Defense of Third Party Actions. (a) Promptly after receipt of notice of any Third Party Action, any person who believes he, she or it may be an Indemnified Person will give prompt written notice to the potential Indemnifying Person of such action.
Appears in 11 contracts
Samples: Stock Purchase and Sale Agreement, Joint Venture Agreement (Northsight Capital, Inc.), Stock Purchase and Sale Agreement (Enviromart Companies, Inc.)
Defense of Third Party Actions. (a) Promptly after receipt of notice of any Third Party Action, any person who believes he, she or it may be an Indemnified Person will shall give prompt written notice to the potential Indemnifying Person of such action. The omission to give such notice to the Indemnifying Person will not relieve the Indemnifying Person of any liability hereunder unless it was materially prejudiced thereby.
Appears in 3 contracts
Samples: Membership Interests Purchase Agreement (Gse Systems Inc), Asset Purchase Agreement (Assuranceamerica Corp), Asset Purchase Agreement (Horizon Medical Products Inc)
Defense of Third Party Actions. (a) Promptly after receipt of notice of any Third Party Action, any person who believes he, she or it may be an Indemnified Person will give prompt written notice to the potential Indemnifying Person of such action. The omission to give such notice to the Indemnifying Person will not relieve the Indemnifying Person of any liability hereunder except to the extent that the Indemnifying Party shall demonstrate that its defense of such Third Party Action was prejudiced by the failure to give notice, unless it was prejudiced thereby.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Safe Communications, Inc.), Stock Purchase Agreement (Northsight Capital, Inc.)
Defense of Third Party Actions. (a) Promptly after receipt of notice of any Third Party Action, any person Person who believes he, she or it may be an Indemnified Person will give prompt written notice to the potential Indemnifying Person of such action. The omission to give such notice to the Indemnifying Person will not relieve the Indemnifying Person of any liability hereunder except to the extent that the Indemnifying Party shall demonstrate that its defense of such Third Party Action was prejudiced by the failure to give notice.
Appears in 1 contract
Samples: Purchase Agreement (General Environmental Management, Inc)
Defense of Third Party Actions. (a) Promptly after receipt of notice of any Third Party Action, any person who believes he, she or it may be an Indemnified Person will give prompt written notice to the potential Indemnifying Person of such action. The omission to give such notice to the Indemnifying Person will not relieve the Indemnifying Person of any liability hereunder unless it was prejudiced thereby.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Ufp Technologies Inc)
