to Triple-S or has a material impact on Triple-S, such loss, degradation or material impact will constitute a material breach of this Agreement by Supplier in respect of which Triple-S may exercise its termination and other rights and remedies under this Agreement or at law or equity.
If such a claim is made or appears likely to be made about an Indemnified Item in Dell's inventory, Dell agrees to permit Quantum to either enable Dell to continue to market the Indemnified Item, or to modify or replace it.
If any Indemnified Item arises as to which any indemnity provided herein may apply and Seller fails to assume the defense of such Indemnified Item upon receipt by Seller of notification thereof, then the Buyer Indemnitee `against which the Indemnified Item is instituted, asserted or commenced may, at Seller’s expense, contest, or settle, such Indemnified Item.
If YYY determines that none of these alternatives is reasonably available, XYZ will return the Indemnified Item freight collect at YYY 's request for a credit at the purchase price.
If Consultant fails to provide one of the foregoing remedies within forty-five (45) days of notice of the claim, Consultant shall refund to AssetMark all sums paid by AssetMark for the infringing Indemnified Item, prorated over three years from the date of delivery of the Indemnified Item.