Examples of Product Liability Claim in a sentence
If a Product Liability Claim is asserted against both Parties, each Party will have the right to designate counsel to defend itself in the Product Liability Claim.
Each Party must cooperate with the other Party in connection with any Product Liability Claim that is commenced or threatened against the other Party.
Buyer and Seller each will take all commercially reasonable actions, and cooperate with the other Party, as may be necessary to (i) tender each Product Liability Claim to the Vendor or manufacturer of the applicable Product and (ii) cause the Vendor or manufacturer to assume and bear financial responsibility for, and hold Buyer and Seller harmless from, the Product Liability Claim to the fullest extent permitted by Applicable Law, including the legal defense of the Product Liability Claim.
The Controlling Party will otherwise keep the other Party fully informed of the status and progress of the defense and any settlement discussions concerning the Product Liability Claim.
Each Party will notify promptly the other if it ------ becomes aware of a Claim (actual or potential) by any Third Party (other than any Product Liability Claim provided for under Section 14.5) (a "Third Party ----------- Claim") for which indemnification may be sought by that Party and will give such ----- information with respect thereto as the other Party shall reasonably request.