Common use of Defense by Indemnifying Party Clause in Contracts

Defense by Indemnifying Party. If any action is brought against an Indemnified Party and the Indemnified Party notifies the indemnifying party of the commencement of such action, the indemnifying party will have the option to assume all or any part of the defense of such action, either alone or jointly with any other indemnifying party. If the indemnifying party assumes all or any part of such defense, the indemnifying party's counsel will be reasonably satisfactory to the Indemnified Party. After notice from the indemnifying party to the Indemnified Party of its election to assume the defense of such action, the indemnifying party will not be liable to the Indemnified Party under paragraph 6 for any legal or other expenses subsequently incurred by the Indemnified Party in connection with the defense of such action, except as provided in paragraph 7.2.

Defense by Indemnifying Party. If any action is brought against an ----------------------------- Indemnified Party and the Indemnified Party notifies the indemnifying party of the commencement of such action, the indemnifying party will have the option to assume all or any part of the defense of such action, either alone or jointly with any other indemnifying party. If the indemnifying party assumes all or any part of such defense, the indemnifying party's counsel will be reasonably satisfactory to the Indemnified Party. After notice from the indemnifying party to the Indemnified Party of its election to assume the defense of such action, the indemnifying party will not be liable to the Indemnified Party under paragraph 6 4 for any legal or other expenses subsequently incurred by the Indemnified Party in connection with the defense of such action, except as provided in paragraph 7.25.2.