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 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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Examples of Indirect Claim in a sentence

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

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Indirect Claims arising after the Effective Date of the Trust shall be filed within one year of the event giving rise to the Indirect Claim—i.e., the date of a written assignment from the direct Claimant, or the date of the judgment or the settlement release that gave rise to the Indirect Claim.


More Definitions of Indirect Claim

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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Indirect Claim means any claim for indemnity pursuant to Section 8.01 other than a Direct Claim.
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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
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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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Related to Indirect Claim

  • Direct Claim has the meaning set forth in Section 8.05(c).

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

  • 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.

  • 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.

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • 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).

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Infringement Claim has the meaning set forth in Section 8.2(a).

  • 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.

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

  • 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.

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Claim means any action, claim, obligation, liability, expense, lawsuit, demand, suit, inquiry, hearing, investigation, notice of a violation, litigation, proceeding, arbitration, or other dispute, whether civil, criminal, administrative or otherwise, whether pursuant to contractual obligations or otherwise.

  • Indemnified Party’s Group means the Seller Group (with respect to a Seller Indemnified Party) or the Purchaser Group (with respect to a Purchaser Indemnified Party).

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

  • Relevant Claim means a Warranty Claim or any claim by any Investor for indemnification or pursuant to any other provision of this Agreement.

  • 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.

  • 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.

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • Indemnified Matter has the meaning specified in Section 11.4 (Indemnities).

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

  • First party claimant means an individual, corporation, association, partnership, or other legal entity asserting a right to payment as a covered person under an insurance policy or insurance contract arising out of the occurrence of the contingency or loss covered by such a policy or contract.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).