Notice by Xxxxxxxxxx. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint, indictment, information, or other document relating to any Proceeding which may result in the payment of Indemnifiable Amounts or the advancement of Indemnifiable Expenses hereunder; provided, however, that the failure to give any such notice shall not disqualify Indemnitee from the right, or otherwise affect in any manner any right of Indemnitee, to receive payments of Indemnifiable Amounts or advancements of Indemnifiable Expenses unless the Company’s ability to defend in such Proceeding is materially and adversely prejudiced thereby.
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Samples: Indemnification Agreement (Watts Water Technologies Inc), Indemnification Agreement (Pacira BioSciences, Inc.), Indemnification Agreement (Watts Water Technologies Inc)
Notice by Xxxxxxxxxx. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena, complaint, indictment, information, information or other document relating to any Proceeding which may result in the payment of Indemnifiable Amounts or the advancement of Indemnifiable Expenses hereunder; provided, however, that the failure to give any such notice shall not disqualify Indemnitee from the right, or otherwise affect in any manner any right of Indemnitee, to receive payments of Indemnifiable Amounts or advancements of Indemnifiable Expenses unless the Company’s ability to defend in such Proceeding is materially and adversely prejudiced thereby.
Appears in 2 contracts
Samples: Indemnification Agreement (CervoMed Inc.), Indemnification Agreement (CervoMed Inc.)
Notice by Xxxxxxxxxx. Indemnitee agrees to notify the Company promptly in writing upon being served with any summons, citation, subpoena, complaint, indictment, information, or other document relating to any Proceeding or any claim, issue or matter involved in any Proceeding which may result in the payment indemnification of Indemnifiable Amounts or the advancement of Indemnifiable Expenses hereunder; provided, however, that the failure to give any such notice shall not disqualify Indemnitee from the right, or otherwise affect in any manner any right of Indemnitee, to receive payments indemnification of Indemnifiable Amounts or advancements of Indemnifiable Expenses unless hereunder, except to the extent the Company’s ability to defend in such Proceeding or such claim, issue or matter is materially and adversely prejudiced thereby.
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