Indemnity Claim Amount definition

Indemnity Claim Amount means the amount of Losses claimed in any Notice of Claim, which amount, if not finally determined, may be a good faith estimate of the Losses that may be subject to indemnification pursuant to this Agreement.
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Indemnity Claim Amount is defined in Section 8.14(b).
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Indemnity Claim Amount means the amount of Damages claimed in any Notice of Claim.
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Examples of Indemnity Claim Amount in a sentence

  • If the Indemnifying Party breaches its obligation and does not make cash payment of such amount on the date so scheduled, Escrow Consideration Shares for the applicable Indemnity Claim Amount (or portion thereof) shall be released to Purchaser on the next day in accordance with the provisions of Section 9.

  • If TIC chooses not to defend against an Indemnity Claim, the related Indemnity Claim Amount shall be the amount of the Indemnity Claim specified in a written settlement agreement between the General Partner and the claimant or in an order of a court of competent jurisdiction that is not further appealable.

  • Notwithstanding anything to the contrary contained herein, if the sum of (A) the Recoupment Amount, if any, applicable to a Delta FASA Credit, (B) the Delta Indemnity Claim Amount, if any, applicable to such Delta FASA Credit and (C) the Delta FASA Claim Amount, if any, applicable to such Delta FASA Credit exceeds the amount of such Delta FASA Credit, then such excess shall be applied against future Delta FASA Credits, if any, but only to the extent expressly permitted pursuant to Section 4.4(b) hereof.

  • At any time prior to the expiration of the Claim Investigation Period, the Stockholders’ Agent may dispute in good faith the Parent Indemnity Claim, the Parent Indemnity Claim Basis and/or all or any part of the Parent Indemnity Claim Amount specified in such Parent Indemnity Claim Notice (a “Dispute”) by written notice to Parent on or prior to the expiration of the Claim Investigation Period (a “Dispute Notice”).

  • The Claim Objection shall set forth (i) in reasonable detail the reasons for the objection to the Claim, and (ii) the amount of the Indemnity Claim Amount which is disputed, to the extent known or reasonably determinable.

  • Any such Notice of Claim pursuant to this Section 8.6(a) shall set forth (1) in reasonable detail the basis for such claim, (2) the Indemnity Claim Amount, and (3) the name of any person against whom the claim is being made.

  • As used herein, the "Required Escrow Amount" means the amount of $24,000,000 less (i) any amounts recouped by Worldspan as a Delta Indemnity Claim Amount under Section 4.4(b)(2) of the Agreement and deposited by Worldspan into the escrow account established pursuant to the Worldspan/Delta Indemnity Claim Escrow Agreement (the "Worldspan/Delta Indemnity Claim Escrow Account") prior to the Initial Public Offering and (ii) any amounts set off by Worldspan Technologies Inc.

  • If the Indemnified Party does not receive a Claim Objection within the Objection Period, then the Indemnifying Party shall be deemed to have acknowledged and agreed with the correctness of such Indemnity Claim Amount for the full amount thereof and shall thereafter be precluded from disputing such Indemnity Claim Amount.

  • The Escrow Agent is hereby irrevocably authorized and irrevocably directed by the parties hereto to complete the Confession of Judgment in the amount of ONE MILLION DOLLARS ($1,000,000.00) less any Indemnity Claim Amount, notice of which is received by the Escrow Agent prior to January 1, 2009.

  • The program has a policy and procedures regarding the completion of the comprehensive physical assessment (CPA), including the requirement to clearly document the youth’s refusal of any part of the exam on the CPA form accompanied by the youth’s signature.


More Definitions of Indemnity Claim Amount

Indemnity Claim Amount means the amount of any claim reimbursable or indemnified by the APL Parties in accordance with Articles 8, 10 or 11 of the Formation Agreement.
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Indemnity Claim Amount means, with respect to an Indemnity Claim, the amount determined as prescribed in subsection (c)(iv) of this section.
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Indemnity Claim Amount has the meaning set forth on Schedule F.
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Indemnity Claim Amount has the meaning set forth in Section 9.4(a) hereof.
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Indemnity Claim Amount is defined in Section 9.5(a).
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Indemnity Claim Amount means the Buyer’s good faith estimate of the amount of damages to which it is entitled pursuant to a Claim Notice given under the Purchase Agreement.
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Related to Indemnity Claim Amount

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Claim Amount means the amount calculated in accordance with Section 6.2 of this Policy.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnity Escrow Amount means $3,000,000.

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VI.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Claimed Amount means the amount of any Damages incurred or reasonably expected to be incurred by the Indemnified Party.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code or the repudiation of such contract.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Claim Period means the period of time during which a Settlement Class Member must submit a Claim Form to be eligible to receive a Cash Benefit or Billing Credit Option as part of the Settlement. The Claim Period shall commence not later than thirty (30) days after the Preliminary Approval Date, as defined herein, and shall conclude not more than ninety (90) days after it commences.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).