Examples of Specified Claim in a sentence
Except as otherwise provided in the Insurance Matters Agreement, all fees and expenses related to Parent's participation in the defense, settlement and compromise of any Specified Claim in accordance with this Section 4.5(e) shall be borne by Parent.
Within 30 days after the receipt of notice from an Indemnitee in accordance with Section 4.5(a), Parent shall notify the Indemnitee of its election to participate in the defense, compromise and settlement of such Specified Claim.
On exposed and rocky sites, canyon live oak forms continuous forest stands.
For example, Parent must give due consideration to the total possible financial exposure arising out of a Specified Claim even though in the event of an adverse outcome substantially all of the liability would be borne by Xxxxx Xxxxxxx as opposed to Parent as a result of Parent's liability for Specified Claims being limited to $17.5 million.
Accordingly, the withholding of Parent's consent as to any particular Specified Claim shall not be deemed reasonable if Parent does not give due consideration to the total possible financial exposure arising out of such Specified Claim, regardless of whether such exposure would be borne by Parent on the one hand, or Xxxxx Xxxxxxx or any Indemnitee on the other hand.