Common use of Insurance Pursuit Clause in Contracts

Insurance Pursuit. ESS shall obtain Vialta's prior approval, which approval shall not be unreasonably withheld, prior to independently pursuing insurance recoveries from Insurance Policies for Insured Vialta Liabilities. All such efforts shall be at ESS's sole cost and expense.

Appears in 2 contracts

Samples: Master Distribution Agreement (Ess Technology Inc), Master Distribution Agreement (Vialta Inc)

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Insurance Pursuit. ESS Vialta shall obtain Vialta's ESS' prior approval, which approval shall not be unreasonably withheld, prior to independently pursuing insurance recoveries from Insurance Policies for Insured Vialta ESS Liabilities. All such efforts shall be at ESSVialta's sole cost and expense.

Appears in 2 contracts

Samples: Master Distribution Agreement (Vialta Inc), Master Distribution Agreement (Ess Technology Inc)

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