Common use of Conduct by Indemnified Person Clause in Contracts

Conduct by Indemnified Person. Notwithstanding Clause 6.2 (Conduct of claims), an Indemnified Person and/or its Related Parties may retain separate legal advisers in each relevant jurisdiction and direct the defence of the relevant Claim and the Indemnifier shall reimburse such Indemnified Person for any legal or other expenses reasonably so incurred if: 6.3.1 Indemnifier's failure: the Indemnifier (having assumed such defence) fails properly to make such defence or to retain for such purpose legal advisers approved by such Indemnified Person;

Appears in 1 contract

Samples: Placement Agreement (BMB Munai Inc)

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Conduct by Indemnified Person. Notwithstanding Clause 6.2 (Conduct of claims), an Indemnified Person and/or its Related Parties may retain separate legal advisers in each relevant jurisdiction and direct the defence of the relevant Claim and the Indemnifier shall reimburse such Indemnified Person for any properly documented legal or other expenses reasonably so incurred if: 6.3.1 (a) Indemnifier's failure: the Indemnifier (having assumed such defence) fails properly to make such defence or to retain for such purpose legal advisers approved by such Indemnified Person;

Appears in 1 contract

Samples: Dealer Agreement

Conduct by Indemnified Person. Notwithstanding Clause 6.2 7.2 (Conduct of claims), an Indemnified Person and/or its Related Parties may retain separate legal advisers in each relevant jurisdiction and direct the defence of the relevant Claim and the Indemnifier shall reimburse such Indemnified Person for any legal or other expenses reasonably so incurred if: 6.3.1 Indemnifier's failure: the Indemnifier (having assumed such defence) fails properly to make such defence or to retain for such purpose legal advisers approved by such Indemnified Person;

Appears in 1 contract

Samples: Subscription Agreement

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Conduct by Indemnified Person. Notwithstanding Clause 6.2 6.4 (Conduct of claims), an Indemnified Person and/or its Related Parties may retain separate legal advisers in each relevant jurisdiction and direct the defence of the relevant Claim and the Indemnifier shall reimburse such Indemnified Person for any legal or other expenses reasonably so incurred if: 6.3.1 Indemnifier's failure: the Indemnifier (having assumed such defence) fails properly to make such defence or to retain for such purpose legal advisers approved by such Indemnified Person;

Appears in 1 contract

Samples: Dealer Agreement

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