Examples of Subject Claims in a sentence
Each Consenting Creditor agrees that any Transfer of any Subject Claims that does not comply with the terms and procedures set forth herein shall be deemed void ab initio, and each other Party shall have the right to enforce the voiding of such Transfer, provided, however, for the avoidance of doubt, that upon any purchase, acquisition, or assumption by any Consenting Creditor of any Subject Claims, such Subject Claims shall automatically be deemed to be subject to all the terms of this Agreement.
Each Consenting Creditor agrees that if a Consenting Creditor acquires or owns additional Subject Claims (other than in its capacity as a Qualified Marketmaker), then without any further action such Subject Claims shall be subject to this Agreement (including the obligations of the Consenting Creditors under this Section 9).
A Party ("Defaulting Party") shall indemnify the other Party in relation damages imposed on the other Party due to Data Subject Claims that stems from a court decision, arbitration or settlement, as well as the other Party's costs associated with such Data Subject Claims.
For the purposes of this DPA, "Data Subject Claims" shall mean claims according to Article 82.1 GDPR, where the claims are resulting from the Defaulting Party’s failure to fulfil its obligations under this DPA and/or applicable Data Protection Law.
The Defaulting Party’s liability pursuant to clause 6.3 is subject to (i) that the Defaulting Party, without undue delay, has been informed by the other Party of the Data Subject Claims; and (ii) that the Defaulting Party - after due consultation with the other Party – is granted exclusive rights to handle all aspects of the claim in court proceedings and/or negotiate a settlement ("Process Control").