Indemnity Claims definition

Indemnity Claims means all third party claims or actions, threatened or filed, whether groundless, false, fraudulent or otherwise, that directly or indirectly relate to the subject matter of an indemnity, and the resulting losses, damages, expenses, attorneys’ fees and court costs, whether resulting from a settlement or otherwise, and whether such claims or actions are threatened or filed prior to or after the termination of this Agreement.
Indemnity Claims has the meaning given to such term in Section 11.07 (Indemnification).
Indemnity Claims shall have the meaning set forth in Section 7.3(a).

Examples of Indemnity Claims in a sentence

  • In addition to the requirements set forth hereinabove, Contractor shall ensure, by written subcontract agreement, that each of Contractor’s Subcontractors of every tier shall protect, defend, indemnify and hold harmless the Indemnitees with respect to Indemnity Claims arising out of, in connection with, or in any way related to each such Subcontractors’ Work on the Project in the same manner in which Contractor is required to protect, defend, indemnify and hold the Indemnitees harmless.

  • In the event an Indemnity Claim arises prior to final payment to Contractor, the City may, in its sole discretion, reserve, retain or apply any monies due Contractor for the purpose of resolving such Indemnity Claims; provided, however, the City may release such funds if the Contractor provides the City with reasonable assurances of protection of the Indemnitees’ interests.

  • If excessive Direct Debit Indemnity Claims (defined as over 5% of Clients) are received or You commit a breach of this Agreement, We reserve the right to retain Client Collections to mitigate risk exposure to Us and hold on client account.

  • Any claim under this Clause shall be conducted in accordance with Clause 14.5 (Conduct of Indemnity Claims).

  • Except for statutes of limitation under applicable law, there are no time limits for Covenant Indemnity Claims.


More Definitions of Indemnity Claims

Indemnity Claims. Has the meaning given to it in Section 7.2(a).
Indemnity Claims means any Purchaser Indemnity Claims or Seller Indemnity Claims.
Indemnity Claims. ’ means a claim for reimbursement made in accordance with the BACS rules and submitted by the Direct Debit Customer to the Direct Debit Customer’s bank.
Indemnity Claims has the meaning set forth in Section 17.
Indemnity Claims is defined in §8.03(c).
Indemnity Claims means any Buyer Indemnity Claims or Seller Indemnity Claims.
Indemnity Claims means all losses, liabilities, damages, costs, expenses and attorneys’ fees, whether incurred by settlement or otherwise, related to injury to persons or damage to property.