Indirect Claim definition

Indirect Claim means a Claim asserted by any Person that is not a Non- Settling Insurer for contribution, indemnity, equitable indemnity, subrogation, or equitable subrogation, or reimbursement, or any other indirect or derivative recovery, on account of or with respect to any Tort Claim against any Protected Party.
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Indirect Claim means any Claim asserted against a Protected Party or a Settling Insurer, by any other Person that is not an Insurer (an “Indirect Claim Claimant”), for contribution, indemnity, equitable indemnity, subrogation, equitable subrogation, reimbursement, or any other indirect or derivative recovery, on account of, or with respect to, any Protected Party’s actual or alleged liability for any Claim against such Indirect Claim Claimant relating to Abuse.
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Indirect Claim means an indirect or derivative claim for losses, such as claims based on assignment, indemnification, equitable allocation or contribution by a joint tortfeasor, a defendant in a Claimant’s personal injury action, or a liability insurer
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Examples of Indirect Claim in a sentence

  • This section is to be completed by all entities asserting an Indirect Claim.

  • This section is to be completed by all entities asserting an Indirect Claim pursuant to TDP section 5.6. B1.

  • In addition, no Indirect Claim may be liquidated and paid in an amount that exceeds what the Indirect Claimant has actually paid the related Direct Claimant.

  • Identification of Entity Asserting Indirect Claim Indirect Party Asserting Claim: _ _(First name, Middle initial, Last name)Current Street Address: (Street/P.O. Box number/ Suite number) (City, State and Zip) Telephone: (Area Code & Number)Fed.

  • If this is a claim that does not meet the Presumptive Standard for an Indirect Claim, as established in Section 5.6 of the TDP, please set forth the specific statutory and case authority which you contend supports the claim.

  • To establish a presumptively valid Indirect Claim, the Indirect Claimant’s aggregate liability for the Direct Claimant’s Claim must also have been fixed, liquidated, and paid fully by the Indirect Claimant by settlement (with an appropriate full release in favor of the Settlement Facility and all other parties referenced above) or a Final Order (as defined in the Plan) provided that such Claim is valid under applicable law.

  • The Asbestos Claim of such Direct Asbestos Claimant is a “Direct Claim.” An Indirect Claimant is a holder of an Indirect Claim.

  • If the Indirect Claim does not meet the “presumptive requirements” for an Indirect Claim, set forth in Section 5.6 of the TDP, please set forth the specific applicable federal state or foreign law that establishes that the Indirect Claimant has paid all on a portion of a liability or deligation of the Trust.

  • If an Indirect Claimant cannot meet the presumptive requirements set forth above, including the requirement that the Indirect Claimant provide the Settlement Facility with a full release of the Direct Claimant’s Claim, the Indirect Claimant may request that the Settlement Facility review the Indirect Claim to determine whether the Indirect Claimant can establish under applicable law that the Indirect Claimant has paid all or a portion of a Direct Claim.

  • If an Indirect Claimant cannot meet the requirements set forth above, including the requirement that the Indirect Claimant provide the Trust with a full release of the Direct Claimant’s Claim, the Indirect Claimant may request that the Trust review the Indirect Claim to determine whether the Indirect Claimant can establish under applicable law that the Indirect Claimant has paid all or a portion of a Direct Claim.


More Definitions of Indirect Claim

Indirect Claim means a Claim against a Protected Party or a Settling Insurer, asserted by any other Person that is not an Insurer for contribution, indemnity, equitable indemnity, subrogation, or equitable subrogation, or
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Indirect Claim means any claim for indemnity pursuant to Section 8.01 other than a Direct Claim.
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Indirect Claim means any Claim by a Joint Tortfeasor asserted against a Protected Party or a Settling Insurer for contribution, indemnity, equitable indemnity, subrogation, equitable subrogation, reimbursement, or any other indirect or derivative recovery.
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Indirect Claim means any Claim for contribution, reimbursement, subrogation, offset rights or indemnity (as those terms are defined by the non-bankruptcy law of any relevant jurisdiction) and any other indirect Claim of any kind whatsoever, whenever and wherever arising or asserted, and whether in the nature of or sounding in contract, tort, warranty, or any other theory of law, equity or admiralty.
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Indirect Claim means a Claim against a Protected Party or a Settling Insurer, asserted by any other Person that is not an Insurer for contribution, indemnity, equitable indemnity, subrogation, or equitable subrogation, or reimbursement, or any other indirect or derivative recovery, on account of, or with respect to, any Protected Party’s actual or alleged liability, for any Claim relating to Abuse that is not a Tort Claim. Class 10 Claims, Class 11 Claims and Class 12 Claims are Indirect Claims.
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Related to Indirect Claim

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.30.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

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

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

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

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • 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.

  • Claim means any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation, citation, summons, subpoena, or investigation of any nature, whether civil, criminal, administrative, regulatory or other, and whether at law, in equity or otherwise brought against an Indemnified Person.

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

  • Relevant Claim means a civil claim made in respect of any of the following—

  • IP Claim means a Claim made against you by a third party alleging that the Stripe Technology, Services or a Stripe Mark provided to and used by you in accordance with this Agreement infringes or misappropriates the IP Rights of the third party making the Claim, excluding Claims made by Connected Accounts.