Asserting Party definition

Asserting Party shall have the meaning set forth in Section 11.21.
Asserting Party means the party against whom a Claim is asserted and who seeks indemnification under this Agreement, and the termDefending Party” shall mean the party from whom indemnification is sought under this Agreement.
Asserting Party has the meaning set forth in Section 10.6.

Examples of Asserting Party in a sentence

  • Assumption of such liability, as against the Asserting Party, shall not be deemed an admission of liability as against any such third party.

  • If the other party decides not to participate, it shall provide all commercially reasonable assistance to the Asserting Party in connection with such dispute, at the Asserting Party’s expense.

  • Additionally, the Asserting Party shall refund promptly to the Defending Party any amount of the Asserting Party's Losses that are subsequently recovered by the Asserting Party pursuant to a settlement or otherwise.

  • Assumption of such Liability, as against the Asserting Party, shall not be deemed an admission of liability as against any such third party.

  • If the Indemnifying Party does not assume the defense of the Third Party Claim, the Asserting Party will have the right to defend and settle the Third Party Claim.


More Definitions of Asserting Party

Asserting Party is defined in Section 4.2.1.
Asserting Party is defined in Section 3.1(d) herein.
Asserting Party has the meaning set forth in the definition of Redirected Distribution Amount.
Asserting Party shall have the meaning set forth in Section 18.2.4 of this Agreement.
Asserting Party has the meaning set forth in Article 32.2.3.
Asserting Party has the meaning set forth in Section 2.3(b).
Asserting Party. Section 16.3 "Assets" Section 1 "Assumed Contracts" Section 2.2 "Closing" Section 11. 1 "Closing Date" Section 11. 1 "Contracts" Section 6.5.1 "Defending Party" Section 16.3 "Deposit" Section 3 "Effective Date Preamble "Environmental Testing" Section 8.5 "Existing Site Assessments" Section 8.5 "Facility"; "Facilities" Preamble "Inspection Period" Section 9.1 "Inventory" Section 1.3 "Labor Contracts" Section 6.5.1 "Liabilities" Section 16.1 "Land" Preamble "Major Damage" Section 12.1 "Occupancy Agreement" Section 6.5.1