Common use of Indemnification Procedures for Third Party Claims Clause in Contracts

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a third party with respect to which indemnification is sought hereunder, the Indemnified Party shall give prompt written notice, and in any event within 20 days after it receives notice of that Claim, to the Indemnifying Party of any such Claim made on it stating the nature and basis for that Claim. A failure to give that notice within that period shall not preclude the Indemnified Party from obtaining that indemnification but its right to indemnification shall be reduced to the extent that any such delay materially prejudiced the defense of the Claim or materially increased the amount of liability or cost of defense.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a third party with respect to which indemnification is sought hereundersought, the Party seeking indemnification (the “Indemnified Party Party”) shall give prompt written notice, and in any event within 20 days after it receives notice of that Claim15 days, to the Trust and PWPL (the “Indemnifying Party Parties”) of any such Claim Claims made on it stating upon it. If the nature and basis for that Claim. A failure Indemnified Party fails to give that notice within that period such notice, such failure shall not preclude the Indemnified Party from obtaining that such indemnification but its right to indemnification shall may be reduced to the extent that any such delay materially prejudiced the defense defence of the Claim or materially increased the amount of liability or cost of defensedefence.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a third party with respect to which indemnification is sought hereundersought, the Party seeking indemnification (the “Indemnified Party Party”) shall give prompt written notice, and in any event within 20 days after it receives notice of that Claimdays, to the other Party (the “Indemnifying Party Party”) of any such Claim Claims made on it stating upon it. If the nature and basis for that Claim. A failure Indemnified Party fails to give that notice within that period such notice, such failure shall not preclude the Indemnified Party from obtaining that such indemnification but its right to indemnification shall may be reduced to the extent that any such delay materially prejudiced the defense defence of the Claim or materially increased the amount of liability or cost of defensedefence.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a third party with respect to which indemnification is sought hereundersought, the Party seeking indemnification (the Indemnified Party Party) shall give prompt written notice, and in any event within 20 days after it receives notice of that Claimten (10) days, to the other Party (in this Section, the Indemnifying Party Party) of any such Claim Claims made on it stating upon it. If the nature and basis for that Claim. A failure Indemnified Party fails to give that notice within that period such notice, such failure shall not preclude the Indemnified Party from obtaining that such indemnification but its right to indemnification shall be reduced to the extent that any such delay materially prejudiced the defense of the Claim or materially increased the amount of liability or cost of defense.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a third party with respect to which indemnification is sought hereunder, the Indemnified Party shall give prompt written notice, and in any event within 20 10 days after it receives notice of that Claim, to the Indemnifying Party of any such Claim made on it stating the nature and basis for that Claim. A failure to give that notice within that period shall not preclude the Indemnified Party from obtaining that indemnification but its right to indemnification shall be reduced to the extent that any such delay materially prejudiced the defense of the Claim or materially increased the amount of liability or cost of defense.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a third party with respect to which indemnification is sought hereundersought, the Party seeking indemnification (the “Indemnified Party Party”) shall give prompt written notice, and in any event within 20 days after it receives notice of that Claimdays, to the other Party (the “Indemnifying Party Party”) of any such Claim Claims made on it stating upon it. If the nature and basis for that Claim. A failure Indemnified Party fails to give that notice within that period such notice, such failure shall not preclude the Indemnified Party from obtaining that such indemnification but its right to indemnification shall may be reduced to the extent that any such delay materially prejudiced the defense defence of the Claim or materially increased the amount of liability or cost of defense.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a third party with respect to which indemnification is sought hereundersought, the Party seeking indemnification (the “Indemnified Party Party”) shall give prompt written notice, and in any event within 20 days after it receives notice of that Claimten (10) days, to the other Party (in this Section, the “Indemnifying Party Party”) of any such Claim Claims made on it stating upon it. If the nature and basis for that Claim. A failure Indemnified Party fails to give that notice within that period such notice, such failure shall not preclude the Indemnified Party from obtaining that such indemnification but its right to indemnification shall be reduced to the extent that any such delay materially prejudiced the defense defence of the Claim or materially increased the amount of liability or cost of defensedefence.