Common use of Notification and Defense of Claims Clause in Contracts

Notification and Defense of Claims. The 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 matter which may be subject to indemnification hereunder, whether civil, criminal, or investigative; provided. however, that the failure of the Indemnitee to give such notice to the Company shall not adversely affect the Indemnitee’s rights under this Agreement except to the extent the Company has been materially prejudiced as a direct result of such failure. Nothing in this Agreement shall constitute a waiver of the Company’s right to seek participation at its own expense in any Proceeding which may give rise to indemnification hereunder.

Appears in 6 contracts

Samples: Restated Indemnification Agreement (TGC Industries Inc), Restated Indemnification Agreement (Dawson Geophysical Co), Indemnification Agreement (Transatlantic Petroleum Ltd.)

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