Failure of Indemnifying Party to Act. In the event that an indemnifying party does not elect to assume the defense of any claim, suit, action or proceeding, then any failure of the indemnified party to defend or to participate in the defense of any such claim, suit, action or proceeding or to cause the same to be done, shall not relieve the indemnifying party of its obligations hereunder.
Appears in 3 contracts
Samples: Acquisition Agreement (Quadramed Corp), Acquisition Agreement (Quadramed Corp), Asset Purchase Agreement (Eclipsys Corp)
Failure of Indemnifying Party to Act. In the event that an the indemnifying party does not elect to assume the defense of any claim, suit, action or proceeding, then any failure of the indemnified party to defend or to participate in the defense of any such claim, suit, action or proceeding or to cause the same to be done, shall not relieve the indemnifying party of its obligations hereunder, provided, that the indemnified party gives the indemnifying party at least thirty (30) days written notice of its proposed failure to defend or participate and affords the indemnifying party the opportunity to assume the defense thereof.
Appears in 3 contracts
Samples: Master Agreement (Chequemate International Inc), Master Agreement (Chequemate International Inc), Master Agreement (Chequemate International Inc)
Failure of Indemnifying Party to Act. In the event that an the indemnifying party does not elect to assume the defense of any claim, suit, action or proceeding, then any failure of the indemnified party to defend or to participate in the defense of any such claim, suit, action or proceeding or to cause the same to be done, shall not relieve the indemnifying party of its obligations hereunder, provided that the indemnified party gives the indemnifying party at least thirty (30) days' notice of its proposed intention not to defend or participate and affords the indemnifying party the opportunity to assume the defense thereof.
Appears in 3 contracts
Samples: Share Purchase Agreement (Internet Cable Corp), Share Purchase Agreement (Internet Cable Corp), Share Purchase Agreement (Laser Master International Inc)
Failure of Indemnifying Party to Act. In the event that an the indemnifying party does not elect to assume the defense of any claim, suit, action or proceeding, then any failure of the indemnified party to defend or to participate in the defense of any such claim, suit, action or proceeding or to cause the same to be done, shall not relieve the indemnifying party of its obligations hereunder, provided that the indemnified party gives the indemnifying party at least thirty days' written notice of its proposed intention not to defend or participate and affords the indemnifying party the opportunity to assume the defense thereof.
Appears in 1 contract
Failure of Indemnifying Party to Act. In the event that an the indemnifying party does not elect to assume the defense of any claim, suit, action or proceeding, then any failure of the indemnified party to defend or to participate in the defense of any such claim, suit, action or proceeding or to cause the same to be done, shall not relieve the indemnifying party of its obligations hereunder, provided that the indemnified party gives the indemnifying party at least 30 days written notice of its proposed intention not to defend or participate and affords the indemnifying party the opportunity to assume the defense thereof.
Appears in 1 contract
Samples: Contribution Agreement (Astralis Pharmaceuticals LTD)
Failure of Indemnifying Party to Act. In If the event that an indemnifying party Indemnifying Party does not elect to assume the defense of any claim, suit, action or proceeding, then any failure of the indemnified party Indemnified Party to defend or to participate in the defense of any such claim, suit, action or proceeding or to cause the same to be done, shall not relieve the indemnifying party Indemnifying Party of its obligations hereunderunder this Agreement; provided that the Indemnified Party gives the Indemnifying Party at least 10 days' notice of its proposed failure to defend or participate and affords the Indemnifying Party the opportunity to assume the defense thereof.
Appears in 1 contract
Samples: Contribution Agreement (Hartford Steam Boiler Inspection & Insurance Co)