Continuing Notice of Certain Claims. Each Indemnifying Party conducting a defense pursuant to Section 7.04(b)(i) or 7.04(b)(ii) shall give prompt and continuing notice to the Indemnified Parties in respect of such Third Party Claim that the Indemnifying Party reasonably believes may: (A) result in the assertion of criminal liability on the part of the Indemnified Party or any of its Affiliates, directors, officers, employees or agents; (B) adversely affect the ability of the Indemnified Party to do business in any jurisdiction or with any customer; or (C) materially affect the reputation of the Indemnified Party or any of its Affiliates, directors, officers, employees or agents.
Appears in 3 contracts
Samples: Contribution and Assumption Agreement (General Electric Co), Contribution and Assumption Agreement (General Electric Co), Contribution and Assumption Agreement (Lockheed Martin Corp)
Continuing Notice of Certain Claims. Each Indemnifying Party conducting a defense pursuant to Section 7.04(b)(i9.04(b)(i) or 7.04(b)(ii9.04(b)(ii) shall give prompt and continuing notice to the Indemnified Parties in respect of such Third Party Claim that the Indemnifying Party reasonably believes may: (A) result in the assertion of criminal liability on the part of the Indemnified Party or any of its Affiliates, directors, officers, employees or agents; (B) adversely affect the ability of the Indemnified Party to do business in any jurisdiction or with any customer; or (C) materially affect the reputation of the Indemnified Party or any of its Affiliates, directors, officers, employees or agents.
Appears in 3 contracts
Samples: Exchange Agreement (General Electric Co), Exchange Agreement (Lockheed Martin Corp), Exchange Agreement (General Electric Co)
