Asserting Party definition
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.