Common use of The Claimant Clause in Contracts

The Claimant. a) requires funding for the investigation and prosecution of the Claims; b) requires indemnity against any amounts owing under any Adverse Costs Order in the Proceedings; and c) will not prosecute the Claims unless financial accommodation that satisfies the requirements in paragraphs 1.4(a) and (b) is secured and maintained.

Appears in 4 contracts

Sources: Class Action Retainer and Costs Agreement, Class Action Retainer and Costs Agreement, Class Action Retainer and Costs Agreement