Defense of Legal Actions. If the claim which is the subject of any notification given pursuant to Section 7.4(A) is based on a legal action filed by any third person (a “Third Party Claim”), the Indemnifying Party shall have the right to take over the defense thereof, but the Indemnifying Party shall notify the Indemnified Party within ten (10) Business Days of its receipt of a claim notice pursuant to Section 7.4(A) as to whether or not it will assume the defense against such Third Party Claim.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement (New Horizons Worldwide Inc), Assignment and Assumption Agreement (New Horizons Worldwide Inc), Assignment and Assumption Agreement (New Horizons Worldwide Inc)
Defense of Legal Actions. If the claim which is the subject of any notification given pursuant to Section 7.4(A7.3(A) is based on a legal action filed by any third person (a “Third Party Claim”), the Indemnifying Party shall have the right to take over the defense thereof, but the Indemnifying Party shall notify the Indemnified Party within ten (10) Business Days of its receipt of a claim notice pursuant to Section 7.4(A7.3(A) as to whether or not it will assume the defense against such Third Party Claim.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (New Horizons Worldwide Inc)