Common use of Counterclaim Clause in Contracts

Counterclaim. If the facts giving rise to indemnification hereunder shall involve a possible claim by the Indemnified Party against a third party, the Indemnified Party shall have the right, at its own cost and expense to undertake the prosecution, compromise, and settlement of such claim.

Appears in 2 contracts

Samples: Equipment and Services (Cablevision Systems Corp /Ny), CSC Holdings Inc

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Counterclaim. If the facts giving rise to indemnification hereunder shall involve a possible claim by the Indemnified Party against a third party, the Indemnified Party shall have the right, at its own cost and expense expense, to undertake the prosecution, compromise, and settlement of such claim.

Appears in 2 contracts

Samples: Joint Investment Agreement (Orion Newco Services Inc), Disclosure Agreement (Orion Newco Services Inc)

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