Property Claim definition

Property Claim means, with respect to any Specified Policy, all Liabilities of the Dividing Company under the terms of such Specified Policy for claims made by an Insured Person or any other Person with respect to one or more of the following types of coverage: property damage liability, limited property damage liability, property protection and loss to the auto (including limited collision, broad form collision, standard collision and auto comprehensive coverage).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Property Claim means a claim,

Property Claim means a claim pursuant or with respect to:

Examples of Property Claim in a sentence

Any case of injury to an employee or damage to his/her property, which is required for the work, shall be reported promptly to Administration who will advise of next steps, including employee submission of a Personal Property Claim and/or Worker’s Compensation & Accident Report to Administration within 24 hours.

More Definitions of Property Claim

Property Claim means any claim or demand arising from or related to direct, physical loss or damage to the Real Property that is required to be covered by the Property Insurance Policies.

Property Claim means a claim in a proceeding for division of property by a spouse, former spouse, partner, or former partner;

Property Claim means in relation to any Property (i) any property claims or third party claims or claims by the government of the jurisdictions in which the Property is/are located or mortgagee of the Property or chargee of the Property or claims of similar nature (if any) arising out of any breach or non-compliance of any applicable laws, rules and/or regulations affecting the Property and/or of the occupier of the Property and/or breach or non-compliance of other terms, conditions, covenants, restrictions of the relevant agreement (including but not limited to mortgage, legal charge and tenancy agreement) or of any (if any) land use right sale and purchase agreement or holding of any defective real estate title certificate or any other title documents in respect of the Property with reference to the physical state or the legal status of the Property at the time when such Property’s owner or occupier became a subsidiary or jointly controlled entity of our Company, or (ii) any eviction of any member of our Group from any Property as a result of any claim referred to in paragraph (i) by any government authority or any third party; and

Related to Property Claim

Indemnity Claim has the meaning set forth in Section 8.3.
Intellectual Property Claim means the assertion by any Person of a claim (whether asserted in writing, by action, suit or proceeding or otherwise) that any Borrower’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other property or asset is violative of any ownership of or right to use any Intellectual Property of such Person.
Third Party Claim has the meaning set forth in Section 9.5(a).
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.