Common use of Indemnity Requirements Clause in Contracts

Indemnity Requirements. The party seeking indemnity under this Section 9 ("Indemnitee") must give the other party ("Indemnitor") the following: (a) prompt written notice of any Claim for which the Indemnitee intends to seek indemnity, (b) all cooperation and assistance reasonably requested by the Indemnitor in the defense of the Claim, at the Indemnitor's sole expense, and (c) sole control over the defense and settlement of the Claim, provided that the Indemnitee may participate in the defense of the Claim at its sole expense and any settlement by the Indemnitor does not include an admission of liability by the Indemnitee.

Appears in 2 contracts

Samples: Master Subscription Agreement, Nuclei Subscription Agreement

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Indemnity Requirements. The party seeking indemnity (“Indemnitee”) under this Section 9 5.6 ("Indemnitee"Indemnification) must give the other party ("Indemnitor") the following: (a) prompt written notice of any Claim claim for which the Indemnitee intends to seek indemnity, (b) all cooperation and assistance reasonably requested by the Indemnitor in the defense of the Claimclaim, at the Indemnitor's ’s sole expense, and (c) sole control over the defense and settlement of the Claimclaim, provided that the Indemnitee may participate in the defense of the Claim claim at its sole expense and any settlement by the Indemnitor does not include an admission of liability by the Indemnitee.

Appears in 1 contract

Samples: Master Subscription Agreement

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Indemnity Requirements. The party seeking indemnity under this Section 9 ("Indemnitee") must give the other party ("Indemnitor") the following: (a) prompt written notice of any Claim for which the Indemnitee intends to seek indemnity, (b) all cooperation and assistance reasonably requested by the Indemnitor in the defense of the Claim, at the Indemnitor's sole expense, and (c) sole control over the defense and settlement of the Claim, provided that the Indemnitee Indem xxxxx may participate in the defense of the Claim at its sole expense and any settlement by the Indemnitor does not include an admission of liability by the Indemnitee.

Appears in 1 contract

Samples: Master Subscription Agreement

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