Common use of Dealing with Claims Clause in Contracts

Dealing with Claims. Commence, defend, adjust or settle suits, administrative or legal proceedings in connection with the Trust Fund, and represent the Trust Fund in any such suits, administrative or legal proceedings and keep the Company informed; provided, however, that the Trustee shall not be obliged or required to do so unless it has first been indemnified by the Company at the Company's expense to the Trustee's satisfaction against all expenses and liabilities which it may incur as a result thereof, except where such suits, administrative or legal proceedings directly result from a breach by the Trustee of the Standard of Care.

Dealing with Claims. Commence, defend, adjust or settle suits, administrative or legal proceedings in connection with the Trust Fund, and represent the Trust Fund in any such suits, administrative or legal proceedings and keep the Company informed; provided, however, that the Trustee shall not be obliged or required to do so unless it has first been indemnified by the Company at the Company's expense to the TrusteetTrustee's satisfaction against all expenses and liabilities which it may incur as a result thereof, except where such suits, administrative or legal proceedings directly result from a breach by the Trustee of the Standard of Care.