Products Liability Claims definition

Products Liability Claims means, collectively, Breast Implant Claims, Other Products Claims, Silicone Material Claims, Raw Material Breast Implant Claims, Miscellaneous Raw Material Claims and LTCI Claims.
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Products Liability Claims means any (i)(A) lawsuit, class action, or other claim by a third party or third parties (other than a Governmental Authority) (whether based on negligence, fraud, failure to warn, strict products liability, violation of applicable Law, or other theory, and whether seeking injunctive relief, money damages, or other remedy), related to or arising out of personal injury or death, or damage, destruction or diminished value of property or (i)(B) investigation, action or other claim by any Governmental Authority concerning compliance or non-compliance with applicable Laws (whether seeking fines, injunctive relief, Product Recall, field action, or other penalties), or (ii) claim by a customer of the Business seeking damages, costs, reimbursement, contribution, indemnification, injunctive relief, repair, replacement, or other responsibility for Losses or other Liabilities related to or arising out of the matters described in clauses (i)(A) or (i)(B), or any systemic design defect or systemic manufacturing defect, any voluntary or involuntary Product Recall, field action or violation of applicable Laws, in each case of sub-sections (i) and (ii) related to or arising out of a product or products sold by the Sellers or the Sellers’ Affiliates in connection with the Business.
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Products Liability Claims means any Action brought by a third party seeking Damages of any kind arising out of any personal injury, property damage or economic loss to the extent such injury or loss arises, or is alleged to arise (i) from any actual or alleged defect in design, manufacture or marketing of any Product (including any failure to provide adequate warnings with respect to a Product), or (ii) under any actual or alleged warranty applicable to any Product.
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Examples of Products Liability Claims in a sentence

  • GP shall in any event diligently and in good faith defend any asserted Products Liability Claims for which any member of the Purchaser Group seeks indemnification.

  • For the avoidance of doubt, the Seller shall have no responsibility to indemnify the Purchaser Indemnitees in respect of Products Liability Claims to the extent that such Products Liability Claims relate to the Purchaser Period (the "Purchaser Claims").

  • For the avoidance of doubt, the Seller makes no representation or warranty as to the availability of any insurance coverage in respect of Products Liability Claims or General Liability Claims to the Minerals Group under any Seller Umbrella Policy after the Closing Date.

  • The Purchaser agrees that, upon the Seller's reasonable request, the Purchaser will cause the Company and its Subsidiaries to enter into a written agreement or other instrument with Manville that extends the term of the Manville Indemnification Obligation or sets forth the terms of any new agreement or arrangement with regard to Products Liability Claims agreed upon by the Seller and Manville.

  • Schedule 3.34 sets forth a list of all claims for coverage in respect of Products Liability Claims which have been formally submitted to insurers under the Seller Umbrella Policies for coverage, and, as of the date of this Agreement, no written denial of coverage for any Products Liability Claim set forth in Schedule 3.34 has been received by the Seller from any insurer under the Seller Umbrella Policies.

  • Claims for punitive or exemplary damages in connection with Products Liability Claims, whether asserted by Personal Injury Claimants, Physician Claimants, or any other Claimants, shall not be Allowed.

  • During each Products ---------------------------- Liability Period, Seller shall maintain one or more insurance policies providing coverage for up to an aggregate amount of One Million Dollars per occurrence/Two Million Dollars aggregate with a $25,000 deductible per claim with respect to any Products Liability Claims that may be made against the Seller or any of its Subsidiaries during such Products Liability Period.

  • It is acknowledged and agreed that there shall be no “double recovery” under Section 9.2 to the extent of any amounts actually paid by Seller under this Section in respect of a matter indemnifiable under Section 9.2; provided, however, that the foregoing covenants shall apply only in respect of Pre-Closing Products Liability Claims in respect of which a notice in accordance with the preceding subsection (i) has been delivered to Seller on or before the date that is eighteen months after the Closing Date.

  • For Workers’ Compensation, Automobile Liability, General Liability, and Products Liability Claims, the Client will initiate a wire transfer on a monthly basis to Sedgwick unless otherwise provided in any separate agreement between Sedgwick, Client, and Client’s insurance carrier.

  • In return for the release of their liability in respect of Products Liability Claims as provided in section 8.3 of the Plan (and the protections of the injunction described in the next section), Dow Chemical and Corning have agreed to support the Plan in several important ways.