Carriage of Litigation. If a claim is made under this Article XIII involving a claim by a third party, the party with greater exposure under this Agreement in respect of the claim will have carriage of the third party litigation. It will consult with the other party, which will be entitled to retain its own counsel and participate in the litigation at its own expense.
Appears in 4 contracts
Samples: Take Up Agreement (Paramount Energy Trust), Take Up Agreement (Paramount Energy Trust), Initial Assets Purchase Agreement (Paramount Energy Trust)
Carriage of Litigation. If a claim is made under this Article XIII XV involving a claim by a third partyThird Party, the party Party with greater exposure under this Agreement in respect of the claim will have carriage of the third party Third Party litigation. It will consult with the other partyParty, which will be entitled to retain its own counsel and participate in the litigation at its own expense.
Appears in 1 contract
Samples: Asset Sale Agreement
