Common use of Coordination of Risk Management Clause in Contracts

Coordination of Risk Management. The parties shall coordinate risk management activities with one another. This will include the prompt reporting of any and all pending or threatened claims, filing of timely notices of claim, cooperating fully with one another in the defense of any claims, and complying with any defense and reimbursement provisions of Commonwealth governmental immunity laws and applicable insurance policies. Neither party shall compromise, settle, negotiate, or otherwise affect any disposition of any claim or potential claims asserted against it to the extent such claims are insured by or through the other party without the approval of the other party.

Appears in 3 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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Coordination of Risk Management. The parties Parties shall coordinate risk management activities with one another. This will include the prompt reporting of any and all pending or threatened claims, filing of timely notices of claim, cooperating fully with one another in the defense of any claims, and complying with any defense and reimbursement provisions of Commonwealth governmental immunity laws and applicable insurance policies. Neither party Party shall compromise, settle, negotiate, or otherwise affect any disposition of any claim or potential claims asserted against it to the extent such claims are insured by or through the other party Party without the approval of the other partyParty.

Appears in 2 contracts

Samples: Academic and Business Services Agreement, Academic and Business Services Agreement

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Coordination of Risk Management. The parties shall coordinate risk management activities with one another. This will include the prompt reporting of any and all pending or threatened claims, claims and the filing of timely notices of claim, cooperating co- operating fully with one another in the defense of any claims, claims (except in the case of any conflict of interest) and complying with any defense and reimbursement provisions of Commonwealth State governmental immunity laws and applicable insurance policies. Neither party shall compromise, settle, negotiate, or otherwise affect any disposition of any claim or potential claims asserted against it to the extent such claims are insured by or through the other party without the approval of the other party.

Appears in 1 contract

Samples: laschoolboard.org

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