Common use of Notices and Defense of Indemnified Matters Clause in Contracts

Notices and Defense of Indemnified Matters. Each Party shall promptly notify the other Party of any matter of which it becomes aware and for which it is entitled to indemnification from the other Party under this Agreement. The indemnifying Party shall be obligated to defend, at the indemnifying Party’s sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party relating to any matter for which the indemnifying Party has agreed to indemnify and hold the indemnified Party harmless under this Agreement. However, the indemnified Party shall have the right to participate with the indemnifying Party in the defense of any such matter at its own expense.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Whittier Energy Corp), Purchase and Sale Agreement (Storm Cat Energy CORP)

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Notices and Defense of Indemnified Matters. Each Party shall promptly notify the other Party of any matter of which it becomes aware and for which it is entitled to indemnification from the such other Party under this Agreement. The indemnifying Party shall be obligated to defend, at the such indemnifying Party’s sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party relating to any matter for which the such indemnifying Party has agreed to indemnify and hold the indemnified Party harmless under this Agreement. However, the indemnified Party shall have the right to participate with the indemnifying Party in the defense of any such matter at its own expense.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Carbon Natural Gas Co), Purchase and Sale Agreement (Carbon Energy Corp)

Notices and Defense of Indemnified Matters. Each Party shall promptly notify the other Party of any matter of which it becomes aware and for which it is entitled to indemnification from the other Party under this Agreement. The indemnifying Party shall be obligated to defend, at the indemnifying Party’s 's sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party relating to any matter for which the indemnifying Party has agreed to indemnify and hold the indemnified Party harmless under this Agreement. However, the indemnified Party shall have the right to participate with the indemnifying Party in the defense of any such matter at its own expense.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Legacy Reserves L P), Purchase and Sale Agreement (Legacy Reserves L P)

Notices and Defense of Indemnified Matters. Each Party claiming it is entitled to indemnification hereunder shall promptly notify the other Party or Parties from which it is seeking indemnification of any matter of which it becomes aware and for which it is entitled to indemnification from the other Party under this Agreement. The indemnifying Party shall be obligated to defend, at the indemnifying Party’s sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party relating to any matter for which the indemnifying Party has agreed to indemnify and hold the indemnified Party harmless under this Agreement. However, the indemnified Party shall have the right to participate with the indemnifying Party in the defense of any such matter at its own expense.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)

Notices and Defense of Indemnified Matters. Each Party claiming it is entitled to indemnification hereunder shall promptly notify the other Party or Parties from which it is seeking indemnification of any matter of which it becomes aware and for which it is entitled to indemnification from the other Party under this Agreement. The indemnifying Party shall be obligated to defend, at the indemnifying Party’s 's sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party relating to any matter for which the indemnifying Party has agreed to indemnify and hold the indemnified Party harmless under this Agreement. However, the indemnified Party shall have the right to participate with the indemnifying Party in the defense of any such matter at its own expense.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

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Notices and Defense of Indemnified Matters. Each Party shall promptly notify the other Party Parties of any matter of which it becomes aware and for which it is entitled to indemnification from the other Party Parties under this Agreement. The indemnifying Party Parties shall be obligated to defend, at the such indemnifying Party’s sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party Parties relating to any matter for which the such indemnifying Party has agreed to indemnify and hold the indemnified Party Parties harmless under this Agreement. However, the indemnified Party Parties shall have the right to participate with the indemnifying Party Parties in the defense of any such matter at its own expense.

Appears in 1 contract

Samples: Escrow Agreement (Ivanhoe Energy Inc)

Notices and Defense of Indemnified Matters. Each Party shall promptly notify the other Party of any matter of which it becomes aware and for which it is entitled to indemnification from the other Party under this Agreement. The indemnifying Party shall be obligated to defend, at the indemnifying Party’s sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party relating to any matter for which the indemnifying Party has agreed to indemnify and hold the indemnified Party harmless under this Agreement. However, the indemnified Party shall have the right to participate with the indemnifying Party in the defense of any such matter at its own expense.. Article XV

Appears in 1 contract

Samples: Sale and Purchase Agreement (Eagle Mountain Corp)

Notices and Defense of Indemnified Matters. Each Party shall promptly notify the other another Party of any matter of which it becomes aware and for which it is entitled to indemnification from the such other Party under this Agreement. The indemnifying Party shall be obligated to defend, at the such indemnifying Party’s sole expense, any litigation or other administrative or adversarial proceeding against the indemnified Party relating to any matter for which the such indemnifying Party has agreed to indemnify and hold the indemnified Party harmless under this Agreement. However, the indemnified Party shall have the right to participate with the indemnifying Party in the defense of any such matter at its own expense.

Appears in 1 contract

Samples: Purchase and Sale Agreement (HKN, Inc.)

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