Procedure for Indemnification of Third Party Claims. SECTION 6.3.1 If a party shall receive notice of any claim or Action brought, asserted, commenced or pursued by any Person not a party to this Agreement (herein referred to as a "Third Party Claim"), with respect to which the other party is or may be obligated to make an Indemnity Payment, it shall give such other party prompt written notice thereof (including any pleadings relating thereto) after becoming aware of such Third Party Claim, specifying in reasonable detail the nature of the Third Party Claim and the amount or estimated amount thereof to the extent then feasible (which estimate shall not be conclusive of the final amount of such claim); provided, however, that the failure of a party to give notice as provided in this Section 6.3.1 shall not relieve the other party of its indemnification obligations under this Section 6, except to the extent that such other party is actually prejudiced by such failure to give notice.
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Samples: Reorganization Agreement (C Quential Inc), Reorganization Agreement (C Quential Inc), Reorganization Agreement (C Quential Inc)
Procedure for Indemnification of Third Party Claims. SECTION 6.3.1 Section 5.3.1 If a any party shall receive notice of any claim or Action brought, asserted, commenced or pursued by any Person person or entity not a party to this Agreement (herein referred to as a "Third Party Claim"), with respect to which the any other party is or may be obligated to make an Indemnity Payment, it shall give such other party prompt written notice thereof (including any pleadings relating thereto) after becoming aware of such Third Party Claim, specifying in reasonable detail the nature of the Third Party Claim and the amount or estimated amount thereof to the extent then feasible (which estimate shall not be conclusive of the final amount of such claim); provided, however, that the failure of a party to give notice as provided in this Section 6.3.1 5.3.1 shall not relieve the any other party of its indemnification obligations under this Section 65, except to the extent that such other party is actually prejudiced by such failure to give notice.
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Samples: Distribution Agreement (Interstate Hotels Corp), Distribution Agreement (Interstate Hotels Management Inc)
Procedure for Indemnification of Third Party Claims. SECTION 6.3.1 Section 5.3.1 If a either party shall receive notice of any claim or Action brought, asserted, commenced or pursued by any Person person or entity not a party to this Agreement (herein referred to as a "Third Party Claim"), with respect to which the other party is or may be obligated to make an Indemnity Payment, it shall give such other party prompt written notice thereof (including any pleadings relating thereto) after becoming aware of such Third Party Claim, specifying in reasonable detail the nature of the Third Party Claim and the amount or estimated amount thereof to the extent then feasible (which estimate shall not be conclusive of the final amount of such claim); provided, however, that the failure of a party to give notice as provided in this Section 6.3.1 5.3.1 shall not relieve the other party of its indemnification obligations under this Section 65, except to the extent that such other party is actually prejudiced by such failure to give notice.
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Procedure for Indemnification of Third Party Claims. SECTION Section 6.3.1 If a party shall receive notice of any claim or Action brought, asserted, commenced or pursued by any Person not a party to this Agreement (herein referred to as a "Third Party Claim"), with respect to which the other party is or may be obligated to make an Indemnity Payment, it shall give such other party prompt written notice thereof (including any pleadings relating thereto) after becoming aware of such Third Party Claim, specifying in reasonable detail the nature of the Third Party Claim and the amount or estimated amount thereof to the extent then feasible (which estimate shall not be conclusive of the final amount of such claim); provided, however, that the failure of a party to give notice as provided -------- ------- in this Section 6.3.1 shall not relieve the other party of its indemnification obligations under this Section 6, except to the extent that such other party is actually prejudiced by such failure to give notice.
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Procedure for Indemnification of Third Party Claims. SECTION 6.3.1 5.3.1 If a either party shall receive notice of any claim or Action brought, asserted, commenced or pursued by any Person person or entity not a party to this Agreement (herein referred to as a "Third Party Claim"), with respect to which the other party is or may be obligated to make an Indemnity Payment, it shall give such other party prompt written notice thereof (including any pleadings relating thereto) after becoming aware of such Third Party Claim, specifying in reasonable detail the nature of the Third Party Claim and the amount or estimated amount thereof to the extent then feasible (which estimate shall not be conclusive of the final amount of such claim); provided, however, that the failure of a party to give notice as provided in this Section 6.3.1 5.3.1 shall not relieve the other party of its indemnification obligations under this Section 65, except to the extent that such other party is actually prejudiced by such failure to give notice.
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