Define: Third Party Claim
What does "Third Party Claim" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (CHEVRON CORP, seen in 1 filing)
Third Party Claim means any of the following (A) Any Claim filed by any Third Party. (B) Any written threat to file a Claim by any Third Party. (C) Any matter noted in writing made by any Third Party that could reasonably be construed to result in a Claim being commenced if such matter is not resolved.
Source: CHEVRON CORP 10-Q
Definition 2 (COSTCO WHOLESALE CORP /NEW, seen in 1 filing)
Third Party Claim means a claim instituted or asserted against an Indemnified Person by a third party.
Source: COSTCO WHOLESALE CORP /NEW 10-Q
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.