Common use of Conduct of Indemnification Proceedings; Contribution Clause in Contracts

Conduct of Indemnification Proceedings; Contribution. (1) Each indemnifying party and indemnified party under this Section 6(f) shall comply with the procedures set forth in Section 7(a)(iii) with respect to any indemnity sought pursuant to this Section 6(f). (2) Each indemnifying party and indemnified party under this Section 6(f) also agrees to comply with the provisions in Section 7(a)(iv) as they relate to contribution.

Appears in 16 contracts

Samples: Stock Purchase & Registration Rights Agreement (Steinberg Arthur Jay), Stock Purchase & Registration Rights Agreement (Startech Environmental Corp), Stock Purchase & Registration Rights Agreement (Startech Environmental Corp)

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Conduct of Indemnification Proceedings; Contribution. (1i) Each indemnifying party and indemnified party under this Section 6(f) 6.6 shall comply with the procedures set forth in Section 7(a)(iii7.1(c) with respect to any indemnity sought pursuant to this Section 6(f)6.6. (2ii) Each indemnifying party and indemnified party under this Section 6(f) 6.6 also agrees to comply with the provisions in Section 7(a)(iv7.1(d) as they relate to contribution.

Appears in 5 contracts

Samples: Stock Purchase and Registration Rights Agreement (Metropolitan Venture Partners Ii Lp), Stock Purchase and Registration Rights Agreement (Direct Insite Corp), Stock Purchase and Registration Rights Agreement (Metropolitan Venture Partners Ii Lp)

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Conduct of Indemnification Proceedings; Contribution. (1) Each indemnifying party and indemnified party under this Section 6(f) shall comply with the procedures set forth in Section 7(a)(iii) with respect to any indemnity sought pursuant to this Section 6(f). (2) Each indemnifying party and indemnified party under this Section 6(f) also agrees to comply with the provisions in Section 7(a)(iv) as they relate to contribution.. EXECUTION COPY

Appears in 1 contract

Samples: Stock Purchase and Registration Rights Agreement (Startech Environmental Corp)

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