Common use of Notice by the Indemnitee Clause in Contracts

Notice by the Indemnitee. Promptly after receipt by the Indemnitee of notice of the commencement of or the threat of commencement of any proceeding, the Indemnitee shall, if the Indemnitee believes that indemnification with respect thereto may be sought from the Company under this Agreement, notify the Company of the commencement or threat of commencement thereof.

Appears in 10 contracts

Samples: Investment and Transaction Agreement (Id Systems Inc), Indemnity Agreement, Indemnification Agreement (PowerFleet, Inc.)

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Notice by the Indemnitee. Promptly after receipt by the Indemnitee of notice of the commencement of or the threat of commencement of any proceeding, the Indemnitee shall, if the Indemnitee believes that indemnification with respect thereto may be sought from the Company under this Agreement, notify the Company of the commencement or threat of commencement thereof; provided that the failure to give such notice shall not impair the Indemnitee’s rights under this Agreement.

Appears in 1 contract

Samples: Indemnity Agreement (ZAIS Group Holdings, Inc.)

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Notice by the Indemnitee. Promptly after receipt by the Indemnitee of notice of the commencement of or the threat of commencement of any proceeding, the Indemnitee shall, if the Indemnitee believes that indemnification with respect thereto may be sought from the Company under this Agreement, notify the Company in writing (email being sufficient) of the commencement or threat of commencement thereof.

Appears in 1 contract

Samples: Indemnity Agreement (Applied Digital Corp.)

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