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 Person that is not a party to this Agreement (a “Third Party”) with respect to which indemnification is sought, the party seeking indemnification (the “Indemnified Party”) shall give prompt notice, and in any event within 30 Business Days, to the party against whom indemnification is asserted (the “Indemnifying Parties”) of any such Claims made upon it. If the Indemnified Party fails to give such notice, such failure shall not preclude the Indemnified Party from obtaining such indemnification but its right to indemnification may be reduced to the extent that such delay prejudiced the defence of the Claim or increased the amount of Liability or cost of defense.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims claims for Damages made by a Person that is not a third party to this Agreement (a “Third Party”) with respect to which indemnification is soughtsought pursuant to this Agreement (“Claims”), the party Party seeking indemnification (the “Indemnified Party”) shall give prompt notice, and in any event within 30 Business Daysdays, to the party against whom indemnification is asserted other Party (the “Indemnifying PartiesParty”) of any such Claims made upon it. If the Indemnified Party fails to give such notice, such failure shall not preclude the Indemnified Party from obtaining such indemnification but its right to indemnification may be reduced to the extent that such delay prejudiced the defence of the Claim or increased the amount of Liability liability or cost of defensedefence.

Indemnification Procedures for Third Party Claims. (a) In the case of Claims made by a Person that is not a third party to this Agreement (a “Third Party”) with respect to which indemnification is sought, the party Party seeking indemnification (the “Indemnified PartyIndemnitee”) shall give prompt notice, and in any event within 30 Business Daysten (10) days of the Indemnitee acquiring knowledge of such Claim, to the party against whom indemnification is asserted other Party (in this Section, the “Indemnifying PartiesIndemnitor”) ), of any such Claims made upon it. If the Indemnified Party Indemnitee fails to give such notice, such failure shall not preclude the Indemnified Party Indemnitee from obtaining such indemnification but its right to indemnification may shall be reduced to the extent that such delay prejudiced the defence defense of the Claim or increased the amount of Liability liability or cost of defense.

Indemnification Procedures for Third Party Claims. (a) In the case of Losses arising from Claims made by a Person that is not a third party to this Agreement (a “Third Party”) with respect to which indemnification is sought, the party Vendor Indemnified Party or Purchaser Indemnified Party, as the case may be, seeking indemnification (the “Indemnified Party”) shall give prompt notice, and in any event within 30 Business Days20 days, to the party against whom indemnification is asserted other Party (the “Indemnifying PartiesParty”) of any such Claims made upon it. If the Indemnified Party fails to give such notice, such failure shall not preclude the Indemnified Party from obtaining such indemnification but its right to indemnification may be reduced to the extent that such delay prejudiced the defence of the Claim or increased the amount of Liability liability or cost of defense.